Inspire Investing LLC Buys 42,021 Shares of Hudson Pacific Properties, Inc. $HPP

Inspire Investing LLC grew its stake in shares of Hudson Pacific Properties, Inc. (NYSE:HPP) by 98.2% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 84,807 shares of the real estate investment trust’s stock after buying an additional 42,021 shares during the quarter. Inspire Investing LLC’s holdings in Hudson Pacific Properties were worth $501,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in HPP. Balyasny Asset Management L.P. increased its stake in Hudson Pacific Properties by 122.4% in the second quarter. Balyasny Asset Management L.P. now owns 15,712,981 shares of the real estate investment trust’s stock valued at $43,054,000 after acquiring an additional 8,646,463 shares during the last quarter. Conversant Capital LLC lifted its stake in Hudson Pacific Properties by 293.6% during the second quarter. Conversant Capital LLC now owns 10,700,000 shares of the real estate investment trust’s stock worth $29,318,000 after purchasing an additional 7,981,580 shares during the last quarter. Sei Investments Co. boosted its holdings in shares of Hudson Pacific Properties by 18,343.2% in the 2nd quarter. Sei Investments Co. now owns 5,571,688 shares of the real estate investment trust’s stock worth $15,266,000 after purchasing an additional 5,541,478 shares in the last quarter. UBS Group AG boosted its holdings in shares of Hudson Pacific Properties by 657.0% in the 3rd quarter. UBS Group AG now owns 5,617,697 shares of the real estate investment trust’s stock worth $15,505,000 after purchasing an additional 4,875,549 shares in the last quarter. Finally, Rush Island Management LP bought a new position in shares of Hudson Pacific Properties during the 2nd quarter valued at about $12,409,000. 97.58% of the stock is owned by institutional investors.

Hudson Pacific Properties Trading Down 0.0%

NYSE HPP opened at $16.91 on Monday. The firm has a market cap of $917.09 million, a PE ratio of -1.67, a price-to-earnings-growth ratio of 1.36 and a beta of 1.89. Hudson Pacific Properties, Inc. has a 1-year low of $5.26 and a 1-year high of $21.70. The stock has a 50-day moving average of $12.75 and a 200-day moving average of $9.61. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 1.28.

Hudson Pacific Properties (NYSE:HPP) last posted its quarterly earnings results on Thursday, May 7th. The real estate investment trust reported ($0.82) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.92) by $0.10. Hudson Pacific Properties had a negative return on equity of 19.05% and a negative net margin of 67.89%.The business had revenue of $181.85 million for the quarter, compared to analyst estimates of $175.12 million. Hudson Pacific Properties has set its FY 2026 guidance at 1.100-1.180 EPS. As a group, sell-side analysts forecast that Hudson Pacific Properties, Inc. will post 1.05 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on HPP shares. Zacks Research raised Hudson Pacific Properties from a “hold” rating to a “strong-buy” rating in a report on Friday, April 3rd. Wall Street Zen cut shares of Hudson Pacific Properties from a “hold” rating to a “sell” rating in a research report on Saturday, May 16th. Morgan Stanley decreased their price target on shares of Hudson Pacific Properties from $8.00 to $5.00 and set an “underweight” rating on the stock in a research note on Tuesday, March 31st. Piper Sandler restated a “neutral” rating and issued a $12.00 price objective (up from $6.50) on shares of Hudson Pacific Properties in a report on Thursday, May 28th. Finally, BMO Capital Markets reaffirmed a “market perform” rating and issued a $16.00 price objective (up from $8.00) on shares of Hudson Pacific Properties in a research note on Monday, June 15th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, six have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, Hudson Pacific Properties has a consensus rating of “Hold” and an average target price of $13.48.

Hudson Pacific Properties Profile

Hudson Pacific Properties (NYSE: HPP) is a self-managed real estate investment trust focused on the acquisition, development and management of high-quality office and studio properties. The company’s portfolio spans strategic West Coast markets in the United States and key markets in Canada, providing space for technology, media and creative companies as well as major film and television producers. As an owner and operator of both traditional office buildings and specialized production facilities, Hudson Pacific seeks to deliver stable income through long-term leases and strategic property enhancements.

In its office segment, Hudson Pacific targets markets with strong job growth and limited supply, including Los Angeles, Silicon Valley, San Diego and Seattle, as well as Vancouver, British Columbia.