Morgan Stanley Issues Positive Forecast for Hudson Pacific Properties (NYSE:HPP) Stock Price

Hudson Pacific Properties (NYSE:HPP) had its price target raised by investment analysts at Morgan Stanley to $14.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The firm presently has an “underweight” rating on the real estate investment trust’s stock. Morgan Stanley’s target price points to a potential upside of 5.38% from the stock’s current price.

A number of other analysts have also weighed in on HPP. New Street Research set a $16.80 price target on shares of Hudson Pacific Properties in a research note on Monday, October 13th. Cantor Fitzgerald dropped their target price on Hudson Pacific Properties from $24.50 to $21.00 and set an “overweight” rating on the stock in a report on Thursday, November 6th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Hudson Pacific Properties in a research note on Monday, November 24th. The Goldman Sachs Group set a $19.25 price objective on Hudson Pacific Properties and gave the stock a “neutral” rating in a research note on Tuesday, November 25th. Finally, Jefferies Financial Group decreased their target price on Hudson Pacific Properties from $17.50 to $16.80 and set a “hold” rating for the company in a research note on Monday, October 13th. Five equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $19.69.

Hudson Pacific Properties Stock Performance

HPP stock traded down $0.20 on Tuesday, reaching $13.29. The company’s stock had a trading volume of 493,578 shares, compared to its average volume of 763,553. Hudson Pacific Properties has a 52 week low of $11.69 and a 52 week high of $27.06. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.78 and a quick ratio of 1.78. The company has a market capitalization of $720.45 million, a P/E ratio of -0.78 and a beta of 1.45. The firm has a fifty day moving average of $16.26 and a two-hundred day moving average of $17.44.

Hudson Pacific Properties (NYSE:HPP) last announced its quarterly earnings results on Wednesday, November 5th. The real estate investment trust reported $0.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.02 by $0.02. Hudson Pacific Properties had a negative return on equity of 16.24% and a negative net margin of 59.61%.The company had revenue of $186.62 million during the quarter, compared to analyst estimates of $186.05 million. Hudson Pacific Properties has set its Q4 2025 guidance at 0.010-0.050 EPS. As a group, analysts predict that Hudson Pacific Properties will post 0.45 EPS for the current fiscal year.

Institutional Investors Weigh In On Hudson Pacific Properties

Hedge funds have recently made changes to their positions in the company. Balyasny Asset Management L.P. grew its position in Hudson Pacific Properties by 122.4% during the 2nd quarter. Balyasny Asset Management L.P. now owns 15,712,981 shares of the real estate investment trust’s stock worth $43,054,000 after purchasing an additional 8,646,463 shares in the last quarter. Prudential Financial Inc. boosted its position in shares of Hudson Pacific Properties by 357.1% in the second quarter. Prudential Financial Inc. now owns 10,686,082 shares of the real estate investment trust’s stock worth $29,280,000 after buying an additional 8,348,371 shares during the period. Conversant Capital LLC boosted its position in shares of Hudson Pacific Properties by 293.6% in 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 buying an additional 7,981,580 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Hudson Pacific Properties during the second quarter valued at $21,422,000. Finally, Sei Investments Co. raised its position in Hudson Pacific Properties by 18,343.2% during the second quarter. Sei Investments Co. now owns 5,571,688 shares of the real estate investment trust’s stock valued at $15,266,000 after buying an additional 5,541,478 shares during the period. Hedge funds and other institutional investors own 97.58% of the company’s stock.

About Hudson Pacific Properties

Hudson Pacific Properties (NYSE: HPP) is a real estate investment trust serving dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries. Hudson Pacific's unique and high-barrier tech and media focus leverages a full-service, end-to-end value creation platform forged through deep strategic relationships and niche expertise across identifying, acquiring, transforming and developing properties into world-class amenitized, collaborative and sustainable office and studio space.