Oasis Management Co Ltd. Takes $1.05 Million Position in Hudson Pacific Properties, Inc. $HPP

Oasis Management Co Ltd. bought a new stake in shares of Hudson Pacific Properties, Inc. (NYSE:HPP) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 380,002 shares of the real estate investment trust’s stock, valued at approximately $1,049,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. AQR Capital Management LLC boosted its holdings in Hudson Pacific Properties by 140.3% in the first quarter. AQR Capital Management LLC now owns 348,203 shares of the real estate investment trust’s stock worth $1,027,000 after acquiring an additional 203,283 shares in the last quarter. Caxton Associates LLP acquired a new position in shares of Hudson Pacific Properties during the first quarter valued at about $82,000. Strs Ohio purchased a new position in shares of Hudson Pacific Properties in the 1st quarter valued at approximately $73,000. Envestnet Asset Management Inc. raised its position in shares of Hudson Pacific Properties by 844.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 570,730 shares of the real estate investment trust’s stock valued at $1,564,000 after purchasing an additional 510,280 shares during the last quarter. Finally, Savant Capital LLC boosted its stake in Hudson Pacific Properties by 57.9% in the 2nd quarter. Savant Capital LLC now owns 66,317 shares of the real estate investment trust’s stock worth $182,000 after purchasing an additional 24,309 shares in the last quarter. 97.58% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have weighed in on the stock. Wall Street Zen raised shares of Hudson Pacific Properties from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Wells Fargo & Company set a $2.60 price target on shares of Hudson Pacific Properties in a report on Tuesday, November 25th. Zacks Research upgraded shares of Hudson Pacific Properties from a “strong sell” rating to a “hold” rating in a research note on Thursday, March 5th. Cantor Fitzgerald dropped their price objective on shares of Hudson Pacific Properties from $13.00 to $10.00 and set an “overweight” rating on the stock in a report on Monday, March 2nd. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Hudson Pacific Properties in a research report on Monday, December 29th. Four investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $13.74.

Hudson Pacific Properties Stock Up 2.9%

HPP stock opened at $6.49 on Friday. The firm’s fifty day simple moving average is $8.05 and its 200-day simple moving average is $13.31. The company has a market capitalization of $351.75 million, a P/E ratio of -0.50, a price-to-earnings-growth ratio of 0.77 and a beta of 1.50. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.78 and a quick ratio of 1.78. Hudson Pacific Properties, Inc. has a 12 month low of $5.55 and a 12 month high of $22.89.

Hudson Pacific Properties (NYSE:HPP) last issued its earnings results on Thursday, February 26th. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.01. The firm had revenue of $256.03 million during the quarter, compared to analysts’ expectations of $168.02 million. Hudson Pacific Properties had a negative net margin of 69.12% and a negative return on equity of 19.89%. Hudson Pacific Properties has set its FY 2026 guidance at 0.960-1.060 EPS. As a group, equities research analysts forecast that Hudson Pacific Properties, Inc. will post 0.45 earnings per share for the current year.

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.