Versor Investments LP Makes New $64,000 Investment in Hudson Pacific Properties, Inc. $HPP

Versor Investments LP bought a new position in shares of Hudson Pacific Properties, Inc. (NYSE:HPPFree Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 23,400 shares of the real estate investment trust’s stock, valued at approximately $64,000.

Other institutional investors have also recently made changes to their positions in the company. Abel Hall LLC purchased a new position in shares of Hudson Pacific Properties in the 2nd quarter valued at approximately $28,000. US Bancorp DE grew its stake in Hudson Pacific Properties by 1,053.7% in the first quarter. US Bancorp DE now owns 9,772 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 8,925 shares during the period. Envestnet Portfolio Solutions Inc. bought a new position in Hudson Pacific Properties in the second quarter worth $29,000. Ballentine Partners LLC purchased a new position in Hudson Pacific Properties during the first quarter valued at $44,000. Finally, GC Wealth Management RIA LLC bought a new stake in shares of Hudson Pacific Properties during the 2nd quarter valued at $44,000. Institutional investors own 97.58% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on HPP shares. Wells Fargo & Company reduced their target price on shares of Hudson Pacific Properties from $3.40 to $3.10 and set an “overweight” rating on the stock in a research report on Wednesday, August 27th. Weiss Ratings reissued a “sell (e+)” rating on shares of Hudson Pacific Properties in a research note on Wednesday. Jefferies Financial Group cut their price objective on shares of Hudson Pacific Properties from $2.50 to $2.40 and set a “hold” rating on the stock in a report on Monday, October 13th. New Street Research set a $2.40 target price on shares of Hudson Pacific Properties in a report on Monday, October 13th. Finally, The Goldman Sachs Group boosted their price target on Hudson Pacific Properties from $2.80 to $3.20 and gave the stock a “neutral” rating in a research report on Wednesday, September 17th. Five equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Hudson Pacific Properties currently has a consensus rating of “Hold” and an average target price of $3.09.

Get Our Latest Analysis on Hudson Pacific Properties

Hudson Pacific Properties Stock Up 1.1%

Shares of Hudson Pacific Properties stock opened at $2.25 on Friday. The company has a debt-to-equity ratio of 1.17, a quick ratio of 2.18 and a current ratio of 2.18. The stock has a market capitalization of $851.19 million, a PE ratio of -0.80 and a beta of 1.62. Hudson Pacific Properties, Inc. has a 52-week low of $1.78 and a 52-week high of $4.66. The company has a 50-day simple moving average of $2.66 and a two-hundred day simple moving average of $2.53.

Hudson Pacific Properties (NYSE:HPPGet Free Report) last posted its quarterly earnings results on Wednesday, November 5th. The real estate investment trust reported $0.04 EPS for the quarter, beating analysts’ consensus estimates of $0.02 by $0.02. The firm had revenue of $186.62 million for the quarter, compared to analysts’ expectations of $186.05 million. Hudson Pacific Properties had a negative net margin of 53.76% and a negative return on equity of 15.10%. Hudson Pacific Properties has set its Q4 2025 guidance at 0.010-0.050 EPS. On average, analysts anticipate that Hudson Pacific Properties, Inc. will post 0.45 EPS for the current fiscal year.

About Hudson Pacific Properties

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Hudson Pacific Properties (NYSE:HPP)

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