Freedom Investment Management Inc. Has $491,000 Position in Hudson Pacific Properties, Inc. $HPP

Freedom Investment Management Inc. reduced its holdings in Hudson Pacific Properties, Inc. (NYSE:HPP) by 3.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 166,405 shares of the real estate investment trust’s stock after selling 5,354 shares during the period. Freedom Investment Management Inc. owned 0.12% of Hudson Pacific Properties worth $491,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Resona Asset Management Co. Ltd. increased its stake in shares of Hudson Pacific Properties by 8.8% during the 1st quarter. Resona Asset Management Co. Ltd. now owns 62,503 shares of the real estate investment trust’s stock worth $186,000 after purchasing an additional 5,051 shares during the last quarter. Winslow Asset Management Inc. increased its stake in shares of Hudson Pacific Properties by 15.8% during the 1st quarter. Winslow Asset Management Inc. now owns 49,030 shares of the real estate investment trust’s stock worth $145,000 after purchasing an additional 6,685 shares during the last quarter. Tower Research Capital LLC TRC increased its stake in shares of Hudson Pacific Properties by 71.8% during the 4th quarter. Tower Research Capital LLC TRC now owns 18,674 shares of the real estate investment trust’s stock worth $57,000 after purchasing an additional 7,807 shares during the last quarter. DekaBank Deutsche Girozentrale increased its stake in shares of Hudson Pacific Properties by 25.4% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 41,563 shares of the real estate investment trust’s stock worth $122,000 after purchasing an additional 8,430 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in shares of Hudson Pacific Properties by 15.4% during the 4th quarter. Envestnet Asset Management Inc. now owns 65,672 shares of the real estate investment trust’s stock worth $199,000 after purchasing an additional 8,775 shares during the last quarter. 97.58% of the stock is currently owned by institutional investors and hedge funds.

Hudson Pacific Properties Stock Up 0.2%

Shares of HPP opened at $2.68 on Wednesday. Hudson Pacific Properties, Inc. has a 52 week low of $1.78 and a 52 week high of $5.56. The firm has a market cap of $1.01 billion, a P/E ratio of -0.95 and a beta of 1.59. The firm’s 50-day simple moving average is $2.64 and its 200 day simple moving average is $2.57. The company has a debt-to-equity ratio of 1.17, a quick ratio of 2.18 and a current ratio of 2.18.

Hudson Pacific Properties (NYSE:HPP) last announced its quarterly earnings results on Tuesday, August 5th. The real estate investment trust reported $0.04 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01. Hudson Pacific Properties had a negative net margin of 53.76% and a negative return on equity of 15.10%. The business had revenue of $190.00 million for the quarter, compared to analyst estimates of $196.27 million. Hudson Pacific Properties has set its Q3 2025 guidance at 0.010-0.05 EPS. On average, analysts forecast that Hudson Pacific Properties, Inc. will post 0.45 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on HPP shares. BTIG Research lowered their price objective on shares of Hudson Pacific Properties from $8.00 to $4.75 and set a “buy” rating on the stock in a research note on Wednesday, June 25th. Wells Fargo & Company lowered their price objective on shares of Hudson Pacific Properties from $4.00 to $3.40 and set an “overweight” rating on the stock in a research note on Monday, May 19th. Wedbush restated a “neutral” rating on shares of Hudson Pacific Properties in a research note on Monday, May 5th. Piper Sandler set a $2.00 price objective on shares of Hudson Pacific Properties and gave the stock a “neutral” rating in a research note on Friday, May 23rd. Finally, BMO Capital Markets lowered their price objective on shares of Hudson Pacific Properties from $4.00 to $3.50 and set an “outperform” rating on the stock in a research note on Friday, June 13th. Four analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Hudson Pacific Properties currently has an average rating of “Hold” and an average price target of $3.14.

Insiders Place Their Bets

In other Hudson Pacific Properties news, Director Robert L. Harris II acquired 44,843 shares of the business’s stock in a transaction on Thursday, June 12th. The stock was purchased at an average price of $2.23 per share, with a total value of $99,999.89. Following the acquisition, the director directly owned 174,731 shares of the company’s stock, valued at approximately $389,650.13. This trade represents a 34.52% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jonathan M. Glaser acquired 448,430 shares of the business’s stock in a transaction on Thursday, June 12th. The stock was acquired at an average cost of $2.23 per share, with a total value of $999,998.90. Following the acquisition, the director directly owned 668,699 shares in the company, valued at approximately $1,491,198.77. This trade represents a 203.58% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have acquired 1,139,007 shares of company stock worth $2,539,986 in the last 90 days. Corporate insiders own 3.92% 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.