Checchi Capital Advisers LLC Invests $47,000 in Hudson Pacific Properties, Inc. $HPP

Checchi Capital Advisers LLC acquired a new position in shares of Hudson Pacific Properties, Inc. (NYSE:HPP) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 17,186 shares of the real estate investment trust’s stock, valued at approximately $47,000.

Several other large investors also recently modified their holdings of HPP. Nuveen LLC acquired a new stake in shares of Hudson Pacific Properties during the first quarter worth $10,333,000. Conversant Capital LLC bought a new position in Hudson Pacific Properties during the first quarter worth $8,019,000. Alta Fundamental Advisers LLC bought a new position in Hudson Pacific Properties during the first quarter worth $5,622,000. Charles Schwab Investment Management Inc. boosted its stake in Hudson Pacific Properties by 10.1% during the first quarter. Charles Schwab Investment Management Inc. now owns 6,241,593 shares of the real estate investment trust’s stock worth $18,413,000 after acquiring an additional 573,233 shares in the last quarter. Finally, Public Employees Retirement System of Ohio boosted its stake in Hudson Pacific Properties by 133.6% during the second quarter. Public Employees Retirement System of Ohio now owns 500,928 shares of the real estate investment trust’s stock worth $1,373,000 after acquiring an additional 286,477 shares in the last quarter. 97.58% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on HPP. Weiss Ratings reissued a “sell (e+)” rating on shares of Hudson Pacific Properties in a research note on Saturday, September 27th. Cantor Fitzgerald began coverage on shares of Hudson Pacific Properties in a research note on Wednesday, October 1st. They set an “overweight” rating and a $3.50 target price on the stock. BTIG Research cut their target price 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 cut 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 note on Wednesday, August 27th. Finally, The Goldman Sachs Group increased their target price on shares of Hudson Pacific Properties from $2.80 to $3.20 and gave the stock a “neutral” rating in a research note on Wednesday, September 17th. Five analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $3.23.

Hudson Pacific Properties Stock Down 0.2%

Hudson Pacific Properties stock opened at $2.71 on Wednesday. Hudson Pacific Properties, Inc. has a 1-year low of $1.78 and a 1-year high of $5.02. The firm has a market capitalization of $1.03 billion, a price-to-earnings ratio of -0.96 and a beta of 1.64. The firm’s fifty day moving average price is $2.71 and its two-hundred day moving average price is $2.53. The company has a current ratio of 2.18, a quick ratio of 2.18 and a debt-to-equity ratio of 1.17.

Hudson Pacific Properties (NYSE:HPP) last released its quarterly earnings data on Tuesday, August 5th. The real estate investment trust reported $0.04 earnings per share 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 firm 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, equities research analysts predict that Hudson Pacific Properties, Inc. will post 0.45 earnings per share for the current fiscal year.

Hudson Pacific Properties Profile

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.