Investors Buy Large Volume of Call Options on Hudson Pacific Properties (NYSE:HPP)

Hudson Pacific Properties, Inc. (NYSE:HPP) was the recipient of some unusual options trading activity on Monday. Investors purchased 4,362 call options on the stock. This represents an increase of 213% compared to the average daily volume of 1,395 call options.

Hudson Pacific Properties Trading Up 4.9%

Shares of HPP stock traded up $0.50 during mid-day trading on Monday, hitting $10.82. The company’s stock had a trading volume of 586,025 shares, compared to its average volume of 792,544. The company has a market cap of $586.88 million, a PE ratio of -0.64 and a beta of 1.45. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.78 and a current ratio of 1.78. The company’s fifty day simple moving average is $14.88 and its 200-day simple moving average is $17.34. Hudson Pacific Properties has a 52 week low of $10.10 and a 52 week high of $24.01.

Hudson Pacific Properties (NYSE:HPP) last announced its earnings results on Wednesday, November 5th. The real estate investment trust reported $0.04 EPS for the quarter, beating the consensus estimate 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 for 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, equities research analysts expect that Hudson Pacific Properties will post 0.45 earnings per share for the current fiscal year.

Institutional Trading of Hudson Pacific Properties

Several large investors have recently modified their holdings of HPP. Vanguard Group Inc. raised its stake in shares of Hudson Pacific Properties by 14.3% in the third quarter. Vanguard Group Inc. now owns 38,453,976 shares of the real estate investment trust’s stock worth $106,133,000 after purchasing an additional 4,815,234 shares during the last quarter. Balyasny Asset Management L.P. grew its holdings in Hudson Pacific Properties by 122.4% during the second 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 buying an additional 8,646,463 shares in the last quarter. Principal Financial Group Inc. raised its position in Hudson Pacific Properties by 20.1% in the 3rd quarter. Principal Financial Group Inc. now owns 12,196,771 shares of the real estate investment trust’s stock valued at $33,663,000 after buying an additional 2,039,627 shares during the last quarter. Conversant Capital LLC lifted its stake in Hudson Pacific Properties by 293.6% during the 2nd quarter. Conversant Capital LLC now owns 10,700,000 shares of the real estate investment trust’s stock valued at $29,318,000 after acquiring an additional 7,981,580 shares in the last quarter. Finally, Prudential Financial Inc. lifted its stake in Hudson Pacific Properties by 357.1% during the 2nd quarter. Prudential Financial Inc. now owns 10,686,082 shares of the real estate investment trust’s stock valued at $29,280,000 after acquiring an additional 8,348,371 shares in the last quarter. Institutional investors and hedge funds own 97.58% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. Jefferies Financial Group reduced their price objective on shares of Hudson Pacific Properties from $17.50 to $16.80 and set a “hold” rating on the stock in a research note on Monday, October 13th. Morgan Stanley lifted their target price on Hudson Pacific Properties to $14.00 and gave the stock an “underweight” rating in a report on Tuesday, December 2nd. Wells Fargo & Company set a $2.60 price target on Hudson Pacific Properties in a research report on Tuesday, November 25th. Mizuho decreased their price target on Hudson Pacific Properties from $21.00 to $15.00 and set a “neutral” rating for the company in a research note on Friday, December 12th. Finally, The Goldman Sachs Group set a $16.50 price objective on Hudson Pacific Properties and gave the stock a “neutral” rating in a research report on Friday. Five investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Hudson Pacific Properties currently has a consensus rating of “Hold” and a consensus target price of $19.02.

About Hudson Pacific Properties

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.