Hudson Pacific Properties’ (HPP) Buy Rating Reiterated at BTIG Research

BTIG Research restated their buy rating on shares of Hudson Pacific Properties (NYSE:HPPFree Report) in a report released on Wednesday morning,Benzinga reports. BTIG Research currently has a $26.00 price objective on the real estate investment trust’s stock.

Other analysts have also recently issued reports about the company. Piper Sandler cut their price target on Hudson Pacific Properties from $8.00 to $6.50 and set a “neutral” rating on the stock in a research note on Wednesday, April 1st. BMO Capital Markets reaffirmed a “market perform” rating on shares of Hudson Pacific Properties in a report on Thursday, February 26th. Jefferies Financial Group set a $8.00 price objective on Hudson Pacific Properties and gave the stock a “hold” rating in a report on Friday, March 6th. Wells Fargo & Company reduced their target price on Hudson Pacific Properties from $18.20 to $13.50 and set an “overweight” rating on the stock in a research report on Thursday, April 2nd. Finally, Zacks Research raised Hudson Pacific Properties from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 3rd. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $14.11.

Read Our Latest Report on HPP

Hudson Pacific Properties Price Performance

Shares of HPP stock opened at $10.94 on Wednesday. Hudson Pacific Properties has a one year low of $5.26 and a one year high of $21.70. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.65 and a quick ratio of 1.78. The company has a market capitalization of $593.55 million, a P/E ratio of -1.08, a P/E/G ratio of 1.22 and a beta of 1.86. The company’s 50-day simple moving average is $7.06 and its two-hundred day simple moving average is $10.14.

Hudson Pacific Properties (NYSE:HPPGet Free Report) last issued its earnings results on Thursday, May 7th. The real estate investment trust reported ($0.82) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.92) by $0.10. The firm had revenue of $181.85 million during the quarter, compared to analysts’ expectations of $175.12 million. Hudson Pacific Properties had a negative net margin of 67.89% and a negative return on equity of 19.05%. Hudson Pacific Properties has set its FY 2026 guidance at 1.100-1.180 EPS. As a group, equities analysts anticipate that Hudson Pacific Properties will post 1 EPS for the current year.

Hedge Funds Weigh In On Hudson Pacific Properties

Institutional investors have recently bought and sold shares of the business. Pensionfund Sabic bought a new position in shares of Hudson Pacific Properties during the fourth quarter worth approximately $59,000. Evergreen Capital Management LLC acquired a new stake in Hudson Pacific Properties during the 2nd quarter valued at approximately $28,000. Orion Porfolio Solutions LLC acquired a new position in shares of Hudson Pacific Properties in the 3rd quarter valued at about $28,000. Ethic Inc. bought a new stake in shares of Hudson Pacific Properties in the 3rd quarter valued at $28,000. Finally, United Capital Financial Advisors LLC bought a new position in shares of Hudson Pacific Properties during the 3rd quarter worth about $30,000. Institutional investors and hedge funds own 97.58% of the company’s stock.

Hudson Pacific Properties News Summary

Here are the key news stories impacting Hudson Pacific Properties this week:

Hudson Pacific Properties Company Profile

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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.

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