Militia Capital Management LLC Makes New $1.90 Million Investment in Hudson Pacific Properties, Inc. $HPP

Militia Capital Management LLC acquired a new position in shares of Hudson Pacific Properties, Inc. (NYSE:HPP) during the first quarter, Holdings Channel reports. The institutional investor acquired 322,176 shares of the real estate investment trust’s stock, valued at approximately $1,904,000.

Other hedge funds have also modified their holdings of the company. Whitebox Advisors LLC increased its holdings in Hudson Pacific Properties by 1,618.4% during the 1st quarter. Whitebox Advisors LLC now owns 189,080 shares of the real estate investment trust’s stock worth $1,117,000 after purchasing an additional 178,077 shares during the period. Saba Capital Management L.P. boosted its stake in shares of Hudson Pacific Properties by 49.8% in the 1st quarter. Saba Capital Management L.P. now owns 831,868 shares of the real estate investment trust’s stock valued at $4,916,000 after buying an additional 276,459 shares during the period. Inspire Investing LLC boosted its stake in shares of Hudson Pacific Properties by 98.2% in the 1st quarter. Inspire Investing LLC now owns 84,807 shares of the real estate investment trust’s stock valued at $501,000 after buying an additional 42,021 shares during the period. Purpose Unlimited Inc. acquired a new position in shares of Hudson Pacific Properties during the fourth quarter worth about $4,739,000. Finally, Hsbc Holdings PLC acquired a new position in shares of Hudson Pacific Properties during the first quarter worth about $370,000. 97.58% of the stock is currently owned by institutional investors and hedge funds.

Hudson Pacific Properties Trading Down 0.1%

HPP opened at $13.76 on Monday. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.65 and a current ratio of 1.65. Hudson Pacific Properties, Inc. has a one year low of $5.26 and a one year high of $21.70. The company has a market cap of $746.51 million, a P/E ratio of -1.36, a PEG ratio of 1.02 and a beta of 1.90. The business’s 50-day simple moving average is $14.57 and its 200-day simple moving average is $10.25.

Hudson Pacific Properties (NYSE:HPP) last posted its earnings results on Thursday, May 7th. The real estate investment trust reported ($0.82) earnings per share 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 return on equity of 19.05% and a negative net margin of 67.89%.Hudson Pacific Properties has set its FY 2026 guidance at 1.100-1.180 EPS. As a group, equities research analysts expect that Hudson Pacific Properties, Inc. will post 1.14 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on HPP shares. The Goldman Sachs Group restated a “neutral” rating and set a $12.00 target price (up from $7.50) on shares of Hudson Pacific Properties in a research note on Tuesday, May 19th. Citigroup reiterated a “neutral” rating and issued a $13.00 price target (up from $8.00) on shares of Hudson Pacific Properties in a research note on Thursday, May 14th. Morgan Stanley set a $9.00 price target on shares of Hudson Pacific Properties and gave the stock an “underweight” rating in a report on Wednesday, July 22nd. Bank of America reissued an “underperform” rating and issued a $14.00 price objective on shares of Hudson Pacific Properties in a research report on Tuesday, June 16th. Finally, Zacks Research lowered shares of Hudson Pacific Properties from a “strong-buy” rating to a “hold” rating in a report on Friday, July 10th. Three analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $14.32.

Hudson Pacific Properties Company Profile

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.