Hudson Pacific Properties, Inc. (NYSE:HPP) Stock Has Average Target Price of $15.82

Shares of Hudson Pacific Properties, Inc. (NYSE:HPP) have been assigned a consensus rating of “Hold” from the thirteen analysts that are presently covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $15.82.

Several analysts recently issued reports on the company. Weiss Ratings reissued a “sell (d)” rating on shares of Hudson Pacific Properties in a report on Wednesday, August 26th. The Goldman Sachs Group restated a “neutral” rating and set a $16.00 price objective on shares of Hudson Pacific Properties in a research note on Monday, August 10th. Cantor Fitzgerald increased their target price on Hudson Pacific Properties from $14.00 to $17.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. Morgan Stanley set a $9.00 target price on Hudson Pacific Properties and gave the company an “underweight” rating in a research note on Wednesday, July 22nd. Finally, Wells Fargo & Company reissued an “overweight” rating and set a $17.00 price target (up from $14.00) on shares of Hudson Pacific Properties in a report on Tuesday, September 1st.

Hudson Pacific Properties Trading Up 0.4%

NYSE HPP opened at $11.73 on Friday. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.11 and a current ratio of 1.11. Hudson Pacific Properties has a one year low of $5.26 and a one year high of $20.06. The company has a 50-day simple moving average of $13.47 and a 200-day simple moving average of $11.69. The firm has a market capitalization of $636.86 million, a PE ratio of -1.33, a price-to-earnings-growth ratio of 1.12 and a beta of 1.89.

Hudson Pacific Properties (NYSE:HPP) last released its quarterly earnings data on Wednesday, August 5th. The real estate investment trust reported ($1.62) earnings per share for the quarter, missing the consensus estimate of ($0.72) by ($0.90). Hudson Pacific Properties had a negative return on equity of 20.76% and a negative net margin of 70.04%.The business had revenue of $188.30 million for the quarter, compared to analyst estimates of $181.80 million. Hudson Pacific Properties has set its FY 2026 guidance at 1.120-1.200 EPS. On average, equities analysts forecast that Hudson Pacific Properties will post 1.12 earnings per share for the current year.

Insider Buying and Selling at Hudson Pacific Properties

In other news, Director Jon Bortz acquired 25,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The shares were purchased at an average cost of $13.40 per share, for a total transaction of $335,000.00. Following the transaction, the director directly owned 35,394 shares in the company, valued at $474,279.60. This trade represents a 240.52% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 2.47% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. BlackRock Inc. bought a new stake in shares of Hudson Pacific Properties during the second quarter valued at approximately $102,830,000. Valueworks LLC bought a new position in Hudson Pacific Properties in the 2nd quarter worth approximately $25,667,000. Wellington Management Group LLP bought a new position in Hudson Pacific Properties in the 2nd quarter worth approximately $23,325,000. Saba Capital Management L.P. increased its position in 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 acquiring an additional 276,459 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in Hudson Pacific Properties by 14.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 705,984 shares of the real estate investment trust’s stock valued at $4,172,000 after acquiring an additional 89,787 shares during the period. Institutional investors own 97.58% of the company’s stock.

Hudson Pacific Properties Company Profile

Hudson Pacific Properties, Inc (NYSE:HPP) is a real estate investment trust that owns, operates and develops office and studio properties. The company focuses on properties serving technology, media and entertainment tenants, with offerings that include creative office space, soundstages, production facilities and related studio infrastructure.

Hudson Pacific’s portfolio is concentrated in major markets along the West Coast of the United States and in Vancouver, British Columbia. Its studio operations are conducted under the Sunset Studios brand and support film and television production through soundstages, production offices and other specialized facilities.