Analysts Set Hudson Pacific Properties, Inc. (NYSE:HPP) Price Target at $14.11

Hudson Pacific Properties, Inc. (NYSE:HPP) has been given an average recommendation of “Hold” by the fourteen ratings firms that are presently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, seven have issued a hold rating, four have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $14.1083.

Several analysts recently weighed in on HPP shares. Zacks Research raised Hudson Pacific Properties from a “hold” rating to a “strong-buy” rating in a report on Friday, April 3rd. Jefferies Financial Group set a $8.00 target price on Hudson Pacific Properties and gave the company a “hold” rating in a research report on Friday, March 6th. Wall Street Zen upgraded Hudson Pacific Properties from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. BTIG Research set a $26.00 target price on Hudson Pacific Properties and gave the company a “buy” rating in a research report on Friday, January 2nd. Finally, BMO Capital Markets reiterated a “market perform” rating on shares of Hudson Pacific Properties in a research report on Thursday, February 26th.

Hudson Pacific Properties Stock Performance

NYSE:HPP opened at $8.28 on Tuesday. The stock has a market cap of $448.84 million, a P/E ratio of -0.64, a PEG ratio of 0.85 and a beta of 1.51. The stock has a 50 day simple moving average of $6.53 and a 200 day simple moving average of $10.64. The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 1.25. Hudson Pacific Properties has a 1-year low of $5.26 and a 1-year high of $21.70.

Hudson Pacific Properties (NYSE:HPP) last released its quarterly earnings results on Thursday, February 26th. The real estate investment trust reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.01. The business had revenue of $256.03 million during the quarter, compared to analysts’ expectations of $168.02 million. Hudson Pacific Properties had a negative return on equity of 19.89% and a negative net margin of 69.12%.Hudson Pacific Properties has set its FY 2026 guidance at 0.960-1.060 EPS. Research analysts anticipate that Hudson Pacific Properties will post 1 earnings per share for the current year.

Institutional Trading of Hudson Pacific Properties

A number of institutional investors have recently modified their holdings of HPP. AQR Capital Management LLC lifted its position in shares of Hudson Pacific Properties by 140.3% during the 1st quarter. AQR Capital Management LLC now owns 348,203 shares of the real estate investment trust’s stock valued at $1,027,000 after acquiring an additional 203,283 shares during the period. Caxton Associates LLP bought a new stake in shares of Hudson Pacific Properties during the 1st quarter valued at $82,000. Strs Ohio bought a new stake in shares of Hudson Pacific Properties during the 1st quarter valued at $73,000. Creative Planning lifted its position in shares of Hudson Pacific Properties by 25.8% during the 2nd quarter. Creative Planning now owns 46,095 shares of the real estate investment trust’s stock valued at $126,000 after acquiring an additional 9,467 shares during the period. Finally, Cetera Investment Advisers bought a new stake in shares of Hudson Pacific Properties during the 2nd quarter valued at $62,000. 97.58% of the stock is currently owned by institutional investors.

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.