Hudson Pacific Properties (NYSE:HPP) Price Target Cut to $2.60 by Analysts at Wells Fargo & Company

Hudson Pacific Properties (NYSE:HPP) had its price target reduced by equities researchers at Wells Fargo & Company from $3.10 to $2.60 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage currently has an “overweight” rating on the real estate investment trust’s stock. Wells Fargo & Company‘s price objective indicates a potential upside of 37.93% from the stock’s current price.

HPP has been the subject of a number of other reports. New Street Research set a $2.40 target price on shares of Hudson Pacific Properties in a research note on Monday, October 13th. Citigroup cut their price target on shares of Hudson Pacific Properties from $2.90 to $1.90 and set a “neutral” rating on the stock in a report on Monday. Cantor Fitzgerald reduced their price objective on shares of Hudson Pacific Properties from $3.50 to $3.00 and set an “overweight” rating for the company in a research note on Thursday, November 6th. Piper Sandler lowered their target price on shares of Hudson Pacific Properties from $3.00 to $2.50 and set a “neutral” rating on the stock in a research report on Monday, November 10th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Hudson Pacific Properties in a report on Monday, November 17th. Five research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Hudson Pacific Properties currently has a consensus rating of “Hold” and a consensus target price of $2.97.

Hudson Pacific Properties Stock Up 5.9%

HPP traded up $0.11 during trading on Tuesday, reaching $1.89. 2,691,739 shares of the stock traded hands, compared to its average volume of 5,265,810. The stock’s 50-day simple moving average is $2.45 and its two-hundred day simple moving average is $2.51. The company has a debt-to-equity ratio of 1.17, a current ratio of 2.18 and a quick ratio of 2.18. Hudson Pacific Properties has a fifty-two week low of $1.67 and a fifty-two week high of $3.96. The stock has a market cap of $715.35 million, a price-to-earnings ratio of -0.67 and a beta of 1.62.

Hudson Pacific Properties shares are scheduled to reverse split on the morning of Monday, December 1st. The 1-7 reverse split was announced on Monday, November 17th. The number of shares owned by shareholders will be adjusted after the closing bell on Friday, November 28th.

Hudson Pacific Properties (NYSE:HPP) last posted its quarterly earnings results on Wednesday, November 5th. The real estate investment trust reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.02 by $0.02. Hudson Pacific Properties had a negative return on equity of 15.10% and a negative net margin of 53.76%.The company had revenue of $186.62 million during the quarter, compared to the consensus estimate 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 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Abel Hall LLC bought a new position in Hudson Pacific Properties in the 2nd quarter worth $28,000. Ethic Inc. acquired a new stake in shares of Hudson Pacific Properties in the third quarter valued at about $28,000. Evergreen Capital Management LLC bought a new position in shares of Hudson Pacific Properties in the second quarter worth about $28,000. Orion Porfolio Solutions LLC bought a new position in shares of Hudson Pacific Properties in the third quarter worth about $28,000. Finally, US Bancorp DE lifted its position in shares of Hudson Pacific Properties by 1,053.7% during the 1st quarter. US Bancorp DE now owns 9,772 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 8,925 shares during the last quarter. 97.58% of the stock is currently owned by institutional investors and hedge funds.

Hudson Pacific Properties Company Profile

Hudson Pacific Properties (NYSE: HPP) is a real estate investment trust serving dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries. Hudson Pacific's unique and high-barrier tech and media focus leverages a full-service, end-to-end value creation platform forged through deep strategic relationships and niche expertise across identifying, acquiring, transforming and developing properties into world-class amenitized, collaborative and sustainable office and studio space.