Hudson Pacific Properties (NYSE:HPP) Sets New 12-Month Low – Here’s Why

Hudson Pacific Properties, Inc. (NYSE:HPP) shares reached a new 52-week low during trading on Thursday . The company traded as low as $9.31 and last traded at $9.48, with a volume of 1324692 shares trading hands. The stock had previously closed at $9.61.

Analyst Upgrades and Downgrades

HPP has been the subject of a number of research analyst reports. Morgan Stanley raised their price target on Hudson Pacific Properties to $14.00 and gave the stock an “underweight” rating in a research note on Tuesday, December 2nd. New Street Research set a $16.80 target price on Hudson Pacific Properties in a research note on Monday, October 13th. Mizuho lowered their target price on shares of Hudson Pacific Properties from $21.00 to $15.00 and set a “neutral” rating for the company in a research note on Friday, December 12th. The Goldman Sachs Group set a $16.50 price target on shares of Hudson Pacific Properties and gave the stock a “neutral” rating in a report on Friday, December 19th. Finally, Wells Fargo & Company set a $2.60 price target on shares of Hudson Pacific Properties in a research note on Tuesday, November 25th. Four equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $16.31.

Hudson Pacific Properties Stock Down 1.4%

The firm has a market cap of $514.10 million, a P/E ratio of -0.56 and a beta of 1.49. The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 1.20. The business has a 50-day moving average price of $12.28 and a 200-day moving average price of $16.43.

Hudson Pacific Properties (NYSE:HPP) last released its quarterly earnings data on Wednesday, November 5th. The real estate investment trust reported $0.04 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.02. Hudson Pacific Properties had a negative return on equity of 16.24% and a negative net margin of 59.61%.The firm 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. On average, equities analysts forecast that Hudson Pacific Properties, Inc. will post 0.45 EPS for the current fiscal year.

Institutional Trading of Hudson Pacific Properties

Several hedge funds and other institutional investors have recently bought and sold shares of HPP. Allspring Global Investments Holdings LLC purchased a new stake in Hudson Pacific Properties during the 2nd quarter worth approximately $729,000. Public Employees Retirement System of Ohio increased its holdings in shares of Hudson Pacific Properties by 133.6% in the second quarter. Public Employees Retirement System of Ohio now owns 500,928 shares of the real estate investment trust’s stock valued at $1,373,000 after purchasing an additional 286,477 shares during the period. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of Hudson Pacific Properties during the second quarter worth about $29,000. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in Hudson Pacific Properties by 147.4% in the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 242,512 shares of the real estate investment trust’s stock valued at $664,000 after buying an additional 144,500 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC acquired a new position in Hudson Pacific Properties in the 2nd quarter worth approximately $48,000. Institutional investors own 97.58% of the company’s stock.

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.