Hudson Pacific Properties (NYSE:HPP) Sets New 52-Week Low – Here’s What Happened

Hudson Pacific Properties, Inc. (NYSE:HPP) shares reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $9.76 and last traded at $9.8870, with a volume of 136235 shares. The stock had previously closed at $10.08.

Analysts Set New Price Targets

A number of equities analysts have weighed in on HPP shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Hudson Pacific Properties in a research note on Monday, December 29th. Wells Fargo & Company set a $2.60 price objective on Hudson Pacific Properties in a report on Tuesday, November 25th. Jefferies Financial Group reduced their target price on Hudson Pacific Properties from $17.50 to $16.80 and set a “hold” rating on the stock in a report on Monday, October 13th. Citigroup lowered their price target on Hudson Pacific Properties from $20.30 to $13.30 and set a “neutral” rating for the company in a research report on Monday, November 24th. Finally, Piper Sandler restated a “neutral” rating and set a $11.00 price target on shares of Hudson Pacific Properties in a research note on Monday. Four equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Hudson Pacific Properties has an average rating of “Hold” and a consensus price target of $16.31.

Hudson Pacific Properties Trading Down 4.1%

The firm has a market cap of $524.24 million, a price-to-earnings ratio of -0.57 and a beta of 1.49. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 1.20. The business has a 50 day moving average price of $12.83 and a 200-day moving average price of $16.69.

Hudson Pacific Properties (NYSE:HPP) last released 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 16.24% and a negative net margin of 59.61%.The firm had revenue of $186.62 million during the quarter, compared to analysts’ expectations of $186.05 million. Hudson Pacific Properties has set its Q4 2025 guidance at 0.010-0.050 EPS. As a group, research analysts expect that Hudson Pacific Properties, Inc. will post 0.45 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Abel Hall LLC purchased a new stake in Hudson Pacific Properties during the 2nd quarter worth approximately $28,000. Evergreen Capital Management LLC acquired a new stake in shares of Hudson Pacific Properties during the second quarter worth approximately $28,000. Orion Porfolio Solutions LLC bought a new stake in shares of Hudson Pacific Properties in the third quarter worth $28,000. Ethic Inc. acquired a new stake in Hudson Pacific Properties in the third quarter valued at $28,000. Finally, Envestnet Portfolio Solutions Inc. acquired a new stake in Hudson Pacific Properties in the second quarter valued at $29,000. Hedge funds and other institutional investors own 97.58% of the company’s stock.

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.