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

Shares of Hudson Pacific Properties, Inc. (NYSE:HPP) reached a new 52-week low on Tuesday . The company traded as low as $11.47 and last traded at $11.5250, with a volume of 463940 shares changing hands. The stock had previously closed at $12.06.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. Wells Fargo & Company set a $2.60 price target on shares of Hudson Pacific Properties in a research report on Tuesday, November 25th. Jefferies Financial Group reduced their target price on shares of Hudson Pacific Properties from $17.50 to $16.80 and set a “hold” rating on the stock in a report on Monday, October 13th. Morgan Stanley upped their target price on shares of Hudson Pacific Properties to $14.00 and gave the company an “underweight” rating in a research report on Tuesday, December 2nd. Citigroup dropped 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, New Street Research set a $16.80 price objective on Hudson Pacific Properties in a research report on Monday, October 13th. Five investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $19.23.

Hudson Pacific Properties Stock Performance

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 $15.53 and a 200 day moving average price of $17.41. The stock has a market cap of $619.04 million, a P/E ratio of -0.67 and a beta of 1.45.

Hudson Pacific Properties (NYSE:HPP) last posted its quarterly earnings data on Wednesday, November 5th. The real estate investment trust reported $0.04 earnings per share (EPS) for the quarter, beating 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 company 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, sell-side analysts expect that Hudson Pacific Properties, Inc. will post 0.45 EPS for the current year.

Institutional Investors Weigh In On Hudson Pacific Properties

Large investors have recently added to or reduced their stakes in the stock. Abel Hall LLC bought a new position in Hudson Pacific Properties in the 2nd quarter worth about $28,000. Ethic Inc. purchased a new stake in shares of Hudson Pacific Properties in the third quarter valued at approximately $28,000. Evergreen Capital Management LLC bought a new position in Hudson Pacific Properties in the second quarter worth approximately $28,000. Orion Porfolio Solutions LLC purchased a new position in Hudson Pacific Properties during the 3rd quarter worth $28,000. Finally, US Bancorp DE raised its position in 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 valued at $29,000 after purchasing an additional 8,925 shares in the last quarter. 97.58% of the stock is owned by hedge funds and other institutional investors.

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.