Militia Capital Partners LP Buys New Position in Hudson Pacific Properties, Inc. $HPP

Militia Capital Partners LP bought a new position in shares of Hudson Pacific Properties, Inc. (NYSE:HPP) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 153,100 shares of the real estate investment trust’s stock, valued at approximately $423,000.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Advisors Asset Management Inc. acquired a new stake in Hudson Pacific Properties during the third quarter valued at approximately $584,000. Kettle Hill Capital Management LLC grew its position in Hudson Pacific Properties by 436.7% in the third quarter. Kettle Hill Capital Management LLC now owns 4,558,816 shares of the real estate investment trust’s stock worth $12,582,000 after buying an additional 3,709,391 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Hudson Pacific Properties by 14.3% in the third quarter. Vanguard Group Inc. now owns 38,453,976 shares of the real estate investment trust’s stock valued at $106,133,000 after buying an additional 4,815,234 shares in the last quarter. Oasis Management Co Ltd. bought a new position in shares of Hudson Pacific Properties in the third quarter valued at $1,049,000. Finally, JPMorgan Chase & Co. lifted its position in shares of Hudson Pacific Properties by 38.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,320,823 shares of the real estate investment trust’s stock valued at $11,925,000 after acquiring an additional 1,192,974 shares during the last quarter. 97.58% of the stock is currently owned by institutional investors and hedge funds.

Hudson Pacific Properties Stock Performance

Shares of HPP opened at $6.33 on Tuesday. The firm has a market cap of $343.45 million, a price-to-earnings ratio of -0.49, a price-to-earnings-growth ratio of 0.79 and a beta of 1.50. The company’s fifty day moving average is $7.96 and its 200-day moving average is $13.23. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 1.25. Hudson Pacific Properties, Inc. has a 12 month low of $5.55 and a 12 month high of $22.89.

Hudson Pacific Properties (NYSE:HPP) last released its quarterly earnings data on Thursday, February 26th. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.01. The business had revenue of $256.03 million during the quarter, compared to analyst estimates of $168.02 million. Hudson Pacific Properties had a negative net margin of 69.12% and a negative return on equity of 19.89%. Hudson Pacific Properties has set its FY 2026 guidance at 0.960-1.060 EPS. Equities analysts expect that Hudson Pacific Properties, Inc. will post 0.45 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently weighed in on HPP shares. Mizuho decreased their price target on Hudson Pacific Properties from $21.00 to $15.00 and set a “neutral” rating for the company in a research report on Friday, December 12th. BMO Capital Markets reaffirmed a “market perform” rating on shares of Hudson Pacific Properties in a research note on Thursday, February 26th. Piper Sandler set a $10.00 target price on shares of Hudson Pacific Properties in a report on Tuesday, January 27th. Wall Street Zen raised shares of Hudson Pacific Properties from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Finally, Citigroup boosted their price target on shares of Hudson Pacific Properties from $7.00 to $8.00 and gave the company a “neutral” rating in a report on Monday, March 2nd. Four analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $13.74.

Hudson Pacific Properties 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.