UBS Group AG Decreases Stake in Hudson Pacific Properties, Inc. $HPP

UBS Group AG lowered its stake in Hudson Pacific Properties, Inc. (NYSE:HPP) by 88.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 642,363 shares of the real estate investment trust’s stock after selling 4,975,334 shares during the quarter. UBS Group AG owned about 1.18% of Hudson Pacific Properties worth $6,957,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the business. Evergreen Capital Management LLC bought a new position in Hudson Pacific Properties during the 2nd quarter worth approximately $28,000. Orion Porfolio Solutions LLC acquired a new stake in Hudson Pacific Properties in the 3rd quarter valued at approximately $28,000. United Capital Financial Advisors LLC acquired a new position in shares of Hudson Pacific Properties during the 3rd quarter valued at $30,000. Integrated Wealth Concepts LLC acquired a new position in shares of Hudson Pacific Properties in the 3rd quarter worth $32,000. Finally, Cullen Capital Management LLC acquired a new position in shares of Hudson Pacific Properties in the 3rd quarter worth $33,000. Institutional investors and hedge funds own 97.58% of the company’s stock.

Hudson Pacific Properties Trading Down 1.1%

Shares of HPP stock opened at $10.68 on Wednesday. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 1.28. The stock has a market cap of $579.50 million, a P/E ratio of -1.06, a price-to-earnings-growth ratio of 0.81 and a beta of 1.86. The stock has a 50 day simple moving average of $7.70 and a 200 day simple moving average of $9.77. Hudson Pacific Properties, Inc. has a 1 year low of $5.26 and a 1 year high of $21.70.

Hudson Pacific Properties (NYSE:HPP) last released its earnings results on Thursday, May 7th. The real estate investment trust reported ($0.82) earnings per share for the quarter, topping the consensus estimate of ($0.92) by $0.10. The firm had revenue of $181.85 million during the quarter, compared to analysts’ expectations of $175.12 million. Hudson Pacific Properties had a negative return on equity of 19.05% and a negative net margin of 67.89%.Hudson Pacific Properties has set its FY 2026 guidance at 1.100-1.180 EPS. On average, research analysts predict that Hudson Pacific Properties, Inc. will post 1.13 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms recently issued reports on HPP. BMO Capital Markets reissued a “market perform” rating on shares of Hudson Pacific Properties in a research report on Thursday, February 26th. BTIG Research reiterated a “buy” rating and issued a $26.00 price objective on shares of Hudson Pacific Properties in a research note on Wednesday, May 6th. The Goldman Sachs Group restated a “neutral” rating and set a $12.00 price target (up from $7.50) on shares of Hudson Pacific Properties in a research note on Tuesday. Wall Street Zen downgraded Hudson Pacific Properties from a “hold” rating to a “sell” rating in a report on Saturday. Finally, Jefferies Financial Group set a $8.00 price target on Hudson Pacific Properties and gave the company a “hold” rating in a report on Friday, March 6th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $14.32.

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.