Hudson Pacific Properties, Inc. $HPP Stake Reduced by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. cut its holdings in Hudson Pacific Properties, Inc. (NYSE:HPP) by 87.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 16,167 shares of the real estate investment trust’s stock after selling 116,774 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Hudson Pacific Properties were worth $175,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of HPP. AQR Capital Management LLC raised its position in Hudson Pacific Properties by 140.3% in the first quarter. AQR Capital Management LLC now owns 348,203 shares of the real estate investment trust’s stock worth $1,027,000 after acquiring an additional 203,283 shares in the last quarter. Caxton Associates LLP acquired a new stake in Hudson Pacific Properties during the 1st quarter worth about $82,000. Strs Ohio acquired a new stake in Hudson Pacific Properties during the 1st quarter worth about $73,000. Creative Planning raised its holdings in Hudson Pacific Properties by 25.8% during the 2nd quarter. Creative Planning now owns 46,095 shares of the real estate investment trust’s stock worth $126,000 after buying an additional 9,467 shares during the period. Finally, Cetera Investment Advisers purchased a new position in Hudson Pacific Properties during the 2nd quarter valued at about $62,000. 97.58% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Jefferies Financial Group set a $8.00 target price on Hudson Pacific Properties and gave the company a “hold” rating in a report on Friday, March 6th. BMO Capital Markets reissued a “market perform” rating on shares of Hudson Pacific Properties in a research note on Thursday, February 26th. Morgan Stanley lowered their price target on Hudson Pacific Properties from $8.00 to $5.00 and set an “underweight” rating for the company in a research note on Tuesday, March 31st. Citigroup boosted their price target on Hudson Pacific Properties from $7.00 to $8.00 and gave the company a “neutral” rating in a research note on Monday, March 2nd. Finally, Piper Sandler decreased their target price on Hudson Pacific Properties from $8.00 to $6.50 and set a “neutral” rating for the company in a research report on Wednesday, April 1st. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Hudson Pacific Properties has an average rating of “Hold” and a consensus target price of $14.11.

Hudson Pacific Properties Stock Down 7.0%

HPP opened at $10.94 on Friday. Hudson Pacific Properties, Inc. has a 1-year low of $5.26 and a 1-year high of $21.70. The company has a current ratio of 1.65, a quick ratio of 1.78 and a debt-to-equity ratio of 1.28. The stock has a market capitalization of $593.55 million, a price-to-earnings ratio of -1.08, a P/E/G ratio of 1.22 and a beta of 1.86. The business has a 50 day moving average of $7.06 and a 200-day moving average of $10.14.

Hudson Pacific Properties (NYSE:HPP) last posted its quarterly earnings data on Thursday, May 7th. The real estate investment trust reported ($0.82) earnings per share for the quarter, beating the consensus estimate of ($0.92) by $0.10. The company 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. As a group, sell-side analysts anticipate that Hudson Pacific Properties, Inc. will post 1 earnings per share for the current year.

More Hudson Pacific Properties News

Here are the key news stories impacting Hudson Pacific Properties this week:

• Positive Sentiment: Hudson Pacific reported first-quarter results that beat expectations, with FFO of $0.25 per share versus $0.18 expected and revenue of $181.85 million versus $175.12 million estimated, supporting the view that operations are improving. Hudson Pacific Properties (HPP) Beats Q1 FFO Estimates
• Positive Sentiment: The company raised its 2026 core FFO outlook to $1.10-$1.18 per share, above the prior consensus, and said it is targeting about $200 million in FFO-accretive dispositions, which could help strengthen the portfolio and support cash flow. Hudson Pacific projects 2026 core FFO of $1.10-$1.18 per share while targeting ~$200M of FFO-accretive dispositions
• Positive Sentiment: Several earnings-call summaries highlighted a turnaround story, with management pointing to better leasing trends and an improved outlook, which may be helping investor sentiment. Hudson Pacific Properties Lifts Outlook Amid Turnaround
• Positive Sentiment: BTIG Research reportedly reiterated a Buy rating, adding support for the stock after the results. Hudson Pacific Properties (NYSE:HPP) Receives “Buy” Rating from BTIG Research
• Neutral Sentiment: An article comparing Hudson Pacific with Service Properties Trust is not likely to be a major near-term driver by itself. Hudson Pacific Properties (NYSE:HPP) and Service Properties Trust (NASDAQ:SVC) Head-To-Head Analysis
• Negative Sentiment: Bisnow reported that while office leasing is improving, a major loan maturity is approaching, keeping refinancing and leverage concerns in focus for investors. Hudson Pacific Office Leasing Looking Up, But Big Loan Maturity Looms

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.