Hudson Pacific Properties (NYSE:HPP) Given New $17.00 Price Target at Cantor Fitzgerald

Hudson Pacific Properties (NYSE:HPP) had its target price lifted by equities research analysts at Cantor Fitzgerald from $14.00 to $17.00 in a research note issued to investors on Friday,Benzinga reports. The firm currently has an “overweight” rating on the real estate investment trust’s stock. Cantor Fitzgerald’s price target indicates a potential upside of 25.90% from the stock’s current price.

Other equities analysts have also issued research reports about the company. Morgan Stanley set a $9.00 price objective on Hudson Pacific Properties and gave the stock an “underweight” rating in a research note on Wednesday, July 22nd. Weiss Ratings reiterated a “sell (d)” rating on shares of Hudson Pacific Properties in a research report on Friday, May 29th. Wells Fargo & Company increased their target price on Hudson Pacific Properties from $13.50 to $14.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. Wall Street Zen upgraded Hudson Pacific Properties from a “sell” rating to a “hold” rating in a research report on Sunday, July 12th. Finally, Piper Sandler raised Hudson Pacific Properties from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $16.00 to $18.00 in a research note on Thursday. Four analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, Hudson Pacific Properties has a consensus rating of “Hold” and an average price target of $15.07.

Hudson Pacific Properties Stock Performance

NYSE HPP opened at $13.50 on Friday. The firm has a 50-day moving average price of $14.76 and a two-hundred day moving average price of $10.38. Hudson Pacific Properties has a 12-month low of $5.26 and a 12-month high of $21.70. The company has a market capitalization of $732.40 million, a P/E ratio of -1.53, a P/E/G ratio of 1.11 and a beta of 1.90. The company has a quick ratio of 1.65, a current ratio of 1.11 and a debt-to-equity ratio of 1.33.

Hudson Pacific Properties (NYSE:HPP) last announced its earnings results on Wednesday, August 5th. The real estate investment trust reported ($1.62) EPS for the quarter, missing the consensus estimate of ($0.72) by ($0.90). Hudson Pacific Properties had a negative return on equity of 20.76% and a negative net margin of 70.04%.The business had revenue of $188.30 million for the quarter, compared to the consensus estimate of $181.80 million. Hudson Pacific Properties has set its FY 2026 guidance at 1.120-1.200 EPS. Analysts anticipate that Hudson Pacific Properties will post 1.14 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Hudson Pacific Properties in the 2nd quarter valued at $718,000. Bank of New York Mellon Corp bought a new position in shares of Hudson Pacific Properties in the 2nd quarter valued at $3,660,000. Focus Partners Advisor Solutions LLC acquired a new position in shares of Hudson Pacific Properties during the 2nd quarter worth $189,000. Allied Private Wealth LLC acquired a new position in shares of Hudson Pacific Properties during the 2nd quarter worth $33,000. Finally, Militia Capital Management LLC bought a new stake in shares of Hudson Pacific Properties during the 1st quarter worth $1,904,000. 97.58% of the stock is currently owned by institutional investors and hedge funds.

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.