Barclays PLC Has $1.40 Million Stock Position in Hudson Pacific Properties, Inc. (NYSE:HPP)

Barclays PLC grew its stake in shares of Hudson Pacific Properties, Inc. (NYSE:HPP - Free Report) by 88.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 460,764 shares of the real estate investment trust's stock after acquiring an additional 216,542 shares during the period. Barclays PLC owned 0.33% of Hudson Pacific Properties worth $1,397,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of HPP. Xponance Inc. bought a new position in shares of Hudson Pacific Properties during the fourth quarter worth approximately $30,000. Opinicus Capital Inc. acquired a new position in Hudson Pacific Properties in the 4th quarter valued at $32,000. Cibc World Markets Corp bought a new position in Hudson Pacific Properties during the 4th quarter worth $39,000. Mutual Advisors LLC acquired a new stake in shares of Hudson Pacific Properties during the fourth quarter worth $44,000. Finally, Sanctuary Advisors LLC bought a new stake in shares of Hudson Pacific Properties in the fourth quarter valued at about $45,000. 97.58% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

HPP has been the topic of a number of recent research reports. BMO Capital Markets raised shares of Hudson Pacific Properties from a "market perform" rating to an "outperform" rating and raised their price target for the stock from $4.00 to $5.00 in a research report on Friday, March 28th. Scotiabank cut their price target on Hudson Pacific Properties from $4.00 to $3.00 and set a "sector perform" rating for the company in a research note on Tuesday, February 18th. Wells Fargo & Company raised Hudson Pacific Properties from an "equal weight" rating to an "overweight" rating and set a $4.00 price target on the stock in a research report on Monday, March 10th. Jefferies Financial Group initiated coverage on Hudson Pacific Properties in a report on Monday, March 17th. They issued a "hold" rating and a $2.70 price objective for the company. Finally, Morgan Stanley restated an "underweight" rating and issued a $1.75 price target on shares of Hudson Pacific Properties in a research report on Tuesday, April 15th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $3.14.

Hudson Pacific Properties Price Performance

Shares of HPP stock opened at $2.24 on Friday. The business has a fifty day simple moving average of $2.63 and a 200 day simple moving average of $3.15. The company has a market cap of $316.72 million, a P/E ratio of -0.87 and a beta of 1.30. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 1.47. Hudson Pacific Properties, Inc. has a twelve month low of $1.88 and a twelve month high of $6.29.

Hudson Pacific Properties (NYSE:HPP - Get Free Report) last posted its earnings results on Thursday, February 20th. The real estate investment trust reported $0.11 EPS for the quarter, topping analysts' consensus estimates of $0.10 by $0.01. The firm had revenue of $209.67 million during the quarter, compared to analysts' expectations of $207.95 million. Hudson Pacific Properties had a negative net margin of 44.01% and a negative return on equity of 12.64%. On average, sell-side analysts forecast that Hudson Pacific Properties, Inc. will post 0.45 EPS for the current fiscal year.

Hudson Pacific Properties 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.

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