Capstone Investment Advisors LLC bought a new stake in Hudson Pacific Properties, Inc. (NYSE:HPP - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 175,146 shares of the real estate investment trust's stock, valued at approximately $531,000. Capstone Investment Advisors LLC owned approximately 0.12% of Hudson Pacific Properties as of its most recent filing with the SEC.
Several other large investors have also made changes to their positions in the company. GeoWealth Management LLC acquired a new position in Hudson Pacific Properties in the fourth quarter valued at about $27,000. Xponance Inc. acquired a new position in shares of Hudson Pacific Properties in the 4th quarter worth approximately $30,000. Opinicus Capital Inc. bought a new stake in Hudson Pacific Properties during the 4th quarter worth approximately $32,000. Cibc World Markets Corp acquired a new stake in Hudson Pacific Properties during the 4th quarter valued at $39,000. Finally, Boothbay Fund Management LLC bought a new position in Hudson Pacific Properties in the 4th quarter valued at $40,000. Institutional investors own 97.58% of the company's stock.
Wall Street Analyst Weigh In
A number of research analysts recently issued reports on the company. BMO Capital Markets raised Hudson Pacific Properties from a "market perform" rating to an "outperform" rating and lifted their price target for the company from $4.00 to $5.00 in a report on Friday, March 28th. Scotiabank reduced their target price on shares of Hudson Pacific Properties from $4.00 to $3.00 and set a "sector perform" rating on the stock in a research report on Tuesday, February 18th. The Goldman Sachs Group lowered their price target on shares of Hudson Pacific Properties from $3.40 to $2.30 and set a "neutral" rating for the company in a report on Tuesday, April 22nd. Wedbush reaffirmed a "neutral" rating on shares of Hudson Pacific Properties in a report on Monday, May 5th. Finally, Piper Sandler lowered their target price on Hudson Pacific Properties from $3.50 to $2.50 and set a "neutral" rating for the company in a research note on Tuesday, April 15th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $3.63.
View Our Latest Analysis on Hudson Pacific Properties
Hudson Pacific Properties Trading Up 1.3 %
NYSE:HPP traded up $0.03 during trading hours on Friday, hitting $2.30. The stock had a trading volume of 1,290,889 shares, compared to its average volume of 2,858,798. The business's 50 day moving average is $2.54 and its 200-day moving average is $3.06. The company has a debt-to-equity ratio of 1.47, a quick ratio of 1.26 and a current ratio of 1.26. The company has a market cap of $325.20 million, a price-to-earnings ratio of -0.89 and a beta of 1.48. Hudson Pacific Properties, Inc. has a one year low of $1.88 and a one year high of $6.29.
Hudson Pacific Properties (NYSE:HPP - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The real estate investment trust reported $0.09 EPS for the quarter, hitting the consensus estimate of $0.09. Hudson Pacific Properties had a negative return on equity of 12.64% and a negative net margin of 44.01%. The business had revenue of $198.46 million for the quarter, compared to the consensus estimate of $199.95 million. Sell-side analysts anticipate that Hudson Pacific Properties, Inc. will post 0.45 EPS for the current fiscal year.
About Hudson Pacific Properties
(
Free Report)
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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