Freestone Capital Holdings LLC Sells 652,495 Shares of Hudson Pacific Properties, Inc. $HPP

Key Points

• Freestone Capital Holdings LLC cut its stake in Hudson Pacific Properties by 85.3%, selling 652,495 shares in Q4 and leaving 112,252 shares (about 0.21% of the company) worth roughly $1.22 million.
• Hudson Pacific stock recently traded around $6.16 (market cap ~$334M) with a 52‑week range of $5.26–$21.70; it reported Q4 EPS of $0.21 (vs. $0.20 est.) on $256M revenue but still shows negative ROE and a negative net margin.
• Analyst sentiment is mixed but skews neutral — the consensus is a Hold with an average target of $14.11, though several firms have lowered targets and ratings (e.g., Morgan Stanley to $5).

Freestone Capital Holdings LLC cut its position in shares of Hudson Pacific Properties, Inc. (NYSE:HPP - Free Report) by 85.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 112,252 shares of the real estate investment trust's stock after selling 652,495 shares during the period. Freestone Capital Holdings LLC owned about 0.21% of Hudson Pacific Properties worth $1,216,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of HPP. Ethic Inc. bought a new stake in Hudson Pacific Properties in the third quarter valued at $28,000. Evergreen Capital Management LLC bought a new stake in Hudson Pacific Properties in the second quarter valued at $28,000. Orion Porfolio Solutions LLC bought a new stake in Hudson Pacific Properties in the third quarter valued at $28,000. Discipline Wealth Solutions LLC bought a new stake in Hudson Pacific Properties in the third quarter valued at $30,000. Finally, United Capital Financial Advisors LLC bought a new stake in Hudson Pacific Properties in the third quarter valued at $30,000. 97.58% of the stock is currently owned by institutional investors.

Hudson Pacific Properties Price Performance

Hudson Pacific Properties stock opened at $6.16 on Wednesday. The company has a debt-to-equity ratio of 1.25, a quick ratio of 1.78 and a current ratio of 1.78. The firm has a market cap of $334.12 million, a P/E ratio of -0.47, a P/E/G ratio of 0.63 and a beta of 1.51. The business's fifty day moving average is $6.47 and its two-hundred day moving average is $11.17. Hudson Pacific Properties, Inc. has a 52 week low of $5.26 and a 52 week high of $21.70.

Hudson Pacific Properties (NYSE:HPP - Get Free Report) last posted its quarterly earnings data on Thursday, February 26th. The real estate investment trust reported $0.21 EPS for the quarter, topping analysts' consensus estimates of $0.20 by $0.01. The company had revenue of $256.03 million for the quarter, compared to analyst estimates of $168.02 million. Hudson Pacific Properties had a negative return on equity of 19.89% and a negative net margin of 69.12%.Hudson Pacific Properties has set its FY 2026 guidance at 0.960-1.060 EPS. Equities research analysts forecast that Hudson Pacific Properties, Inc. will post 0.45 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on HPP. Jefferies Financial Group set a $8.00 price target on Hudson Pacific Properties and gave the company a "hold" rating in a research report on Friday, March 6th. Morgan Stanley lowered their price target on Hudson Pacific Properties from $8.00 to $5.00 and set an "underweight" rating on the stock in a research report on Tuesday, March 31st. Weiss Ratings reiterated a "sell (d-)" rating on shares of Hudson Pacific Properties in a research report on Monday, December 29th. Piper Sandler lowered their price target on Hudson Pacific Properties from $8.00 to $6.50 and set a "neutral" rating on the stock in a research report on Wednesday, April 1st. Finally, Cantor Fitzgerald lowered their price target on Hudson Pacific Properties from $13.00 to $10.00 and set an "overweight" rating on the stock in a research report on Monday, March 2nd. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Hudson Pacific Properties has an average rating of "Hold" and an average target price of $14.11.

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.

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