Hudson Pacific Properties, Inc. $HPP Shares Bought by Allianz Asset Management GmbH

Key Points

• Allianz Asset Management GmbH increased its ownership in Hudson Pacific Properties by 32.0%, now holding approximately 1.1 million shares valued at $3.06 million.
• Analysts have adjusted their price targets for Hudson Pacific Properties, with a consensus target price of $3.13 and a current rating mix of Buy, Hold, and Sell.
• Hudson Pacific Properties reported a quarterly earnings per share (EPS) of $0.04, exceeding expectations, but has faced a negative return on equity and a significant net margin loss of 53.76%.

Allianz Asset Management GmbH raised its position in Hudson Pacific Properties, Inc. (NYSE:HPP - Free Report) by 32.0% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 1,117,300 shares of the real estate investment trust's stock after purchasing an additional 270,976 shares during the period. Allianz Asset Management GmbH owned about 0.29% of Hudson Pacific Properties worth $3,061,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. US Bancorp DE grew its holdings in Hudson Pacific Properties by 1,053.7% in the first quarter. US Bancorp DE now owns 9,772 shares of the real estate investment trust's stock valued at $29,000 after purchasing an additional 8,925 shares during the last quarter. Abel Hall LLC purchased a new stake in shares of Hudson Pacific Properties in the second quarter valued at $28,000. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of Hudson Pacific Properties in the second quarter valued at $29,000. Ballentine Partners LLC purchased a new stake in shares of Hudson Pacific Properties in the first quarter valued at $44,000. Finally, GC Wealth Management RIA LLC purchased a new stake in shares of Hudson Pacific Properties in the second quarter valued at $44,000. Institutional investors and hedge funds own 97.58% of the company's stock.

Analysts Set New Price Targets

HPP has been the topic of several recent research reports. Jefferies Financial Group reduced their price objective on Hudson Pacific Properties from $2.50 to $2.40 and set a "hold" rating on the stock in a research report on Monday, October 13th. New Street Research set a $2.40 price objective on Hudson Pacific Properties in a research report on Monday, October 13th. Wells Fargo & Company reduced their price objective on Hudson Pacific Properties from $3.40 to $3.10 and set an "overweight" rating on the stock in a research report on Wednesday, August 27th. Cantor Fitzgerald initiated coverage on Hudson Pacific Properties in a research report on Wednesday, October 1st. They issued an "overweight" rating and a $3.50 price objective on the stock. Finally, The Goldman Sachs Group upped their price objective on Hudson Pacific Properties from $2.80 to $3.20 and gave the company a "neutral" rating in a research report on Wednesday, September 17th. Five investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $3.13.

Hudson Pacific Properties Stock Down 1.8%

Shares of NYSE:HPP opened at $2.53 on Friday. The stock's 50-day moving average price is $2.73 and its two-hundred day moving average price is $2.52. The company has a current ratio of 2.18, a quick ratio of 2.18 and a debt-to-equity ratio of 1.17. Hudson Pacific Properties, Inc. has a 12-month low of $1.78 and a 12-month high of $4.70. The firm has a market cap of $957.35 million, a price-to-earnings ratio of -0.90 and a beta of 1.64.

Hudson Pacific Properties (NYSE:HPP - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The real estate investment trust reported $0.04 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.03 by $0.01. Hudson Pacific Properties had a negative return on equity of 15.10% and a negative net margin of 53.76%.The firm had revenue of $190.00 million for the quarter, compared to analyst estimates of $196.27 million. Hudson Pacific Properties has set its Q3 2025 guidance at 0.010-0.05 EPS. On average, research analysts forecast that Hudson Pacific Properties, Inc. will post 0.45 EPS for the current year.

Hudson Pacific Properties Company 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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