Presima Securities ULC Grows Stock Position in Hudson Pacific Properties, Inc. $HPP

Key Points

• Presima Securities ULC has increased its holdings in Hudson Pacific Properties by 10.4%, now owning 2,765,776 shares, which represents about 1.8% of its total holdings.
• Insider transactions revealed that Directors Ted R. Antenucci and Barry A. Sholem significantly increased their stakes in the company, acquiring 89,686 and 224,215 shares respectively on June 12th.
• Hudson Pacific Properties recently announced it achieved $0.04 EPS for the last quarter, exceeding analyst expectations, while setting guidance for Q3 2025 at $0.010-0.05 EPS.

Presima Securities ULC grew its holdings in shares of Hudson Pacific Properties, Inc. (NYSE:HPP - Free Report) by 10.4% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,765,776 shares of the real estate investment trust's stock after purchasing an additional 260,793 shares during the quarter. Hudson Pacific Properties makes up approximately 1.8% of Presima Securities ULC's holdings, making the stock its 16th biggest position. Presima Securities ULC owned about 1.96% of Hudson Pacific Properties worth $8,159,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. US Bancorp DE increased its holdings in Hudson Pacific Properties by 1,053.7% during the first quarter. US Bancorp DE now owns 9,772 shares of the real estate investment trust's stock valued at $29,000 after buying an additional 8,925 shares during the last quarter. Insigneo Advisory Services LLC bought a new position in Hudson Pacific Properties in the 1st quarter worth $44,000. Ballentine Partners LLC bought a new position in Hudson Pacific Properties in the 1st quarter worth $44,000. CWM LLC lifted its position in Hudson Pacific Properties by 3,660.4% during the first quarter. CWM LLC now owns 15,944 shares of the real estate investment trust's stock valued at $47,000 after purchasing an additional 15,520 shares in the last quarter. Finally, Sowell Financial Services LLC bought a new stake in Hudson Pacific Properties during the first quarter valued at about $49,000. Hedge funds and other institutional investors own 97.58% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on HPP shares. Odeon Capital Group started coverage on Hudson Pacific Properties in a research note on Monday, June 16th. They issued a "buy" rating and a $5.00 price objective on the stock. BTIG Research lowered their price target on shares of Hudson Pacific Properties from $8.00 to $4.75 and set a "buy" rating on the stock in a report on Wednesday, June 25th. Piper Sandler set a $2.00 price target on shares of Hudson Pacific Properties and gave the stock a "neutral" rating in a research report on Friday, May 23rd. Wells Fargo & Company decreased their price objective on shares of 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. Finally, BMO Capital Markets lowered their target price on shares of Hudson Pacific Properties from $4.00 to $3.50 and set an "outperform" rating on the stock in a research note on Friday, June 13th. Four investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Hudson Pacific Properties presently has a consensus rating of "Hold" and an average price target of $3.11.

Insider Activity

In other Hudson Pacific Properties news, Director Barry A. Sholem acquired 224,215 shares of the company's stock in a transaction on Thursday, June 12th. The stock was acquired at an average cost of $2.23 per share, with a total value of $499,999.45. Following the purchase, the director directly owned 400,743 shares of the company's stock, valued at approximately $893,656.89. This represents a 127.01% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Robert L. Harris II bought 44,843 shares of Hudson Pacific Properties stock in a transaction dated Thursday, June 12th. The stock was acquired at an average price of $2.23 per share, for a total transaction of $99,999.89. Following the completion of the acquisition, the director owned 174,731 shares in the company, valued at approximately $389,650.13. The trade was a 34.52% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last ninety days, insiders purchased 1,139,007 shares of company stock worth $2,539,986. 4.92% of the stock is owned by corporate insiders.

Hudson Pacific Properties Price Performance

HPP stock traded down $0.06 during mid-day trading on Wednesday, hitting $2.89. The company had a trading volume of 4,923,240 shares, compared to its average volume of 6,653,931. The company has a 50-day moving average price of $2.67 and a 200 day moving average price of $2.56. Hudson Pacific Properties, Inc. has a 12-month low of $1.78 and a 12-month high of $5.56. The company has a market capitalization of $1.09 billion, a price-to-earnings ratio of 8.65 and a beta of 1.63. The company has a quick ratio of 2.18, a current ratio of 2.18 and a debt-to-equity ratio of 1.17.

Hudson Pacific Properties (NYSE:HPP - Get Free Report) last posted its earnings results on Tuesday, August 5th. The real estate investment trust reported $0.04 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 company had revenue of $190.00 million for the quarter, compared to the consensus estimate of $196.27 million. Hudson Pacific Properties has set its Q3 2025 guidance at 0.010-0.05 EPS. On average, research analysts anticipate that Hudson Pacific Properties, Inc. will post 0.45 earnings per share 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.