Public Employees Retirement System of Ohio Has $1.37 Million Stock Position in Hudson Pacific Properties, Inc. $HPP

Key Points

• The Public Employees Retirement System of Ohio increased its stake in Hudson Pacific Properties by 133.6% in Q2, owning approximately $1.37 million worth of shares.
• Hudson Pacific Properties reported a net margin of -53.76% and a negative return on equity of 15.10% for the recent quarter.
• Research analysts have varied price targets for Hudson Pacific, with a consensus target price of $3.23 and ratings ranging from "Buy" to "Sell."

Public Employees Retirement System of Ohio boosted its position in Hudson Pacific Properties, Inc. (NYSE:HPP - Free Report) by 133.6% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 500,928 shares of the real estate investment trust's stock after purchasing an additional 286,477 shares during the period. Public Employees Retirement System of Ohio owned about 0.35% of Hudson Pacific Properties worth $1,373,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the company. Charles Schwab Investment Management Inc. lifted its stake in Hudson Pacific Properties by 10.1% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 6,241,593 shares of the real estate investment trust's stock valued at $18,413,000 after purchasing an additional 573,233 shares during the last quarter. Nuveen LLC acquired a new stake in Hudson Pacific Properties in the 1st quarter valued at about $10,333,000. Presima Securities ULC lifted its stake in Hudson Pacific Properties by 10.4% in the 1st quarter. Presima Securities ULC now owns 2,765,776 shares of the real estate investment trust's stock valued at $8,159,000 after purchasing an additional 260,793 shares during the last quarter. Conversant Capital LLC acquired a new stake in Hudson Pacific Properties in the 1st quarter valued at about $8,019,000. Finally, Davis Selected Advisers lifted its position in Hudson Pacific Properties by 0.7% during the first quarter. Davis Selected Advisers now owns 2,296,963 shares of the real estate investment trust's stock worth $6,776,000 after acquiring an additional 16,000 shares during the last quarter. 97.58% of the stock is currently owned by institutional investors and hedge funds.

Hudson Pacific Properties Stock Performance

Shares of NYSE:HPP opened at $2.73 on Friday. The company's 50 day simple moving average is $2.70 and its 200 day simple moving average is $2.53. The stock has a market capitalization of $1.03 billion, a price-to-earnings ratio of -0.97 and a beta of 1.64. The company has a debt-to-equity ratio of 1.17, a current ratio of 2.18 and a quick ratio of 2.18. Hudson Pacific Properties, Inc. has a 1 year low of $1.78 and a 1 year high of $5.02.

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

Wall Street Analysts Forecast Growth

HPP has been the subject of several research reports. BMO Capital Markets cut their price objective on shares of Hudson Pacific Properties from $4.00 to $3.50 and set an "outperform" rating for the company in a research report on Friday, June 13th. Odeon Capital Group initiated coverage on shares of Hudson Pacific Properties in a research report on Monday, June 16th. They set a "buy" rating and a $5.00 price objective for the company. BTIG Research cut their price objective on shares of Hudson Pacific Properties from $8.00 to $4.75 and set a "buy" rating for the company in a research report on Wednesday, June 25th. Cantor Fitzgerald initiated coverage on shares of Hudson Pacific Properties in a research report on Wednesday. They set an "overweight" rating and a $3.50 price objective for the company. Finally, Weiss Ratings restated a "sell (e+)" rating on shares of Hudson Pacific Properties in a research report on Saturday, September 27th. Five research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $3.23.

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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