Hudson Pacific Properties, Inc. (NYSE:HPP) Receives Average Recommendation of "Hold" from Brokerages

Key Points

• Analyst consensus is “Hold” for Hudson Pacific Properties, with three sell, five hold, four buy and one strong-buy rating among 13 brokerages. The average 12-month price target is $15.57, above the reported $14.50 opening price.
• Director Jon E. Bortz purchased 25,000 shares for approximately $335,000, increasing his holdings by 240.5%; insiders collectively own 2.47% of the company.
• Hudson Pacific reported a quarterly loss of $1.62 per share, missing the $0.72 consensus estimate, although revenue of $188.3 million exceeded expectations. Institutional investors own 97.58% of the stock, and the company issued full-year 2026 EPS guidance of $1.12–$1.20.

Shares of Hudson Pacific Properties, Inc. (NYSE:HPP - Get Free Report) have earned an average recommendation of "Hold" from the thirteen brokerages that are currently covering the company, MarketBeat reports. Three research analysts have rated the stock with a sell rating, five have issued a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $15.5667.

Several equities analysts have weighed in on the company. Cantor Fitzgerald increased their price objective on Hudson Pacific Properties from $14.00 to $17.00 and gave the company an "overweight" rating in a report on Friday, August 7th. Citigroup reaffirmed a "neutral" rating and set a $15.00 price target (up from $13.00) on shares of Hudson Pacific Properties in a research report on Thursday, August 13th. Wells Fargo & Company increased their price target on Hudson Pacific Properties from $13.50 to $14.00 and gave the stock an "overweight" rating in a research note on Monday, June 1st. Mizuho lifted their price objective on Hudson Pacific Properties from $15.00 to $17.00 and gave the stock a "neutral" rating in a report on Tuesday, July 21st. Finally, Bank of America reissued an "underperform" rating and issued a $14.00 price objective on shares of Hudson Pacific Properties in a report on Tuesday, June 16th.

Insider Buying and Selling

In other Hudson Pacific Properties news, Director Jon E. Bortz acquired 25,000 shares of the business's stock in a transaction that occurred on Tuesday, August 11th. The stock was bought at an average cost of $13.40 per share, with a total value of $335,000.00. Following the acquisition, the director owned 35,394 shares in the company, valued at approximately $474,279.60. This represents a 240.52% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 2.47% of the company's stock.

Institutional Investors Weigh In On Hudson Pacific Properties

Several institutional investors have recently made changes to their positions in HPP. AQR Capital Management LLC grew its position in shares of Hudson Pacific Properties by 140.3% in the first quarter. AQR Capital Management LLC now owns 348,203 shares of the real estate investment trust's stock valued at $1,027,000 after purchasing an additional 203,283 shares in the last quarter. Caxton Associates LLP purchased a new position in Hudson Pacific Properties during the 1st quarter valued at about $82,000. Strs Ohio bought a new stake in shares of Hudson Pacific Properties during the first quarter valued at about $73,000. Creative Planning increased its position in shares of Hudson Pacific Properties by 25.8% during the second quarter. Creative Planning now owns 46,095 shares of the real estate investment trust's stock valued at $126,000 after buying an additional 9,467 shares during the period. Finally, Cetera Investment Advisers bought a new stake in Hudson Pacific Properties during the 2nd quarter worth approximately $62,000. Hedge funds and other institutional investors own 97.58% of the company's stock.

Hudson Pacific Properties Price Performance

HPP opened at $14.50 on Monday. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 1.33. The stock has a market cap of $786.91 million, a price-to-earnings ratio of -1.64, a PEG ratio of 1.11 and a beta of 1.90. Hudson Pacific Properties has a twelve month low of $5.26 and a twelve month high of $21.70. The company's 50-day moving average price is $14.78 and its two-hundred day moving average price is $10.76.

Hudson Pacific Properties (NYSE:HPP - Get Free Report) last released its earnings results on Wednesday, August 5th. The real estate investment trust reported ($1.62) earnings per share for the quarter, missing analysts' consensus estimates of ($0.72) by ($0.90). The company had revenue of $188.30 million for the quarter, compared to the consensus estimate of $181.80 million. Hudson Pacific Properties had a negative net margin of 70.04% and a negative return on equity of 20.76%. Hudson Pacific Properties has set its FY 2026 guidance at 1.120-1.200 EPS. As a group, equities analysts expect that Hudson Pacific Properties will post 1.11 earnings per share for the current year.

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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