Dimensional Fund Advisors LP Has $4.84 Million Stock Holdings in Hudson Pacific Properties, Inc. (NYSE:HPP)

Dimensional Fund Advisors LP reduced its stake in Hudson Pacific Properties, Inc. (NYSE:HPP - Free Report) by 15.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 1,598,871 shares of the real estate investment trust's stock after selling 282,849 shares during the quarter. Dimensional Fund Advisors LP owned approximately 1.13% of Hudson Pacific Properties worth $4,844,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Barclays PLC raised its position in shares of Hudson Pacific Properties by 120.9% in the third quarter. Barclays PLC now owns 244,222 shares of the real estate investment trust's stock valued at $1,168,000 after purchasing an additional 133,673 shares during the period. Green Alpha Advisors LLC grew its stake in Hudson Pacific Properties by 77.7% in the 4th quarter. Green Alpha Advisors LLC now owns 521,592 shares of the real estate investment trust's stock valued at $1,580,000 after buying an additional 228,079 shares during the last quarter. Mechanics Bank Trust Department bought a new position in Hudson Pacific Properties in the 4th quarter worth $60,000. Mutual Advisors LLC acquired a new position in Hudson Pacific Properties during the 4th quarter worth $44,000. Finally, Inspire Investing LLC boosted its holdings in Hudson Pacific Properties by 60.0% during the fourth quarter. Inspire Investing LLC now owns 139,232 shares of the real estate investment trust's stock valued at $422,000 after acquiring an additional 52,237 shares during the period. 97.58% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently weighed in on HPP. Morgan Stanley reissued an "underweight" rating and set a $1.75 price objective on shares of Hudson Pacific Properties in a research report on Tuesday, April 15th. Wedbush reiterated a "neutral" rating on shares of Hudson Pacific Properties in a report on Monday, May 5th. BTIG Research set a $8.00 price objective on shares of Hudson Pacific Properties and gave the stock a "buy" rating in a research note on Tuesday, May 6th. Wells Fargo & Company upgraded shares of Hudson Pacific Properties from an "equal weight" rating to an "overweight" rating and set a $4.00 target price for the company in a research note on Monday, March 10th. Finally, BMO Capital Markets upgraded shares of Hudson Pacific Properties from a "market perform" rating to an "outperform" rating and raised their price target for the stock from $4.00 to $5.00 in a research report on Friday, March 28th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $3.63.

Hudson Pacific Properties Price Performance

Shares of HPP stock traded down $0.05 during mid-day trading on Friday, reaching $2.09. The company's stock had a trading volume of 2,241,453 shares, compared to its average volume of 2,864,863. Hudson Pacific Properties, Inc. has a 1-year low of $1.88 and a 1-year high of $6.29. The company has a debt-to-equity ratio of 1.47, a quick ratio of 1.26 and a current ratio of 1.26. The company has a market cap of $294.80 million, a P/E ratio of -0.81 and a beta of 1.48. The firm's 50-day moving average is $2.47 and its two-hundred day moving average is $3.01.

Hudson Pacific Properties (NYSE:HPP - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The real estate investment trust reported $0.09 earnings per share for the quarter, meeting analysts' consensus estimates of $0.09. Hudson Pacific Properties had a negative return on equity of 12.64% and a negative net margin of 44.01%. The company had revenue of $198.46 million for the quarter, compared to the consensus estimate of $199.95 million. On average, research analysts predict that Hudson Pacific Properties, Inc. will post 0.45 earnings per share for the current year.

Hudson Pacific Properties 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.