Hudson Pacific Properties (NYSE:HPP) Announces Earnings Results

Key Points

• Hudson Pacific Properties reported $0.04 earnings per share, missing analysts' estimates of $0.06 by $0.02, and has a negative return on equity of 14.12%.
• The company's stock saw a price increase of 3.9% to reach $2.51 during trading, with significant volume of 7,052,585 shares traded.
• Insider transactions revealed that both the Director and CEO acquired 224,215 shares each at an average price of $2.23, reflecting increased confidence in the company's performance.

Hudson Pacific Properties (NYSE:HPP - Get Free Report) posted its quarterly earnings data on Tuesday. The real estate investment trust reported $0.04 EPS for the quarter, topping the consensus estimate of $0.03 by $0.01, Zacks reports. Hudson Pacific Properties had a negative net margin of 53.76% and a negative return on equity of 15.77%. The company had revenue of $190.00 million during the quarter, compared to analyst estimates of $196.27 million. Hudson Pacific Properties updated its Q3 2025 guidance to 0.010-0.05 EPS.

Hudson Pacific Properties Stock Down 3.9%

Shares of Hudson Pacific Properties stock traded down $0.11 during trading hours on Thursday, hitting $2.59. 3,480,833 shares of the company's stock traded hands, compared to its average volume of 4,941,915. The company has a market cap of $980.10 million, a PE ratio of -0.92 and a beta of 1.59. Hudson Pacific Properties has a twelve month low of $1.78 and a twelve month high of $5.69. The stock has a 50 day simple moving average of $2.56 and a 200-day simple moving average of $2.62. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 1.62.

Insider Activity

In other Hudson Pacific Properties news, CEO Victor J. Coleman bought 224,215 shares of the company's stock in a transaction dated Thursday, June 12th. The shares were bought at an average price of $2.23 per share, for a total transaction of $499,999.45. Following the acquisition, the chief executive officer directly owned 711,666 shares of the company's stock, valued at approximately $1,587,015.18. This trade represents a 46.00% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Robert L. Harris II bought 44,843 shares of the company's stock in a transaction on Thursday, June 12th. The stock was purchased at an average cost of $2.23 per share, for a total transaction of $99,999.89. Following the completion of the transaction, 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. Insiders purchased a total of 1,139,007 shares of company stock valued at $2,539,986 over the last three months. 4.92% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of HPP. Strs Ohio acquired a new stake in shares of Hudson Pacific Properties during the first quarter worth $73,000. Caxton Associates LLP acquired a new position in shares of Hudson Pacific Properties during the first quarter worth $82,000. Finally, AQR Capital Management LLC increased its position in Hudson Pacific Properties by 140.3% during the 1st 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 during the period. 97.58% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have issued reports on HPP. Piper Sandler set a $2.00 price target on shares of Hudson Pacific Properties and gave the stock a "neutral" rating in a report on Friday, May 23rd. BTIG Research lowered their target price on shares of Hudson Pacific Properties from $8.00 to $4.75 and set a "buy" rating for the company in a research note on Wednesday, June 25th. Morgan Stanley reaffirmed an "underweight" rating and issued a $1.75 price target on shares of Hudson Pacific Properties in a report on Tuesday, April 15th. Wells Fargo & Company cut their target price on Hudson Pacific Properties from $4.00 to $3.40 and set an "overweight" rating on the stock in a research report on Monday, May 19th. Finally, Wedbush restated a "neutral" rating on shares of Hudson Pacific Properties in a research note on Monday, May 5th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, Hudson Pacific Properties presently has a consensus rating of "Hold" and a consensus target price of $3.22.

About Hudson Pacific Properties

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.