Weiss Ratings Reiterates Sell (D-) Rating for Hudson Pacific Properties (NYSE:HPP)

Key Points

• Weiss Ratings has reiterated a Sell (D-) rating for Hudson Pacific Properties (NYSE:HPP), reflecting continued concerns over the company's performance.
• Analysts have mixed opinions, with a consensus target price of $3.13, indicating a range of buy, hold, and sell ratings among major research firms.
• Hudson Pacific Properties reported a Q2 earnings per share of $0.04, slightly above expectations, but showed negative metrics such as a -15.10% return on equity.

Hudson Pacific Properties (NYSE:HPP - Get Free Report)'s stock had its "sell (d-)" rating reiterated by stock analysts at Weiss Ratings in a research note issued to investors on Tuesday,Weiss Ratings reports.

A number of other equities research analysts have also weighed in on the company. Odeon Capital Group assumed coverage on Hudson Pacific Properties in a research report on Monday, June 16th. They issued a "buy" rating and a $5.00 price objective on the stock. Jefferies Financial Group lowered their price objective on Hudson Pacific Properties from $2.50 to $2.40 and set a "hold" rating for the company in a research note on Monday. The Goldman Sachs Group lifted their price objective on Hudson Pacific Properties from $2.80 to $3.20 and gave the company a "neutral" rating in a research note on Wednesday, September 17th. BTIG Research lowered their price objective on 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. Finally, New Street Research set a $2.40 price target on Hudson Pacific Properties in a research note on Monday. Five equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $3.13.

Hudson Pacific Properties Price Performance

NYSE HPP traded up $0.01 during trading hours on Tuesday, hitting $2.54. The company had a trading volume of 908,644 shares, compared to its average volume of 5,083,829. The firm has a 50 day simple moving average of $2.73 and a 200 day simple moving average of $2.52. Hudson Pacific Properties has a 52 week low of $1.78 and a 52 week high of $5.02. The firm has a market capitalization of $961.15 million, a price-to-earnings ratio of -0.91 and a beta of 1.64. The company has a debt-to-equity ratio of 1.17, a quick ratio of 2.18 and a current ratio of 2.18.

Hudson Pacific Properties (NYSE:HPP - Get Free Report) last announced its quarterly earnings data 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 company had revenue of $190.00 million for the quarter, compared to analysts' expectations of $196.27 million. Hudson Pacific Properties had a negative return on equity of 15.10% and a negative net margin of 53.76%. Hudson Pacific Properties has set its Q3 2025 guidance at 0.010-0.05 EPS. Equities research analysts expect that Hudson Pacific Properties will post 0.45 earnings per share for the current year.

Hedge Funds Weigh In On Hudson Pacific Properties

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Resona Asset Management Co. Ltd. boosted its stake in Hudson Pacific Properties by 8.8% during the first quarter. Resona Asset Management Co. Ltd. now owns 62,503 shares of the real estate investment trust's stock valued at $186,000 after buying an additional 5,051 shares during the last quarter. Winslow Asset Management Inc. raised its holdings in Hudson Pacific Properties by 15.8% during the 1st quarter. Winslow Asset Management Inc. now owns 49,030 shares of the real estate investment trust's stock valued at $145,000 after buying an additional 6,685 shares during the period. Metis Global Partners LLC raised its holdings in shares of Hudson Pacific Properties by 43.8% in the second quarter. Metis Global Partners LLC now owns 23,273 shares of the real estate investment trust's stock worth $64,000 after buying an additional 7,090 shares during the period. Ballentine Partners LLC increased its holdings in Hudson Pacific Properties by 52.0% during the 2nd quarter. Ballentine Partners LLC now owns 22,492 shares of the real estate investment trust's stock worth $62,000 after purchasing an additional 7,690 shares during the period. Finally, DekaBank Deutsche Girozentrale increased its holdings in Hudson Pacific Properties by 25.4% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 41,563 shares of the real estate investment trust's stock worth $122,000 after purchasing an additional 8,430 shares during the period. 97.58% of the stock is owned by institutional investors.

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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