Hudson Pacific Properties (NYSE:HPP) Price Target Raised to $14.00 at Morgan Stanley

by · The Cerbat Gem

Hudson Pacific Properties (NYSE:HPP – Get Free Report) had its price objective raised by investment analysts at Morgan Stanley to $14.00 in a note issued to investors on Tuesday,Benzinga reports. The firm presently has an “underweight” rating on the real estate investment trust’s stock. Morgan Stanley’s price target would suggest a potential downside of 1.24% from the stock’s previous close.

A number of other brokerages have also weighed in on HPP. The Goldman Sachs Group set a $19.25 price objective on Hudson Pacific Properties and gave the stock a “neutral” rating in a report on Tuesday, November 25th. Jefferies Financial Group decreased their price objective on shares of Hudson Pacific Properties from $17.50 to $16.80 and set a “hold” rating on the stock in a report on Monday, October 13th. Citigroup dropped their target price on shares of Hudson Pacific Properties from $20.30 to $13.30 and set a “neutral” rating for the company in a report on Monday, November 24th. New Street Research set a $16.80 price target on shares of Hudson Pacific Properties in a research report on Monday, October 13th. Finally, Piper Sandler decreased their price target on Hudson Pacific Properties from $21.00 to $17.50 and set a “neutral” rating on the stock in a research note on Monday, November 10th. Five investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Hudson Pacific Properties has an average rating of “Hold” and a consensus price target of $19.69.

Check Out Our Latest Research Report on Hudson Pacific Properties

Hudson Pacific Properties Stock Performance

Shares of Hudson Pacific Properties stock traded up $0.32 on Tuesday, reaching $14.18. 791,738 shares of the stock were exchanged, compared to its average volume of 752,927. The firm has a market capitalization of $5.38 billion, a PE ratio of -5.05 and a beta of 1.45. Hudson Pacific Properties has a 1-year low of $11.69 and a 1-year high of $27.06. The business has a fifty day moving average price of $16.31 and a two-hundred day moving average price of $17.41. The company has a current ratio of 2.18, a quick ratio of 2.18 and a debt-to-equity ratio of 1.17.

Hudson Pacific Properties (NYSE:HPP – Get Free Report) last released its earnings results on Wednesday, November 5th. The real estate investment trust reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.02. The company had revenue of $186.62 million for the quarter, compared to analysts’ expectations of $186.05 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 Q4 2025 guidance at 0.010-0.050 EPS. As a group, research analysts anticipate that Hudson Pacific Properties will post 0.45 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Hudson Pacific Properties by 59.4% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 47,889 shares of the real estate investment trust’s stock valued at $141,000 after buying an additional 17,848 shares in the last quarter. US Bancorp DE lifted its holdings in Hudson Pacific Properties by 1,053.7% in the 1st quarter. US Bancorp DE now owns 9,772 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 8,925 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Hudson Pacific Properties by 10.1% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 6,241,593 shares of the real estate investment trust’s stock worth $18,413,000 after purchasing an additional 573,233 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in shares of Hudson Pacific Properties by 21.5% during the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 98,012 shares of the real estate investment trust’s stock worth $289,000 after buying an additional 17,334 shares in the last quarter. Finally, Swiss National Bank grew its holdings in shares of Hudson Pacific Properties by 4.0% during the first quarter. Swiss National Bank now owns 259,950 shares of the real estate investment trust’s stock worth $767,000 after buying an additional 9,900 shares in the last quarter. 97.58% of the stock is owned by hedge funds and other institutional investors.

About Hudson Pacific Properties

(Get Free Report)

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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