Y Intercept Hong Kong Ltd Takes Position in Hudson Pacific Properties, Inc. $HPP

Y Intercept Hong Kong Ltd purchased a new position in shares of Hudson Pacific Properties, Inc. (NYSE:HPP) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 48,240 shares of the real estate investment trust’s stock, valued at approximately $132,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Teacher Retirement System of Texas acquired a new position in Hudson Pacific Properties in the first quarter valued at about $58,000. DekaBank Deutsche Girozentrale raised its stake in shares of Hudson Pacific Properties by 25.4% in the 1st quarter. DekaBank Deutsche Girozentrale now owns 41,563 shares of the real estate investment trust’s stock valued at $122,000 after acquiring an additional 8,430 shares during the period. Cerity Partners LLC lifted its holdings in shares of Hudson Pacific Properties by 50.3% in the 1st quarter. Cerity Partners LLC now owns 45,783 shares of the real estate investment trust’s stock worth $135,000 after acquiring an additional 15,318 shares during the last quarter. Ballentine Partners LLC purchased a new position in shares of Hudson Pacific Properties during the 1st quarter worth approximately $44,000. Finally, CWM LLC boosted its position in shares of Hudson Pacific Properties by 3,660.4% during the 1st quarter. CWM LLC now owns 15,944 shares of the real estate investment trust’s stock worth $47,000 after purchasing an additional 15,520 shares during the period. 97.58% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Jefferies Financial Group cut their target price on Hudson Pacific Properties from $2.50 to $2.40 and set a “hold” rating on the stock in a research report on Monday, October 13th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Hudson Pacific Properties in a report on Wednesday. New Street Research set a $2.40 target price on Hudson Pacific Properties in a report on Monday, October 13th. Cantor Fitzgerald dropped their target price on Hudson Pacific Properties from $3.50 to $3.00 and set an “overweight” rating for the company in a research report on Thursday. Finally, Wells Fargo & Company reduced their price target on shares of Hudson Pacific Properties from $3.40 to $3.10 and set an “overweight” rating on the stock in a research report on Wednesday, August 27th. Five analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $3.09.

Hudson Pacific Properties Stock Performance

Shares of Hudson Pacific Properties stock opened at $2.25 on Monday. The business has a 50-day simple moving average of $2.66 and a 200-day simple moving average of $2.53. 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, Inc. has a one year low of $1.78 and a one year high of $4.66. The company has a market cap of $851.19 million, a PE ratio of -0.80 and a beta of 1.62.

Hudson Pacific Properties (NYSE:HPP) last issued its earnings results on Wednesday, November 5th. The real estate investment trust reported $0.04 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.02. Hudson Pacific Properties had a negative net margin of 53.76% and a negative return on equity of 15.10%. The firm had revenue of $186.62 million for the quarter, compared to analysts’ expectations of $186.05 million. Hudson Pacific Properties has set its Q4 2025 guidance at 0.010-0.050 EPS. On average, equities research analysts forecast that Hudson Pacific Properties, Inc. will post 0.45 EPS for the current fiscal year.

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.