Purpose Unlimited Inc. Makes New Investment in Hudson Pacific Properties, Inc. $HPP

Posted by Brian Himes on Jun 21st, 2026

Purpose Unlimited Inc. acquired a new stake in shares of Hudson Pacific Properties, Inc. (NYSE:HPP – Free Report) during the fourth quarter, HoldingsChannel.com reports. The firm acquired 437,601 shares of the real estate investment trust’s stock, valued at approximately $4,739,000.

Several other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. boosted its holdings in shares of Hudson Pacific Properties by 14.3% in the 3rd quarter. Vanguard Group Inc. now owns 38,453,976 shares of the real estate investment trust’s stock worth $106,133,000 after purchasing an additional 4,815,234 shares during the period. Balyasny Asset Management L.P. raised its holdings in Hudson Pacific Properties by 122.4% during the 2nd quarter. Balyasny Asset Management L.P. now owns 15,712,981 shares of the real estate investment trust’s stock valued at $43,054,000 after buying an additional 8,646,463 shares during the period. Conversant Capital LLC raised its holdings in Hudson Pacific Properties by 293.6% during the 2nd quarter. Conversant Capital LLC now owns 10,700,000 shares of the real estate investment trust’s stock valued at $29,318,000 after buying an additional 7,981,580 shares during the period. Hudson Bay Capital Management LP raised its holdings in Hudson Pacific Properties by 1.0% during the 3rd quarter. Hudson Bay Capital Management LP now owns 6,987,635 shares of the real estate investment trust’s stock valued at $19,286,000 after buying an additional 68,089 shares during the period. Finally, Russell Investments Group Ltd. lifted its position in Hudson Pacific Properties by 25.0% in the third quarter. Russell Investments Group Ltd. now owns 6,225,104 shares of the real estate investment trust’s stock worth $17,181,000 after buying an additional 1,245,435 shares during the last quarter. 97.58% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Morgan Stanley dropped their price objective on shares of Hudson Pacific Properties from $8.00 to $5.00 and set an “underweight” rating for the company in a research note on Tuesday, March 31st. Wall Street Zen downgraded shares of Hudson Pacific Properties from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. The Goldman Sachs Group restated a “neutral” rating and issued a $12.00 target price (up from $7.50) on shares of Hudson Pacific Properties in a report on Tuesday, May 19th. Cantor Fitzgerald lowered their target price on shares of Hudson Pacific Properties from $13.00 to $10.00 and set an “overweight” rating for the company in a report on Monday, March 2nd. Finally, Zacks Research raised shares of Hudson Pacific Properties from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 3rd. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $13.48.

View Our Latest Research Report on HPP

Hudson Pacific Properties Trading Down 0.2%

Shares of NYSE HPP opened at $14.59 on Friday. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.65 and a current ratio of 1.65. The business’s 50 day moving average price is $11.08 and its 200-day moving average price is $9.50. Hudson Pacific Properties, Inc. has a fifty-two week low of $5.26 and a fifty-two week high of $21.70. The company has a market cap of $791.55 million, a price-to-earnings ratio of -1.45, a PEG ratio of 1.17 and a beta of 1.94.

Hudson Pacific Properties (NYSE:HPP – Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The real estate investment trust reported ($0.82) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.92) by $0.10. Hudson Pacific Properties had a negative return on equity of 19.05% and a negative net margin of 67.89%.The firm had revenue of $181.85 million during the quarter, compared to analyst estimates of $175.12 million. Hudson Pacific Properties has set its FY 2026 guidance at 1.100-1.180 EPS. On average, sell-side analysts expect that Hudson Pacific Properties, Inc. will post 1.06 earnings per share for the current year.

Hudson Pacific Properties Company Profile

(Free Report)

Hudson Pacific Properties (NYSE: HPP) is a self-managed real estate investment trust focused on the acquisition, development and management of high-quality office and studio properties. The company’s portfolio spans strategic West Coast markets in the United States and key markets in Canada, providing space for technology, media and creative companies as well as major film and television producers. As an owner and operator of both traditional office buildings and specialized production facilities, Hudson Pacific seeks to deliver stable income through long-term leases and strategic property enhancements.

In its office segment, Hudson Pacific targets markets with strong job growth and limited supply, including Los Angeles, Silicon Valley, San Diego and Seattle, as well as Vancouver, British Columbia.