Hudson Pacific Properties (NYSE:HPP – Get Free Report) updated its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 1.120-1.200 for the period, compared to the consensus EPS estimate of 1.050. The company issued revenue guidance of -.
Analyst Ratings Changes
Several research firms have commented on HPP. BTIG Research reiterated a “buy” rating and set a $26.00 price target on shares of Hudson Pacific Properties in a report on Wednesday, May 6th. The Goldman Sachs Group restated a “neutral” rating and issued a $12.00 price objective (up from $7.50) on shares of Hudson Pacific Properties in a report on Tuesday, May 19th. Bank of America reaffirmed an “underperform” rating and set a $14.00 price objective on shares of Hudson Pacific Properties in a research report on Tuesday, June 16th. Citigroup reiterated a “neutral” rating and set a $13.00 target price (up from $8.00) on shares of Hudson Pacific Properties in a research note on Thursday, May 14th. Finally, Wall Street Zen raised Hudson Pacific Properties from a “sell” rating to a “hold” rating in a report on Sunday, July 12th. Four investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $15.07.
Check Out Our Latest Stock Analysis on Hudson Pacific Properties
Hudson Pacific Properties Stock Up 8.0%
Hudson Pacific Properties (NYSE:HPP – Get Free Report) last issued its earnings results on Wednesday, August 5th. The real estate investment trust reported ($1.62) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.72) by ($0.90). The company had revenue of $188.30 million during the quarter, compared to analyst estimates of $181.80 million. Hudson Pacific Properties had a negative net margin of 70.04% and a negative return on equity of 20.76%. Hudson Pacific Properties has set its FY 2026 guidance at 1.120-1.200 EPS. On average, sell-side analysts expect that Hudson Pacific Properties will post 1.14 earnings per share for the current fiscal year.
Institutional Trading of Hudson Pacific Properties
Institutional investors and hedge funds have recently made changes to their positions in the company. Balyasny Asset Management L.P. raised its holdings in shares of Hudson Pacific Properties by 122.4% in the second 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 last quarter. Conversant Capital LLC grew its holdings in shares of Hudson Pacific Properties by 293.6% during the second quarter. Conversant Capital LLC now owns 10,700,000 shares of the real estate investment trust’s stock worth $29,318,000 after buying an additional 7,981,580 shares during the last quarter. Sei Investments Co. increased its position in Hudson Pacific Properties by 18,343.2% in the 2nd quarter. Sei Investments Co. now owns 5,571,688 shares of the real estate investment trust’s stock valued at $15,266,000 after acquiring an additional 5,541,478 shares during the period. UBS Group AG increased its position in Hudson Pacific Properties by 657.0% in the 3rd quarter. UBS Group AG now owns 5,617,697 shares of the real estate investment trust’s stock valued at $15,505,000 after acquiring an additional 4,875,549 shares during the period. Finally, Rush Island Management LP purchased a new stake in Hudson Pacific Properties during the 2nd quarter valued at approximately $12,409,000. 97.58% of the stock is owned by hedge funds and other institutional investors.
About Hudson Pacific Properties
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.
Further Reading
- Five stocks we like better than Hudson Pacific Properties
- Datadog’s Drop Says More About Expectations Than Earnings
- D-Wave’s Quantum Breakthrough Couldn’t Save QBTS From a Sell-Off
- Cloudflare’s Beat-and-Raise Quarter Puts Its AI Edge Story in Focus
- Solventum Nears Inflection Point As It Begins to Unlock Value
Receive News & Ratings for Hudson Pacific Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hudson Pacific Properties and related companies with MarketBeat.com's FREE daily email newsletter.
