HPP
Hudson Pacific PropertiesHPP
HPP
About: Hudson Pacific Properties Inc is a real estate investment trust that acquires, operates, and owns office buildings and media and entertainment properties, such as sound stages, on America's West Coast. The company focuses on developed, urban markets in Northern California, Southern California, and the Pacific Northwest. In terms of total square footage, the vast majority of Hudson Pacific's real estate portfolio is composed of office properties located in the Greater Seattle, San Francisco, and Los Angeles areas. The company operates in two reportable segments; office properties & related operations; and studio properties & related operations. The majority of revenue is derived from the office properties & related operations segment.
Employees: 740
0
Funds holding %
of 7,323 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
322% more call options, than puts
Call options by funds: $13.6M | Put options by funds: $3.23M
26% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 62
0% more funds holding in top 10
Funds holding in top 10: 2 [Q4 2024] → 2 (+0) [Q1 2025]
5% less capital invested
Capital invested by funds: $438M [Q4 2024] → $417M (-$21.8M) [Q1 2025]
2.53% less ownership
Funds ownership: 102.46% [Q4 2024] → 99.93% (-2.53%) [Q1 2025]
8% less funds holding
Funds holding: 229 [Q4 2024] → 211 (-18) [Q1 2025]
28% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 50
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$2
19%
downside
Avg. target
$3.41
39%
upside
High target
$4.75
93%
upside
4 analyst ratings
3 positive
75%
1 neutral
25%
0 negative
0%
BTIG Thomas Catherwood | 93%upside $4.75 | Buy Maintained | 25 Jun 2025 |
BMO Capital John Kim | 42%upside $3.50 | Outperform Maintained | 13 Jun 2025 |
Piper Sandler Alexander Goldfarb | 19%downside $2 | Neutral Maintained | 23 May 2025 |
Wells Fargo Blaine Heck | 38%upside $3.40 | Overweight Maintained | 19 May 2025 |
Financial journalist opinion
Based on 4 articles about HPP published over the past 30 days
Negative
Seeking Alpha
1 week ago
Double-Checking The Credit Rating (Part 3): Hudson Pacific Properties
Hudson Pacific Properties offers high-quality office and studio spaces to tech and media tenants but faces significant market and credit risk. Despite $8 billion in assets, HPP's low market cap and asset coverage ratio reflect investor concerns about debt and earnings quality. Credit ratings are weak due to high leverage and low EBITDA coverage, with Moody's assigning a B1 equivalent rating after adjustments.
Positive
Seeking Alpha
3 weeks ago
REITs Score Key Tax Bill Wins
U.S. equity markets closed the Independence Day week at record highs after Congress approved the GOP's sweeping tax cut and spending megabill, while employment data indicated "Goldilocks" labor market trends. The Big Beautiful Bill extends and enhances key elements of the 2017 tax cuts and boosts State and Local Tax ("SALT") deductions, while overhauling eligibility requirements for government benefits programs. The real estate and homebuilding industry scored some key "wins" in the legislation, which made permanent the 20% QBI deduction for REIT dividend income and relaxed some REIT tax rules.
Negative
Seeking Alpha
3 weeks ago
NAV Monitor: U.S. Equity REITs Trade At Higher Discount To NAV In June
Publicly listed US equity REITs ended June at a median 19.1% discount to their consensus NAV per share estimates, according to S&P Global Market Intelligence data. The hotel sector traded at the largest median discount to NAV at 35.5%, down from a 35.7% median discount to NAV as of May 30. Healthcare REITs continued to trade at the highest median premium, 19.3%, which is about 1.4 percentage points down from the 20.6% median premium to NAV as of May 30.
Neutral
Business Wire
4 weeks ago
Hudson Pacific Provides Business Update
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced changes to its Board of Directors ("Board"), reducing the size from 10 to 8 members. In support of these efforts, two directors, Ebs Burnough and Christy Haubegger, voluntarily resigned from the Board. Victor Coleman, Hudson Pacific's CEO and Chairman, said, "This more efficient board structure maintains the experience neede.
Positive
Seeking Alpha
1 month ago
The Bulls Are Back
U.S. equity markets surged to fresh record-highs as investors cheered a confluence of positive headlines: a temporary ceasefire in the Middle East, productive trade talks, and progress on tax cuts. Oil prices tumbled after the U.S. destroyed a trio of Iranian nuclear facilities in a formidable and decisive show of force, eliciting a ceasefire between Israel and Iran. Traders priced in additional rate cuts as tumbling oil prices and economic data that remains devoid of meaningful inflation prompted dovish dissents from several Fed officials.
Neutral
Business Wire
1 month ago
Hudson Pacific Properties Announces Date for Second Quarter Earnings Release and Conference Call
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced it will release second quarter financial results after market close on Tuesday, August 5, 2025. The company will hold a conference call to discuss the results at 2:00 p.m. PT / 5:00 p.m. ET the same day. The conference call will be available via live audio webcast on the Investors section of the company's website at HudsonPa.
Neutral
Seeking Alpha
1 month ago
Fed Ditches 'Data Dependent'
U.S. equity markets posted a second-straight week of declines after the U.S. Federal Reserve indicated that it remains in "no rush" to ease its "modestly restrictive" policy stance. Raising questions on whether the Fed can continue to claim itself "data dependent," Fed Chair Powell dismissed recent economic data while doubling-down on forecasts of "meaningful" tariff-driven inflation. Benchmark interest rates ticked lower this week as traders digested the Federal Reserve's rate decision alongside a generally downbeat slate of economic data and heightened geopolitical uncertainty.
Positive
CNBC Television
1 month ago
AI will bring significant savings to most REITs, says Morgan Stanley's Ron Kamdem
Ron Kamdem, Morgan Stanley head of U.S. REITS and commercial real estate research, joins 'The Exchange' to discuss AI in CRE and the future of real estate.
Neutral
PRNewsWire
1 month ago
Cohen & Steers Invests $300 Million On Behalf of Clients with Hudson Pacific Properties to Support Balance Sheet Recapitalization
NEW YORK , June 16, 2025 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS), announced today that the firm, on behalf of its clients' accounts, has invested $300 million in Hudson Pacific Properties, Inc, (NYSE: HPP), a leading West Coast office REIT, as a cornerstone investor to support HPP's balance sheet recapitalization. The purchase reflects 43% of HPP's $690 million offering.
Neutral
Seeking Alpha
1 month ago
The Inflation That Wasn't
US equity markets retreated from the cusp of record-highs this week as encouraging inflation data showing surprisingly muted tariff-related inflation was spoiled by a sudden escalation in Middle East tensions. The critical CPI and PPI reports both showed cooler-than-expected inflation in May for a third-straight month, as lower oil prices and moderating shelter costs more than offset the tariff uplift. Upsetting the key disinflationary offset that has kept overall inflation suppressed in recent months, the exchange of attacks between Iran and Israel sent global oil prices surging to four-month highs.
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