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 7,296 funds
0
Analysts bullish %
of 6 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]
2.62% less ownership
Funds ownership: 102.46% [Q4 2024] → 99.84% (-2.62%) [Q1 2025]
5% less capital invested
Capital invested by funds: $438M [Q4 2024] → $416M (-$22.1M) [Q1 2025]
9% less funds holding
Funds holding: 229 [Q4 2024] → 209 (-20) [Q1 2025]
28% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 50
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$2
27%
downside
Avg. target
$2.69
2%
downside
High target
$3.50
28%
upside
6 analyst ratings
2 positive
33%
3 neutral
50%
1 negative
17%
BMO Capital John Kim | 28%upside $3.50 | Outperform Maintained | 13 Jun 2025 |
Piper Sandler Alexander Goldfarb | 27%downside $2 | Neutral Maintained | 23 May 2025 |
Wells Fargo Blaine Heck | 24%upside $3.40 | Overweight Maintained | 19 May 2025 |
Goldman Sachs Caitlin Burrows | 16%downside $2.30 | Neutral Maintained | 22 Apr 2025 |
Morgan Stanley Ronald Kamdem | 18%downside $2.25 | Underweight Maintained | 18 Mar 2025 |
Financial journalist opinion
Based on 6 articles about HPP published over the past 30 days
Neutral
Business Wire
3 days ago
Hudson Pacific Properties Announces Pricing of $600 Million Public Offering
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (“Hudson Pacific” or the “Company”) (NYSE: HPP) today announced the pricing of an underwritten public offering of 197,194,698 shares of its common stock and pre-funded warrants to purchase 71,863,597 shares of its common stock. The shares of common stock are being sold at a public offering price of $2.23 per share and the pre-funded warrants are being sold at a public offering price of $2.22 per warrant, which represents the per shar.
Neutral
Business Wire
3 days ago
Hudson Pacific Properties Announces Commencement of Public Offering
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (“Hudson Pacific” or the “Company”) (NYSE: HPP) today announced it has commenced a $600 million underwritten public offering of shares of its common stock and pre-funded warrants to purchase shares of its common stock pursuant to an effective registration statement filed with the Securities and Exchange Commission. The Company intends to grant the underwriters a 30-day option to purchase up to an additional $90 million of common stoc.
Neutral
Business Wire
4 days ago
Hudson Pacific Properties Declares Second Quarter 2025 Preferred Stock Dividend
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP) (the “Company”), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced that its Board of Directors has declared a dividend for the second quarter of 2025 on its 4.750% Series C cumulative preferred stock of $0.296875 per share, equivalent to an annual rate of $1.18750 per share, which will be paid on June 30, 2025 to preferred stockholders of record on June 20, 2025. About Hudso.
Negative
Seeking Alpha
2 weeks ago
U.S. REIT Same-Store Net Operating Income Growth Slips In Q1
US equity REITs reported a marginal decline in the median growth rate of their same-store NOI in Q1 as the commercial real estate market continues to face macroeconomic challenges. Among all US equity REITs, the healthcare sector recorded the largest year-over-year gain in same-store NOI during the first quarter, with a median increase of 7.1%. During the first quarter, the office segment incurred losses in its same-store NOI, posting a median year-over-year decline of 0.9%.
Negative
Seeking Alpha
3 weeks ago
The State Of REITs: May 2025 Edition
The REIT sector saw another month of red in April (-6.45%) and REITs now average a -9.10% return over the first 4 months of the year. Microcap (-8.87%) and small-cap REITs (-8.69%) endured bigger average losses than mid-caps (-5.45%) and large-caps (-2.93%). 84.62% of REIT securities had a negative total return in April.
Negative
Seeking Alpha
3 weeks ago
When Your REIT Will Cut Its Dividend
When Your REIT Will Cut Its Dividend
Positive
Seeking Alpha
1 month ago
An Identifiable Inflection Point For REITs
Dividend cut announcements trigger sharp REIT sell-offs, regardless of whether cuts are forced by trouble or are responsible capital allocation decisions. I consistently find opportunity in buying REITs after responsible dividend cuts, as the market often overreacts despite strong underlying fundamentals. Historical examples like WPC, BRX, KIM, WSR, and GOOD show significant price recovery after responsible cuts, offering attractive entry points for investors.
Positive
Seeking Alpha
1 month ago
Hudson Pacific: 14% On Bonds Beats The Preferreds By A Mile
We have rated HPP a sell since January 2024. The recent quarter once again validated the thesis. If you want to chase yield, go for the bonds where we think recovery to current price is possible in the best-case scenario.
Neutral
Seeking Alpha
1 month ago
Hudson Pacific Properties, Inc. (HPP) Q1 2025 Earnings Call Transcript
Hudson Pacific Properties, Inc. (NYSE:HPP ) Q1 2025 Earnings Conference Call May 7, 2025 5:00 PM ET Company Participants Laura Campbell - EVP, IR & Marketing Victor Coleman - Chairman & CEO Mark Lammas - President Harout Diramerian - CFO Arthur Suazo - EVP, Leasing Conference Call Participants Seth Bergey - Citigroup John Kim - BMO Capital Markets Connor Mitchell - Piper Sandler Tom Catherwood - BTIG Young Ku - Wells Fargo Peter Abramowitz - Jefferies Operator Good afternoon. My name is Alex, and I will be your conference operator for today.
Positive
Zacks Investment Research
1 month ago
Here's What Key Metrics Tell Us About Hudson Pacific (HPP) Q1 Earnings
Although the revenue and EPS for Hudson Pacific (HPP) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
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