Hudson Pacific Properties, Inc. (NYSE:HPP) Stake Raised by XTX Topco Ltd

XTX Topco Ltd grew its position in shares of Hudson Pacific Properties, Inc. (NYSE:HPP - Free Report) by 122.4% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 201,911 shares of the real estate investment trust's stock after buying an additional 111,104 shares during the quarter. XTX Topco Ltd owned 0.14% of Hudson Pacific Properties worth $612,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of HPP. Xponance Inc. purchased a new position in Hudson Pacific Properties during the 4th quarter worth $30,000. Opinicus Capital Inc. purchased a new position in shares of Hudson Pacific Properties in the 4th quarter valued at about $32,000. Cibc World Markets Corp purchased a new position in shares of Hudson Pacific Properties in the 4th quarter valued at about $39,000. Mutual Advisors LLC purchased a new position in shares of Hudson Pacific Properties in the 4th quarter valued at about $44,000. Finally, Sanctuary Advisors LLC purchased a new position in shares of Hudson Pacific Properties in the 4th quarter valued at about $45,000. Hedge funds and other institutional investors own 97.58% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the stock. Morgan Stanley reiterated an "underweight" rating and issued a $1.75 price target on shares of Hudson Pacific Properties in a report on Tuesday, April 15th. Mizuho cut their target price on shares of Hudson Pacific Properties from $5.00 to $3.00 and set a "neutral" rating for the company in a research report on Tuesday, January 7th. BMO Capital Markets raised shares of Hudson Pacific Properties from a "market perform" rating to an "outperform" rating and boosted their price objective for the company from $4.00 to $5.00 in a research report on Friday, March 28th. Wells Fargo & Company raised shares of Hudson Pacific Properties from an "equal weight" rating to an "overweight" rating and set a $4.00 price objective for the company in a research report on Monday, March 10th. Finally, Jefferies Financial Group assumed coverage on shares of Hudson Pacific Properties in a report on Monday, March 17th. They issued a "hold" rating and a $2.70 target price for the company. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $3.14.

Hudson Pacific Properties Stock Up 2.5 %

Shares of Hudson Pacific Properties stock traded up $0.06 during trading hours on Thursday, hitting $2.30. 517,564 shares of the company's stock traded hands, compared to its average volume of 2,867,142. The stock has a 50 day simple moving average of $2.75 and a 200-day simple moving average of $3.27. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 1.47. The company has a market cap of $324.41 million, a PE ratio of -0.89 and a beta of 1.30. Hudson Pacific Properties, Inc. has a twelve month low of $2.00 and a twelve month high of $6.29.

Hudson Pacific Properties (NYSE:HPP - Get Free Report) last issued its quarterly earnings results on Thursday, February 20th. The real estate investment trust reported $0.11 EPS for the quarter, topping the consensus estimate of $0.10 by $0.01. Hudson Pacific Properties had a negative net margin of 44.01% and a negative return on equity of 12.64%. The business had revenue of $209.67 million for the quarter, compared to analysts' expectations of $207.95 million. Equities research analysts anticipate that Hudson Pacific Properties, Inc. will post 0.45 earnings per share for the current fiscal year.

Hudson Pacific Properties Company Profile

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.