Streetbeat News

HPP

Hudson Pacific Properties, Inc.

https://www.hudsonpacificproperties.com

Industry

REIT - Office

Hudson Pacific is a real estate investment trust with a portfolio of office and studio properties totaling nearly 19 million square feet, including land for development. Focused on premier West Coast epicenters of innovation, media and technology, its anchor tenants include Fortune 500 and leading growth companies such as Netflix, Google, Square, Uber, NFL Enterprises and more. Hudson Pacific is publicly traded on the NYSE under the symbol HPP, and listed as a component of the S&P MidCap 400 Index.

Open

3.22

Mkt cap

431M

Volume

3.7M

High

3.24

P/E Ratio

-1.46

52-wk high

9.86

Low

3.04

Div yield

0.03

52-wk low

3.04

B of A Securities has maintained an 'Underperform' rating on Hudson Pacific Properties and lowered its price target from $4.5 to $4.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 5:43 pm

Michael Burry's Scion Asset Management has revealed significant changes in its portfolio, with a strong focus on Chinese tech companies like Alibaba, Baidu, and JD.com. The portfolio also includes substantial investments in U.S. healthcare, fintech, and real estate sectors.

Portfolio Pulse from Kaustubh Bagalkote

August 15, 2024 | 5:19 am

Wolfe Research has downgraded Hudson Pacific Properties (NYSE:HPP) from Outperform to Peer Perform, as per analyst Andrew Rosivach.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 5:47 pm

Goldman Sachs analyst Caitlin Burrows maintains a Neutral rating on Hudson Pacific Properties (NYSE:HPP) but lowers the price target from $6.5 to $4.7.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 3:54 pm

Analysts have mixed ratings for Hudson Pacific Properties (NYSE:HPP) with recent adjustments showing a decline in price targets. The average 12-month price target is now $5.81, down from $7.00. The company faces financial challenges, including a 15.16% decline in revenue and high debt levels.

Portfolio Pulse from Benzinga Insights

August 08, 2024 | 1:00 pm

Hudson Pacific Properties shares are trading lower after the company reported worse-than-expected Q2 FFO results. Additionally, BMO Capital and Piper Sandler downgraded their ratings and lowered their price targets.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 11:27 am

Piper Sandler has downgraded Hudson Pacific Properties (NYSE:HPP) from Overweight to Neutral and lowered the price target from $7 to $6.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 10:49 am

BMO Capital has downgraded Hudson Pacific Properties (NYSE:HPP) from Outperform to Market Perform and lowered the price target from $8 to $6.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 9:31 am

Hudson Pacific Properties shares are trading lower after the company reported worse-than-expected Q2 FFO results.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 9:00 pm

Hudson Pacific Properties (HPP) has projected its Funds From Operations (FFO) for 2024 to be in the range of $0.08 to $0.12.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:55 pm

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