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 7,419 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
110% more call options, than puts
Call options by funds: $5.81M | Put options by funds: $2.77M
100% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 2 (+1) [Q4]
8% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 76
2.24% less ownership
Funds ownership: 104.74% [Q3] → 102.5% (-2.24%) [Q4]
8% less funds holding
Funds holding: 248 [Q3] → 228 (-20) [Q4]
26% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 66
38% less capital invested
Capital invested by funds: $707M [Q3] → $438M (-$268M) [Q4]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$2.25
1%
upside
Avg. target
$3.11
40%
upside
High target
$5
125%
upside
7 analyst ratings
2 positive
29%
4 neutral
57%
1 negative
14%
Goldman Sachs Caitlin Burrows 44% 1-year accuracy 11 / 25 met price target | 4%upside $2.30 | Neutral Maintained | 22 Apr 2025 |
Piper Sandler Alexander Goldfarb 38% 1-year accuracy 16 / 42 met price target | 13%upside $2.50 | Neutral Maintained | 15 Apr 2025 |
BMO Capital John Kim 50% 1-year accuracy 7 / 14 met price target | 125%upside $5 | Outperform Upgraded | 28 Mar 2025 |
Morgan Stanley Ronald Kamdem 60% 1-year accuracy 9 / 15 met price target | 1%upside $2.25 | Underweight Maintained | 18 Mar 2025 |
Jefferies Peter Abramowitz 6% 1-year accuracy 1 / 16 met price target | 22%upside $2.70 | Hold Initiated | 17 Mar 2025 |
Financial journalist opinion
Neutral
Business Wire
3 weeks ago
Hudson Pacific Completes $475 Million CMBS Financing
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 the completion of a commercial mortgage-backed securities (“CMBS”) financing for a portfolio of six office properties with total gross proceeds of $475 million. The portfolio, which comprises assets located throughout the company's west coast markets, includes 11601 Wilshire, Element LA, 450 Alaskan, 5th & Bell, 275 Bran.
Neutral
Business Wire
4 weeks ago
Hudson Pacific Properties Announces Date for First 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 first quarter financial results after market close on Wednesday, May 7, 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 HudsonPaci.
Positive
Seeking Alpha
1 month ago
The State Of REITs: March 2025 Edition
REITs bounced back (+1.77%) in February and now have a positive year-to-date total return (+0.79%) after the first two months of the year. Large cap (+4.58%), small cap (+2.00%) and mid cap REITs (+0.98%) performed well in February while micro caps (-1.55%) continued to badly underperform their larger peers. 64.97% of REIT securities had a positive total in February.
Neutral
Business Wire
1 month ago
Hudson Pacific Properties Declares First 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 first 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 March 31, 2025 to preferred stockholders of record on March 21, 2025. About Huds.
Positive
Seeking Alpha
1 month ago
Winners Of REIT Earnings Season
In Part 2 of our Earnings Recap, we present a sector-by-sector breakdown of the Winners of REIT Earnings Season, discussing incremental positives/negatives and noting the individual standouts. Healthcare REITs were the leaders this earnings season, with results showing robust momentum in senior housing fundamentals, while tenant operator issues improved across other healthcare sub-sectors. Results from Net Lease, Casino, and Residential Mortgage REITs - several of the most rate-sensitive sectors - were also surprisingly steady despite the interest rate turbulence in late 2024.
Positive
Seeking Alpha
1 month ago
5 REITs Ripe For Buyout
M&A is beneficial for target shareholders, offering premiums of 10%-50%, and identifying potential buyout targets involves analyzing specific features like discount to NAV and valuation disparity. REITs trading below NAV, especially in hot asset classes, are prime M&A candidates. Willingness to sell, management incentives, and operational synergies are crucial factors in determining a company's likelihood of being acquired.
Neutral
Business Wire
1 month ago
Hudson Pacific Properties to Participate in Citi's 2025 Global Property CEO Conference
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 that Victor Coleman, Chairman and Chief Executive Officer, and other members of the company's senior management will participate in a roundtable discussion at Citi's 2025 Global Property CEO Conference on Monday, March 3, 2025 at 5:00 p.m. ET. The following is a link to the live, listen-only webcast of the discussion on the.
Positive
Seeking Alpha
1 month ago
REIT Replay: REIT Share Prices Tick Up During Week Ended Feb. 21
Share prices for US equity real estate investment trusts ticked up slightly during the week ended Feb. 21, outperforming the broader stock market. Looking at the Dow Jones US real estate property sector indexes, the retail REIT index logged the largest increase during the recent week, up 0.84%, followed by the apartment REIT index at 0.80%.
Negative
Seeking Alpha
2 months ago
Hudson Pacific Properties: Stick A Fork In It
Hudson Pacific Properties Inc. reported Q4-2024 results and showed a big drop in NOI for the year. Q4-2024 results show a drop in FFO to 11 cents and AFFO to 2 cents per share, with debt to EBITDA rising to 11.1X. Guidance for 2025 indicates another massive decline in same property NOI.
Neutral
Seeking Alpha
2 months ago
Hudson Pacific Properties, Inc. (HPP) Q4 2024 Earnings Call Transcript
Hudson Pacific Properties, Inc. (NYSE:HPP ) Q4 2024 Earnings Conference Call February 20, 2025 5:00 PM ET Company Participants Laura Campbell - Executive Vice President, Investor Relations & Marketing Victor Coleman - Chairman & Chief Executive Officer Mark Lammas - President Harout Diramerian - Chief Financial Officer Art Suazo - Executive Vice President, Leasing Conference Call Participants Tom Catherwood - BTIG Michael Griffin - Citi Blaine Heck - Wells Fargo Connor Mitchell - Piper Sandler Ronald Kamdem - Morgan Stanley Caitlin Burrows - Goldman Sachs Dylan Burzinski - Green Street Rich Anderson - Wedbush John Kim - BMO Capital Markets Operator Good afternoon. My name is Cameron and I will be your conference operator today.
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