Hudson Pacific Properties Inc [HPP] stock Downgrade by Jefferies analyst, price target now $5

Hudson Pacific Properties Inc [NYSE: HPP] traded at a high on Wednesday, posting a 4.21 gain after which it closed the day’ session at $4.21.

The results of the trading session contributed to over 4956574 shares changing hands. Over the past one week, the price volatility of Hudson Pacific Properties Inc stands at 6.23% while the volatility over the past one month is 5.89%.

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The market cap for HPP stock reached $610.07 million, with 141.03 million shares outstanding and 137.19 million shares in the current float. Compared to the average trading volume of 2.27M shares, HPP reached a trading volume of 4956574 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Hudson Pacific Properties Inc [HPP]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HPP shares is $5.41 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HPP stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Jefferies have made an estimate for Hudson Pacific Properties Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on November 12, 2024. The new note on the price target was released on August 14, 2024, representing the official price target for Hudson Pacific Properties Inc stock. Previously, the target price had yet another drop from $7 to $6, while Piper Sandler kept a Neutral rating on HPP stock. On August 08, 2024, analysts decreased their price target for HPP shares from 8 to 6.

The Average True Range (ATR) for Hudson Pacific Properties Inc is set at 0.26, with the Price to Sales ratio for HPP stock in the period of the last 12 months amounting to 0.69. The Price to Book ratio for the last quarter was 0.22, with the Price to Cash per share for the same quarter was set at 0.69. Price to Free Cash Flow for HPP in the course of the last twelve months was 3.64.

How has HPP stock performed recently?

Hudson Pacific Properties Inc [HPP] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -6.86. With this latest performance, HPP shares dropped by -8.28% in over the last four-week period, additionally sinking by -25.88% over the last 6 months – not to mention a drop of -15.29% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HPP stock in for the last two-week period is set at 42.55, with the RSI for the last a single of trading hit 41.76, and the three-weeks RSI is set at 43.18 for Hudson Pacific Properties Inc [HPP]. The present Moving Average for the last 50 days of trading for this stock 4.64, while it was recorded at 4.37 for the last single week of trading, and 5.46 for the last 200 days.

Earnings analysis for Hudson Pacific Properties Inc [HPP]

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for HPP. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Hudson Pacific Properties Inc go to 36.48%.

Insider trade positions for Hudson Pacific Properties Inc [HPP]

There are presently around $109.68%, or 113.46%% of HPP stock, in the hands of institutional investors. The top three institutional holders of HPP stocks are: BLACKROCK INC. with ownership of 27.23 million shares, which is approximately 19.294%. VANGUARD GROUP INC, holding 21.04 million shares of the stock with an approximate value of $$101.22 million in HPP stocks shares; and VANGUARD GROUP INC, currently with $$40.7 million in HPP stock with ownership which is approximately 5.996%.