Hudson Pacific Properties (HPP) was Downgraded to a Hold Rating at Robert W. Baird

In a report released today, Dave Rodgers from Robert W. Baird downgraded Hudson Pacific Properties (NYSE: HPP) to Hold. The company’s shares closed yesterday at $33.98.

According to TipRanks.com, Rodgers is a 4-star analyst with an average return of 8.3% and a 84.2% success rate. Rodgers covers the Financial sector, focusing on stocks such as Washington Real Estate Investment Trust, First Industrial Realty Trust, and Franklin Street Properties.

Hudson Pacific Properties has an analyst consensus of Moderate Buy, with a price target consensus of $38.50.

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The company has a one-year high of $36.06 and a one-year low of $28.25. Currently, Hudson Pacific Properties has an average volume of 788.4K.

Based on the recent corporate insider activity of 47 insiders, corporate insider sentiment is negative on the stock.

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Hudson Pacific Properties, Inc. is areal estate company. It owns, operates, develops and acquires office, media, and entertainment properties. The company operates through two segments: Office Properties and Media & Entertainment Properties. The Office Properties segment manages office properties located in California and Pacific Northwest.