Boston Properties, Inc. (BXP) Shares Bought by Gulf International Bank UK Ltd

Gulf International Bank UK Ltd raised its holdings in Boston Properties, Inc. (NYSE:BXP) by 11.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 53,952 shares of the real estate investment trust’s stock after purchasing an additional 5,500 shares during the quarter. Gulf International Bank UK Ltd’s holdings in Boston Properties were worth $6,640,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of BXP. Allianz Asset Management GmbH lifted its stake in Boston Properties by 1.4% in the first quarter. Allianz Asset Management GmbH now owns 189,557 shares of the real estate investment trust’s stock worth $23,357,000 after acquiring an additional 2,619 shares during the last quarter. DnB Asset Management AS lifted its stake in Boston Properties by 5.6% in the second quarter. DnB Asset Management AS now owns 18,740 shares of the real estate investment trust’s stock worth $2,350,000 after acquiring an additional 1,000 shares during the last quarter. IFM Investors Pty Ltd lifted its stake in Boston Properties by 43.0% in the second quarter. IFM Investors Pty Ltd now owns 7,311 shares of the real estate investment trust’s stock worth $917,000 after acquiring an additional 2,198 shares during the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its stake in Boston Properties by 7.9% in the second quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 46,851 shares of the real estate investment trust’s stock worth $5,876,000 after acquiring an additional 3,431 shares during the last quarter. Finally, Westpac Banking Corp lifted its stake in Boston Properties by 29.4% in the second quarter. Westpac Banking Corp now owns 316,037 shares of the real estate investment trust’s stock worth $39,637,000 after acquiring an additional 71,756 shares during the last quarter. 94.31% of the stock is currently owned by hedge funds and other institutional investors.

A number of research analysts recently issued reports on the stock. Jefferies Financial Group reiterated a “hold” rating and issued a $118.00 price target on shares of Boston Properties in a research note on Wednesday, August 1st. Stifel Nicolaus lifted their price target on shares of Boston Properties from $130.00 to $135.00 and gave the stock a “hold” rating in a research note on Thursday, August 2nd. Barclays reiterated a “buy” rating and issued a $134.00 price target on shares of Boston Properties in a research note on Tuesday, August 21st. TheStreet upgraded shares of Boston Properties from a “c+” rating to a “b-” rating in a research note on Friday, August 3rd. Finally, SunTrust Banks lifted their price target on shares of Boston Properties to $137.00 and gave the stock a “hold” rating in a research note on Monday, August 20th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and eight have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $134.67.

Shares of NYSE:BXP opened at $124.26 on Friday. The company has a market cap of $19.11 billion, a PE ratio of 19.96, a P/E/G ratio of 3.24 and a beta of 0.57. The company has a quick ratio of 4.02, a current ratio of 3.74 and a debt-to-equity ratio of 1.36. Boston Properties, Inc. has a twelve month low of $111.57 and a twelve month high of $132.82.

Boston Properties (NYSE:BXP) last issued its quarterly earnings data on Tuesday, October 30th. The real estate investment trust reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.05. The business had revenue of $686.28 million during the quarter, compared to the consensus estimate of $674.30 million. Boston Properties had a net margin of 20.18% and a return on equity of 6.75%. The company’s revenue was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.76 EPS. On average, equities research analysts forecast that Boston Properties, Inc. will post 6.39 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 31st. Stockholders of record on Friday, September 28th were given a dividend of $0.80 per share. The ex-dividend date of this dividend was Thursday, September 27th. This represents a $3.20 annualized dividend and a dividend yield of 2.58%.

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About Boston Properties

Boston Properties is a fully integrated real estate company, organized as a real estate investment trust, that develops, redevelops, acquires, manages, operates and owns a diverse portfolio of primarily Class A office space totaling 50.2 million square feet and consisting of 166 office properties (including nine properties under construction), six residential properties (including three properties under construction), five retail properties and one hotel.

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Institutional Ownership by Quarter for Boston Properties (NYSE:BXP)

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