BXP, Inc. $BXP Position Boosted by BNP Paribas Financial Markets

BNP Paribas Financial Markets raised its holdings in shares of BXP, Inc. (NYSE:BXP) by 3.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 341,657 shares of the real estate investment trust’s stock after acquiring an additional 10,775 shares during the quarter. BNP Paribas Financial Markets owned approximately 0.22% of BXP worth $23,055,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Norges Bank acquired a new stake in BXP in the 4th quarter worth approximately $689,419,000. Invesco Ltd. lifted its holdings in BXP by 44.9% in the 3rd quarter. Invesco Ltd. now owns 3,896,978 shares of the real estate investment trust’s stock worth $289,701,000 after purchasing an additional 1,207,607 shares during the last quarter. Daiwa Securities Group Inc. lifted its holdings in BXP by 76.8% in the 3rd quarter. Daiwa Securities Group Inc. now owns 2,012,057 shares of the real estate investment trust’s stock worth $149,576,000 after purchasing an additional 873,974 shares during the last quarter. Bamco Inc. NY acquired a new stake in BXP in the 2nd quarter worth approximately $38,580,000. Finally, Boston Partners lifted its holdings in BXP by 17.6% in the 3rd quarter. Boston Partners now owns 3,538,351 shares of the real estate investment trust’s stock worth $263,031,000 after purchasing an additional 529,158 shares during the last quarter. Institutional investors own 98.72% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Peter V. Otteni sold 4,863 shares of the company’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $59.06, for a total value of $287,208.78. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Eric G. Kevorkian sold 2,000 shares of the company’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $59.85, for a total value of $119,700.00. Following the completion of the transaction, the senior vice president owned 311 shares of the company’s stock, valued at $18,613.35. The trade was a 86.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 7,063 shares of company stock valued at $418,955 over the last 90 days. 1.50% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on BXP shares. Cantor Fitzgerald reduced their target price on BXP from $79.00 to $70.00 and set an “overweight” rating for the company in a report on Friday, May 15th. Piper Sandler reduced their target price on BXP from $87.00 to $75.00 and set an “overweight” rating for the company in a report on Wednesday, April 1st. BMO Capital Markets restated an “outperform” rating and issued a $68.00 target price on shares of BXP in a report on Tuesday. UBS Group reduced their target price on BXP from $66.00 to $61.00 and set a “neutral” rating for the company in a report on Thursday, May 14th. Finally, Wells Fargo & Company boosted their target price on BXP from $69.00 to $77.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. Ten analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat.com, BXP has a consensus rating of “Hold” and a consensus target price of $70.65.

BXP Stock Up 0.4%

Shares of BXP stock opened at $62.30 on Friday. BXP, Inc. has a 12 month low of $49.72 and a 12 month high of $79.33. The firm has a market cap of $9.93 billion, a PE ratio of 31.30, a price-to-earnings-growth ratio of 2.68 and a beta of 1.04. The stock has a 50 day moving average of $57.30 and a 200-day moving average of $61.80. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 2.07.

BXP (NYSE:BXP) last issued its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $0.64 EPS for the quarter, missing analysts’ consensus estimates of $1.58 by ($0.94). BXP had a return on equity of 4.13% and a net margin of 9.09%.The business had revenue of $872.15 million for the quarter, compared to analyst estimates of $843.11 million. During the same quarter last year, the firm earned $1.64 earnings per share. The firm’s quarterly revenue was up .8% compared to the same quarter last year. BXP has set its Q2 2026 guidance at 1.690-1.710 EPS. On average, equities analysts predict that BXP, Inc. will post 6.95 EPS for the current year.

BXP Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Tuesday, March 31st were paid a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date was Tuesday, March 31st. BXP’s dividend payout ratio is presently 140.70%.

BXP Company Profile

Boston Properties, Inc (NYSE: BXP) is a publicly traded real estate investment trust (REIT) specializing in the ownership, management, and development of Class A office properties across major U.S. markets. Headquartered in Boston, Massachusetts, the company’s portfolio comprises high-quality office buildings, mixed-use developments and select retail assets designed to serve leading corporations in key metropolitan areas.

Established in 1970 by Mortimer B. Zuckerman, Boston Properties has grown through disciplined acquisitions and strategic ground-up developments.