Louisiana State Employees Retirement System Acquires Shares of 7,500 BXP, Inc. $BXP

Louisiana State Employees Retirement System bought a new position in BXP, Inc. (NYSE:BXP) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 7,500 shares of the real estate investment trust’s stock, valued at approximately $389,000.

Several other large investors have also bought and sold shares of the company. Elyxium Wealth LLC purchased a new stake in shares of BXP during the fourth quarter valued at approximately $25,000. Princeton Global Asset Management LLC raised its holdings in BXP by 892.5% in the 4th quarter. Princeton Global Asset Management LLC now owns 397 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 357 shares during the last quarter. MUFG Securities EMEA plc bought a new position in BXP in the 2nd quarter valued at approximately $29,000. Clearstead Advisors LLC lifted its position in BXP by 109.4% in the 4th quarter. Clearstead Advisors LLC now owns 513 shares of the real estate investment trust’s stock valued at $35,000 after acquiring an additional 268 shares in the last quarter. Finally, State of Wyoming lifted its position in BXP by 45.5% in the 4th quarter. State of Wyoming now owns 617 shares of the real estate investment trust’s stock valued at $42,000 after acquiring an additional 193 shares in the last quarter. 98.72% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have commented on BXP shares. Wall Street Zen raised BXP from a “sell” rating to a “hold” rating in a report on Sunday, June 14th. Citigroup dropped their price objective on BXP from $68.00 to $58.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 15th. BMO Capital Markets reiterated an “outperform” rating and issued a $68.00 price objective on shares of BXP in a report on Tuesday, June 2nd. LADENBURG THALM/SH SH upped their target price on shares of BXP from $70.00 to $80.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, JPMorgan Chase & Co. dropped their price target on shares of BXP from $82.00 to $79.00 and set an “overweight” rating on the stock in a report on Wednesday, April 1st. Eleven analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $70.95.

Insider Buying and Selling at BXP

In other news, EVP Peter V. Otteni sold 4,863 shares of the company’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $59.06, for a total transaction of $287,208.78. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Michael E. Labelle sold 26,113 shares of the stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $66.35, for a total transaction of $1,732,597.55. Following the completion of the transaction, the chief financial officer owned 5,839 shares in the company, valued at $387,417.65. This trade represents a 81.73% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 33,176 shares of company stock worth $2,151,552 in the last three months. 1.50% of the stock is currently owned by company insiders.

BXP Price Performance

NYSE BXP opened at $66.72 on Thursday. The stock has a market capitalization of $10.64 billion, a price-to-earnings ratio of 33.53, a PEG ratio of 2.96 and a beta of 1.01. BXP, Inc. has a 1-year low of $49.72 and a 1-year high of $79.33. The company has a debt-to-equity ratio of 2.07, a current ratio of 4.22 and a quick ratio of 4.22. The business’s fifty day moving average price is $62.76 and its 200-day moving average price is $61.05.

BXP (NYSE:BXP) last issued its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $0.64 EPS for the quarter, missing the consensus estimate of $1.58 by ($0.94). The firm had revenue of $872.15 million during the quarter, compared to the consensus estimate of $843.11 million. BXP had a return on equity of 4.13% and a net margin of 9.09%.The business’s revenue was up .8% on a year-over-year basis. During the same period in the previous year, the firm earned $1.64 EPS. 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 earnings per share for the current year.

BXP Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th will be paid a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date is Tuesday, June 30th. BXP’s payout ratio is currently 140.70%.

About BXP

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.