Commerzbank Aktiengesellschaft FI Buys Shares of 7,492 BXP, Inc. $BXP

Commerzbank Aktiengesellschaft FI purchased a new stake in BXP, Inc. (NYSE:BXP) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 7,492 shares of the real estate investment trust’s stock, valued at approximately $389,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in BXP. Elyxium Wealth LLC acquired a new position in BXP in the fourth quarter valued at approximately $25,000. Princeton Global Asset Management LLC grew its position in BXP by 892.5% in the fourth 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 period. MUFG Securities EMEA plc acquired a new stake in BXP during the second quarter worth $29,000. Clearstead Advisors LLC increased its stake in BXP by 109.4% during the fourth quarter. Clearstead Advisors LLC now owns 513 shares of the real estate investment trust’s stock worth $35,000 after acquiring an additional 268 shares during the last quarter. Finally, State of Wyoming raised its position in BXP by 45.5% in the fourth quarter. State of Wyoming now owns 617 shares of the real estate investment trust’s stock valued at $42,000 after purchasing an additional 193 shares during the period. Institutional investors and hedge funds own 98.72% of the company’s stock.

BXP Stock Down 1.4%

NYSE:BXP opened at $67.37 on Thursday. BXP, Inc. has a 52 week low of $49.72 and a 52 week high of $79.33. The stock’s fifty day moving average is $64.61 and its two-hundred day moving average is $61.00. The stock has a market capitalization of $10.74 billion, a price-to-earnings ratio of 33.85, a price-to-earnings-growth ratio of 2.95 and a beta of 1.01. 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 data on Tuesday, April 28th. The real estate investment trust reported $0.64 earnings per share for the quarter, missing analysts’ consensus estimates of $1.58 by ($0.94). The firm had revenue of $872.15 million during the quarter, compared to analyst estimates of $843.11 million. BXP had a net margin of 9.09% and a return on equity of 4.13%. The company’s quarterly revenue was up .8% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.64 earnings per share. BXP has set its Q2 2026 guidance at 1.690-1.710 EPS. Research analysts anticipate that BXP, Inc. will post 6.95 EPS for the current year.

BXP Announces Dividend

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

Insider Buying and Selling at BXP

In other BXP news, EVP Peter V. Otteni sold 4,863 shares of the business’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 sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Eric G. Kevorkian sold 2,000 shares of the business’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $59.85, for a total transaction of $119,700.00. Following the sale, the senior vice president owned 311 shares in the company, valued at $18,613.35. This trade represents a 86.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 33,176 shares of company stock valued at $2,151,552 in the last three months. 1.50% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on BXP. JPMorgan Chase & Co. decreased their price target on BXP from $82.00 to $79.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 1st. Truist Financial cut their price objective on BXP from $70.00 to $64.00 and set a “hold” rating for the company in a research report on Tuesday, May 26th. Evercore set a $68.00 price objective on shares of BXP in a report on Monday, July 6th. 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 report on Wednesday, July 8th. Finally, Weiss Ratings raised shares of BXP from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, July 8th. Eleven research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, BXP presently has a consensus rating of “Moderate Buy” and a consensus price target of $73.11.

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.