Apollon Wealth Management LLC Buys Shares of 3,256 BXP, Inc. $BXP

Apollon Wealth Management LLC purchased a new position in shares of BXP, Inc. (NYSE:BXP) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 3,256 shares of the real estate investment trust’s stock, valued at approximately $220,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. REAP Financial Group LLC lifted its stake in BXP by 193.2% in the second quarter. REAP Financial Group LLC now owns 472 shares of the real estate investment trust’s stock worth $32,000 after acquiring an additional 311 shares during the period. CX Institutional lifted its position in shares of BXP by 24.6% in the 2nd quarter. CX Institutional now owns 1,526 shares of the real estate investment trust’s stock worth $103,000 after purchasing an additional 301 shares during the period. Hilltop National Bank purchased a new stake in shares of BXP in the 2nd quarter worth approximately $111,000. Brooklyn Investment Group boosted its stake in shares of BXP by 124.6% during the first quarter. Brooklyn Investment Group now owns 1,927 shares of the real estate investment trust’s stock valued at $129,000 after purchasing an additional 1,069 shares in the last quarter. Finally, Callan Family Office LLC bought a new position in shares of BXP during the second quarter valued at approximately $202,000. 98.72% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Citigroup boosted their price objective on shares of BXP from $70.00 to $75.00 and gave the stock a “neutral” rating in a research note on Wednesday, September 10th. Mizuho cut their price target on BXP from $86.00 to $82.00 and set an “outperform” rating on the stock in a report on Monday, July 14th. Cantor Fitzgerald assumed coverage on BXP in a research report on Wednesday, October 1st. They issued an “overweight” rating and a $90.00 price target for the company. Compass Point cut BXP from a “buy” rating to a “neutral” rating and set a $75.00 price objective for the company. in a research note on Wednesday, September 10th. Finally, LADENBURG THALM/SH SH began coverage on BXP in a research note on Monday, October 13th. They issued a “buy” rating and a $85.00 target price on the stock. Eight research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $79.26.

BXP Stock Performance

Shares of BXP stock opened at $71.11 on Friday. BXP, Inc. has a 12-month low of $54.22 and a 12-month high of $90.11. The business’s fifty day simple moving average is $72.31 and its 200-day simple moving average is $68.87. The company has a current ratio of 3.76, a quick ratio of 3.76 and a debt-to-equity ratio of 2.06. The company has a market cap of $11.26 billion, a PE ratio of 2,371.12, a PEG ratio of 7.44 and a beta of 1.22.

BXP (NYSE:BXP) last posted its quarterly earnings data on Tuesday, July 29th. The real estate investment trust reported $1.71 earnings per share for the quarter, topping analysts’ consensus estimates of $1.67 by $0.04. BXP had a return on equity of 3.89% and a net margin of 0.11%.The firm had revenue of $868.46 million during the quarter, compared to analysts’ expectations of $845.09 million. During the same quarter last year, the firm earned $1.77 EPS. The business’s quarterly revenue was up 2.1% on a year-over-year basis. BXP has set its FY 2025 guidance at 6.840-6.92 EPS. Q3 2025 guidance at 1.690-1.71 EPS. Analysts expect that BXP, Inc. will post 6.91 earnings per share for the current fiscal year.

BXP Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Tuesday, September 30th will be issued a dividend of $0.70 per share. The ex-dividend date is Tuesday, September 30th. This represents a $2.80 annualized dividend and a dividend yield of 3.9%. BXP’s dividend payout ratio is 9,333.33%.

BXP Company Profile

Boston Properties, Inc (NYSE: BXP) (BXP or the Company) is the largest publicly traded developer, owner, and manager of premier workplaces in the United States, concentrated in six dynamic gateway markets – Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. BXP has delivered places that power progress for our clients and communities for more than 50 years.