BXP (NYSE:BXP) SVP Sells $12,046.00 in Stock

BXP, Inc. (NYSE:BXP) SVP Eric Kevorkian sold 200 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $60.23, for a total value of $12,046.00. Following the transaction, the senior vice president owned 2,311 shares in the company, valued at approximately $139,191.53. The trade was a 7.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

BXP Price Performance

Shares of BXP stock opened at $60.65 on Friday. The firm has a market cap of $9.67 billion, a P/E ratio of 30.48, a P/E/G ratio of 2.62 and a beta of 1.04. BXP, Inc. has a fifty-two week low of $49.72 and a fifty-two week high of $79.33. The business’s 50 day moving average price is $56.33 and its 200-day moving average price is $62.18. The company has a debt-to-equity ratio of 2.07, a quick ratio of 4.22 and a current ratio of 4.22.

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 business 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%.BXP’s quarterly revenue was up .8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.64 earnings per share. BXP has set its Q2 2026 guidance at 1.690-1.710 EPS. On average, equities research analysts anticipate that BXP, Inc. will post 6.96 earnings per share for the current year.

BXP Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Tuesday, March 31st were given a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date was Tuesday, March 31st. BXP’s dividend payout ratio (DPR) is currently 140.70%.

Institutional Investors Weigh In On BXP

Several hedge funds have recently made changes to their positions in the company. Allianz Asset Management GmbH raised its stake in shares of BXP by 57.7% in the third quarter. Allianz Asset Management GmbH now owns 149,860 shares of the real estate investment trust’s stock worth $11,141,000 after purchasing an additional 54,803 shares during the last quarter. SG Americas Securities LLC raised its stake in shares of BXP by 546.2% in the fourth quarter. SG Americas Securities LLC now owns 43,708 shares of the real estate investment trust’s stock worth $2,949,000 after purchasing an additional 36,944 shares during the last quarter. Barclays PLC raised its stake in shares of BXP by 14.9% in the third quarter. Barclays PLC now owns 1,261,556 shares of the real estate investment trust’s stock worth $93,784,000 after purchasing an additional 163,949 shares during the last quarter. Nan Fung Trinity HK Ltd. raised its stake in shares of BXP by 94.9% in the third quarter. Nan Fung Trinity HK Ltd. now owns 91,224 shares of the real estate investment trust’s stock worth $6,782,000 after purchasing an additional 44,424 shares during the last quarter. Finally, APG Asset Management US Inc. raised its stake in shares of BXP by 3.2% in the third quarter. APG Asset Management US Inc. now owns 7,401,513 shares of the real estate investment trust’s stock worth $564,883,000 after purchasing an additional 232,591 shares during the last quarter. 98.72% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on BXP. Barclays cut their price objective on BXP from $66.00 to $65.00 and set an “overweight” rating on the stock in a research report on Monday, May 18th. JPMorgan Chase & Co. dropped their price target on BXP from $82.00 to $79.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 1st. Evercore set a $62.00 price target on BXP in a research report on Wednesday, April 29th. Citigroup dropped their price target on BXP from $68.00 to $58.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 15th. Finally, Wall Street Zen upgraded BXP from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. Ten investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $71.30.

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.