Forsta AP Fonden cut its holdings in shares of BXP, Inc. (NYSE:BXP – Free Report) by 34.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 31,300 shares of the real estate investment trust’s stock after selling 16,600 shares during the quarter. Forsta AP Fonden’s holdings in BXP were worth $2,112,000 as of its most recent SEC filing.
Other institutional investors have also made changes to their positions in the company. Elyxium Wealth LLC acquired a new position in shares of BXP during the 4th quarter worth approximately $25,000. Princeton Global Asset Management LLC increased its holdings in shares of BXP by 892.5% during 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 acquired a new position in shares of BXP during the 2nd quarter worth approximately $29,000. Clearstead Advisors LLC increased its holdings in shares of BXP by 109.4% during the 4th 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, Avalon Trust Co acquired a new position in shares of BXP during the 3rd quarter worth approximately $36,000. 98.72% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of research firms recently weighed in on BXP. Evercore set a $62.00 target price on BXP in a report on Wednesday, April 29th. Truist Financial decreased their price objective on BXP from $70.00 to $64.00 and set a “hold” rating on the stock in a report on Tuesday, May 26th. Deutsche Bank Aktiengesellschaft set a $61.00 price objective on BXP in a report on Wednesday, May 13th. Weiss Ratings lowered BXP from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, April 27th. Finally, JPMorgan Chase & Co. decreased their price objective on BXP from $82.00 to $79.00 and set an “overweight” rating on the stock in a report on Wednesday, April 1st. Ten equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $70.65.
Insider Buying and Selling at BXP
In other news, EVP Peter V. Otteni sold 4,863 shares of the stock in a transaction on Wednesday, May 20th. The stock was 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 SEC, which is available through the SEC website. Also, SVP Eric G. Kevorkian sold 2,000 shares of the stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $59.85, for a total value of $119,700.00. Following the sale, the senior vice president directly owned 311 shares in the company, valued at approximately $18,613.35. This trade represents a 86.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 7,063 shares of company stock worth $418,955. 1.50% of the stock is currently owned by insiders.
BXP Price Performance
Shares of BXP stock opened at $61.12 on Wednesday. BXP, Inc. has a twelve month low of $49.72 and a twelve month high of $79.33. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 2.07. The company has a 50-day simple moving average of $56.58 and a two-hundred day simple moving average of $62.00. The stock has a market capitalization of $9.75 billion, a price-to-earnings ratio of 30.71, a price-to-earnings-growth ratio of 2.55 and a beta of 1.04.
BXP (NYSE:BXP – Get Free Report) 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 the consensus estimate 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 during the quarter, compared to analyst estimates of $843.11 million. During the same quarter last year, the firm earned $1.64 EPS. BXP’s revenue for the quarter was up .8% compared to the same quarter last year. BXP has set its Q2 2026 guidance at 1.690-1.710 EPS. Analysts forecast that BXP, Inc. will post 6.95 EPS for the current year.
BXP Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Tuesday, March 31st were issued a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend was Tuesday, March 31st. BXP’s dividend payout ratio is 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.
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