Jefferies Financial Group Inc. Buys New Shares in BXP, Inc. $BXP

Jefferies Financial Group Inc. bought a new position in shares of BXP, Inc. (NYSE:BXP) during the 2nd quarter, HoldingsChannel.com reports. The fund bought 26,000 shares of the real estate investment trust’s stock, valued at approximately $1,724,000.

Other large investors have also bought and sold shares of the company. Public Employees Retirement System of Ohio bought a new stake in BXP in the second quarter valued at $15,015,000. Adelante Capital Management LLC acquired a new stake in shares of BXP in the 2nd quarter valued at about $5,571,000. Corient Private Wealth LP acquired a new stake in shares of BXP in the 2nd quarter valued at about $2,728,000. Palogic Value Management L.P. bought a new stake in BXP in the 2nd quarter valued at about $848,000. Finally, Bamco Inc. NY bought a new stake in BXP in the 2nd quarter valued at about $20,725,000. 98.72% of the stock is currently owned by institutional investors and hedge funds.

BXP Stock Down 0.8%

Shares of NYSE:BXP opened at $69.39 on Friday. The business’s 50 day moving average is $68.43 and its 200 day moving average is $61.68. BXP, Inc. has a 12-month low of $49.72 and a 12-month high of $79.33. The stock has a market cap of $11.08 billion, a price-to-earnings ratio of 37.31, a PEG ratio of 2.59 and a beta of 1.01. The company has a quick ratio of 3.91, a current ratio of 3.91 and a debt-to-equity ratio of 2.07.

BXP (NYSE:BXP) last released its quarterly earnings results on Tuesday, July 28th. The real estate investment trust reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.03. BXP had a return on equity of 3.88% and a net margin of 8.44%.The business had revenue of $895.70 million during the quarter, compared to analyst estimates of $858.07 million. During the same period in the prior year, the firm posted $1.71 EPS. BXP’s quarterly revenue was up 3.1% compared to the same quarter last year. BXP has set its FY 2026 guidance at 6.990-7.050 EPS and its Q3 2026 guidance at 1.800-1.820 EPS. On average, sell-side analysts forecast that BXP, Inc. will post 7.02 earnings per share for the current fiscal year.

BXP Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th were issued a $0.70 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $2.80 annualized dividend and a dividend yield of 4.0%. BXP’s dividend payout ratio is currently 150.54%.

Analysts Set New Price Targets

BXP has been the topic of several recent research reports. BMO Capital Markets reiterated an “outperform” rating and issued a $68.00 price target on shares of BXP in a report on Tuesday, June 2nd. JPMorgan Chase & Co. upped their target price on BXP from $79.00 to $87.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 25th. Evercore set a $68.00 target price on BXP in a report on Monday, July 6th. Barclays lifted their price target on shares of BXP from $65.00 to $79.00 and gave the company an “overweight” rating in a research report on Tuesday, July 21st. Finally, Cantor Fitzgerald lowered their price objective on shares of BXP from $79.00 to $70.00 and set an “overweight” rating on the stock in a report on Friday, May 15th. Eleven analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $74.79.

Insider Activity at BXP

In related news, CFO Michael E. Labelle sold 26,113 shares of the firm’s stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $66.35, for a total transaction of $1,732,597.55. Following the transaction, the chief financial officer directly owned 5,839 shares of the company’s stock, valued at $387,417.65. This trade represents a 81.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.50% of the stock is currently owned by corporate insiders.

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.