300,000 Shares in BXP, Inc. $BXP Bought by Pacific Heights Asset Management LLC

Pacific Heights Asset Management LLC bought a new stake in shares of BXP, Inc. (NYSE:BXP) during the second quarter, Holdings Channel.com reports. The fund bought 300,000 shares of the real estate investment trust’s stock, valued at approximately $19,893,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Elyxium Wealth LLC purchased a new stake in shares of BXP during the fourth quarter worth about $25,000. MUFG Securities EMEA plc acquired a new position in shares of BXP during the 2nd quarter valued at about $29,000. Clearstead Advisors LLC grew its stake in shares of BXP by 109.4% in the 4th quarter. Clearstead Advisors LLC now owns 513 shares of the real estate investment trust’s stock valued at $35,000 after buying an additional 268 shares during the period. Silvant Capital Management LLC acquired a new stake in BXP during the second quarter worth $41,000. Finally, State of Wyoming raised its holdings in BXP by 45.5% in the 4th quarter. State of Wyoming now owns 617 shares of the real estate investment trust’s stock valued at $42,000 after buying an additional 193 shares during the period. Institutional investors and hedge funds own 98.72% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Scotiabank increased their target price on BXP from $74.00 to $76.00 and gave the stock a “sector outperform” rating in a research note on Wednesday, August 5th. UBS Group boosted their price objective on BXP from $61.00 to $70.00 and gave the stock a “neutral” rating in a research report on Tuesday. Wall Street Zen upgraded shares of BXP from a “sell” rating to a “hold” rating in a research note on Saturday, August 15th. Barclays boosted their price target on shares of BXP from $65.00 to $79.00 and gave the stock an “overweight” rating in a report on Tuesday, July 21st. Finally, Weiss Ratings upgraded shares of BXP from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, July 8th. Eleven analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $74.79.

BXP Stock Down 0.4%

BXP stock opened at $70.03 on Friday. The company has a debt-to-equity ratio of 2.07, a current ratio of 3.91 and a quick ratio of 3.91. The firm has a market capitalization of $11.18 billion, a PE ratio of 37.65, a P/E/G ratio of 2.63 and a beta of 1.01. BXP, Inc. has a 12 month low of $49.72 and a 12 month high of $79.33. The company’s 50 day simple moving average is $68.34 and its 200-day simple moving average is $61.63.

BXP (NYSE:BXP) last posted its quarterly earnings data 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. The company had revenue of $895.70 million during the quarter, compared to the consensus estimate of $858.07 million. BXP had a net margin of 8.44% and a return on equity of 3.88%. The company’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.71 EPS. BXP has set its FY 2026 guidance at 6.990-7.050 EPS and its Q3 2026 guidance at 1.800-1.820 EPS. Equities analysts expect that BXP, Inc. will post 7.03 earnings per share for the current fiscal year.

BXP Dividend Announcement

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

Insider Buying and Selling

In other BXP news, CFO Michael E. Labelle sold 26,113 shares of the company’s stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $66.35, for a total value of $1,732,597.55. Following the completion of the transaction, the chief financial officer owned 5,839 shares in the company, valued at approximately $387,417.65. This represents a 81.73% decrease in their position. 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 insiders.

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.