BXP, Inc. $BXP Shares Bought by Natixis Advisors LLC

Natixis Advisors LLC lifted its position in shares of BXP, Inc. (NYSE:BXP) by 17.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 257,677 shares of the real estate investment trust’s stock after acquiring an additional 38,109 shares during the quarter. Natixis Advisors LLC owned 0.16% of BXP worth $19,156,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of BXP. First Trust Advisors LP boosted its position in shares of BXP by 1.9% in the 3rd quarter. First Trust Advisors LP now owns 41,123 shares of the real estate investment trust’s stock worth $3,057,000 after buying an additional 754 shares in the last quarter. Barclays PLC boosted its stake in shares of BXP by 14.9% during the third quarter. Barclays PLC now owns 1,261,556 shares of the real estate investment trust’s stock valued at $93,784,000 after acquiring an additional 163,949 shares during the last quarter. Dimensional Fund Advisors LP increased its position in BXP by 1.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,256,924 shares of the real estate investment trust’s stock worth $167,785,000 after purchasing an additional 37,438 shares in the last quarter. Victory Capital Management Inc. increased its position in BXP by 114.7% during the 3rd quarter. Victory Capital Management Inc. now owns 88,469 shares of the real estate investment trust’s stock worth $6,577,000 after purchasing an additional 47,259 shares in the last quarter. Finally, Fisher Asset Management LLC raised its stake in BXP by 18.8% in the 3rd quarter. Fisher Asset Management LLC now owns 250,316 shares of the real estate investment trust’s stock valued at $18,609,000 after purchasing an additional 39,682 shares during the last quarter. Institutional investors and hedge funds own 98.72% of the company’s stock.

BXP Stock Performance

BXP stock opened at $52.15 on Thursday. The stock’s 50-day moving average is $62.62 and its 200-day moving average is $68.80. The company has a market cap of $8.27 billion, a price-to-earnings ratio of 29.97, a price-to-earnings-growth ratio of 2.28 and a beta of 1.01. The company has a debt-to-equity ratio of 2.21, a current ratio of 5.36 and a quick ratio of 5.36. BXP, Inc. has a 12 month low of $49.72 and a 12 month high of $79.33.

BXP Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 29th. Investors of record on Wednesday, December 31st were given a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 5.4%. The ex-dividend date of this dividend was Wednesday, December 31st. BXP’s dividend payout ratio is 160.92%.

Insider Activity at BXP

In other BXP news, EVP Hilary J. Spann sold 5,495 shares of BXP stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $59.69, for a total transaction of $327,996.55. Following the transaction, the executive vice president directly owned 17,832 shares of the company’s stock, valued at $1,064,392.08. The trade was a 23.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Owen D. Thomas sold 1,198 shares of the business’s stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $61.22, for a total transaction of $73,341.56. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 7,887 shares of company stock worth $476,930 in the last 90 days. 1.49% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on BXP shares. Evercore cut their price objective on shares of BXP from $76.00 to $73.00 and set an “in-line” rating for the company in a research report on Thursday, January 29th. The Goldman Sachs Group set a $72.00 target price on shares of BXP in a research note on Wednesday, February 4th. Barclays reduced their price target on BXP from $81.00 to $66.00 and set an “overweight” rating on the stock in a research note on Thursday, February 26th. Royal Bank Of Canada raised BXP to an “outperform” rating in a research report on Thursday, December 4th. Finally, Weiss Ratings upgraded BXP from a “sell (d+)” rating to a “hold (c)” rating in a research report on Monday, March 2nd. Ten analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $75.00.

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.