BXP, Inc. $BXP Shares Sold by Goldman Sachs Group Inc.

Goldman Sachs Group Inc. decreased its position in shares of BXP, Inc. (NYSE:BXP) by 1.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,310,965 shares of the real estate investment trust’s stock after selling 40,713 shares during the period. Goldman Sachs Group Inc.’s holdings in BXP were worth $155,944,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in BXP during the fourth quarter worth approximately $689,419,000. APG Asset Management US Inc. increased its position in BXP by 3.2% during 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 buying an additional 232,591 shares during the period. Geode Capital Management LLC increased its holdings in shares of BXP by 1.3% in the fourth quarter. Geode Capital Management LLC now owns 4,270,027 shares of the real estate investment trust’s stock valued at $287,121,000 after purchasing an additional 55,621 shares during the period. Invesco Ltd. increased its holdings in shares of BXP by 44.9% in the third quarter. Invesco Ltd. now owns 3,896,978 shares of the real estate investment trust’s stock valued at $289,701,000 after purchasing an additional 1,207,607 shares during the period. Finally, Boston Partners increased its holdings in shares of BXP by 17.6% in the third quarter. Boston Partners now owns 3,538,351 shares of the real estate investment trust’s stock valued at $263,031,000 after purchasing an additional 529,158 shares during the period. Institutional investors and hedge funds own 98.72% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Peter V. Otteni sold 4,863 shares of the company’s 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 sale was disclosed in a document filed with the SEC, which is available at this link. Also, SVP Eric G. Kevorkian sold 2,000 shares of the company’s 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 transaction, the senior vice president directly owned 311 shares in the company, valued at $18,613.35. This represents a 86.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 7,063 shares of company stock worth $418,955 in the last ninety days. 1.50% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on BXP shares. JPMorgan Chase & Co. dropped their target price on BXP from $82.00 to $79.00 and set an “overweight” rating on the stock in a report on Wednesday, April 1st. Deutsche Bank Aktiengesellschaft set a $61.00 target price on BXP in a report on Wednesday, May 13th. Wall Street Zen lowered BXP from a “hold” rating to a “sell” rating in a report on Saturday. Barclays dropped their target price on BXP from $66.00 to $65.00 and set an “overweight” rating on the stock in a report on Monday, May 18th. Finally, Mizuho lowered BXP from an “outperform” rating to a “neutral” rating and dropped their target price for the company from $79.00 to $62.00 in a report on Tuesday, February 24th. Ten investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $70.65.

BXP Trading Down 0.1%

Shares of BXP stock opened at $62.30 on Monday. The business’s fifty day moving average price is $57.30 and its 200 day moving average price is $61.75. BXP, Inc. has a 1-year low of $49.72 and a 1-year high of $79.33. The firm has a market capitalization of $9.93 billion, a PE ratio of 31.30, a P/E/G ratio of 2.69 and a beta of 1.04. The company has a debt-to-equity ratio of 2.07, a current ratio of 4.22 and a quick ratio of 4.22.

BXP (NYSE:BXP) last announced 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). BXP had a return on equity of 4.13% and a net margin of 9.09%.The business had revenue of $872.15 million for the quarter, compared to analyst estimates of $843.11 million. During the same period in the prior year, the company earned $1.64 EPS. The company’s revenue was up .8% on a year-over-year basis. BXP has set its Q2 2026 guidance at 1.690-1.710 EPS. As a group, sell-side analysts forecast that BXP, Inc. will post 6.95 EPS for the current fiscal year.

BXP Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Tuesday, March 31st were issued a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend was Tuesday, March 31st. BXP’s dividend payout ratio is currently 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.