BXP, Inc. $BXP Shares Bought by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC raised its holdings in BXP, Inc. (NYSE:BXP) by 28.0% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 65,283 shares of the real estate investment trust’s stock after purchasing an additional 14,276 shares during the period. Kestra Private Wealth Services LLC’s holdings in BXP were worth $3,388,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of BXP. Barclays PLC raised its holdings in shares of BXP by 14.9% in the third quarter. Barclays PLC now owns 1,261,556 shares of the real estate investment trust’s stock worth $93,784,000 after acquiring an additional 163,949 shares during the last quarter. SG Americas Securities LLC boosted its stake in shares of BXP by 546.2% during the fourth quarter. SG Americas Securities LLC now owns 43,708 shares of the real estate investment trust’s stock valued at $2,949,000 after acquiring an additional 36,944 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of BXP by 9.4% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 450,591 shares of the real estate investment trust’s stock valued at $30,559,000 after acquiring an additional 38,639 shares during the last quarter. Handelsbanken Fonder AB increased its position in BXP by 45.7% during the 3rd quarter. Handelsbanken Fonder AB now owns 57,100 shares of the real estate investment trust’s stock worth $4,245,000 after purchasing an additional 17,900 shares in the last quarter. Finally, Fisher Asset Management LLC increased its position in BXP by 18.8% during the 3rd quarter. Fisher Asset Management LLC now owns 250,316 shares of the real estate investment trust’s stock worth $18,609,000 after purchasing an additional 39,682 shares in the last quarter. 98.72% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other BXP news, CFO Michael E. Labelle sold 26,113 shares of the stock in a transaction that occurred on 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 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 SEC, which is accessible through this hyperlink. Also, EVP Peter V. Otteni sold 4,863 shares of BXP stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $59.06, for a total transaction of $287,208.78. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 33,176 shares of company stock valued at $2,151,552. Insiders own 1.50% of the company’s stock.

BXP Stock Up 2.5%

Shares of NYSE:BXP opened at $67.31 on Friday. The company has a current ratio of 4.22, a quick ratio of 4.22 and a debt-to-equity ratio of 2.07. The firm has a market cap of $10.73 billion, a price-to-earnings ratio of 33.82, a PEG ratio of 2.91 and a beta of 1.04. The stock’s 50-day moving average price is $61.12 and its two-hundred day moving average price is $61.23. BXP, Inc. has a 12-month low of $49.72 and a 12-month high of $79.33.

BXP (NYSE:BXP) last posted its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $0.64 EPS for the quarter, missing analysts’ consensus estimates of $1.58 by ($0.94). The company had revenue of $872.15 million for the quarter, compared to analyst estimates of $843.11 million. BXP had a net margin of 9.09% and a return on equity of 4.13%. The company’s revenue was up .8% compared to the same quarter last year. During the same period in the prior year, the company earned $1.64 EPS. BXP has set its Q2 2026 guidance at 1.690-1.710 EPS. On average, research analysts forecast that BXP, Inc. will post 6.95 EPS for the current year.

BXP Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, June 30th will be given a dividend of $0.70 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.80 annualized dividend and a yield of 4.2%. BXP’s dividend payout ratio is 140.70%.

Analysts Set New Price Targets

BXP has been the topic of a number of recent research reports. Truist Financial reduced their target price on shares of BXP from $70.00 to $64.00 and set a “hold” rating on the stock in a report on Tuesday, May 26th. UBS Group lowered their price target on shares of BXP from $66.00 to $61.00 and set a “neutral” rating for the company in a report on Thursday, May 14th. Barclays cut their price objective on shares of BXP from $66.00 to $65.00 and set an “overweight” rating for the company in a research report on Monday, May 18th. Scotiabank raised shares of BXP from a “sector perform” rating to a “sector outperform” rating and upped their price objective for the company from $65.00 to $70.00 in a research note on Thursday, June 18th. Finally, Cantor Fitzgerald decreased their target price on shares of BXP from $79.00 to $70.00 and set an “overweight” rating on the stock in a research report on Friday, May 15th. Eleven equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $70.90.

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.