Stock Traders Buy High Volume of BXP Call Options (NYSE:BXP)

BXP, Inc. (NYSE:BXP) saw some unusual options trading on Friday. Stock traders bought 8,883 call options on the stock. This is an increase of approximately 963% compared to the typical volume of 836 call options.

BXP Stock Performance

BXP stock traded down $0.29 during midday trading on Friday, reaching $69.68. 293,053 shares of the company were exchanged, compared to its average volume of 1,947,469. BXP has a one year low of $49.72 and a one year high of $79.33. The firm has a market capitalization of $11.13 billion, a price-to-earnings ratio of 37.46, a price-to-earnings-growth ratio of 2.63 and a beta of 1.01. The business has a 50-day moving average price of $68.34 and a two-hundred day moving average price of $61.63. The company has a debt-to-equity ratio of 2.07, a current ratio of 3.91 and a quick ratio of 3.91.

BXP (NYSE:BXP) last issued its quarterly earnings data on Tuesday, July 28th. The real estate investment trust reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.03. The company had revenue of $895.70 million for the quarter, compared to analyst estimates of $858.07 million. BXP had a net margin of 8.44% and a return on equity of 3.88%. The company’s revenue was up 3.1% on a year-over-year basis. During the same period in the prior year, the firm earned $1.71 earnings per share. 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 research analysts forecast that BXP will post 7.03 EPS for the current year.

BXP Dividend Announcement

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

Insider Activity at BXP

In related news, CFO Michael E. Labelle sold 26,113 shares of the firm’s stock in a transaction on 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 directly owned 5,839 shares of the company’s stock, valued at approximately $387,417.65. This trade represents a 81.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.50% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in BXP. Rehmann Capital Advisory Group lifted its holdings in shares of BXP by 4.3% during the second quarter. Rehmann Capital Advisory Group now owns 4,280 shares of the real estate investment trust’s stock worth $284,000 after buying an additional 175 shares in the last quarter. Keybank National Association OH grew its stake in shares of BXP by 5.4% in the fourth quarter. Keybank National Association OH now owns 3,578 shares of the real estate investment trust’s stock valued at $241,000 after acquiring an additional 183 shares in the last quarter. State of Wyoming increased its position in BXP by 45.5% during the fourth quarter. State of Wyoming now owns 617 shares of the real estate investment trust’s stock worth $42,000 after acquiring an additional 193 shares during the period. Minot DeBlois Advisors LLC increased its position in BXP by 2.5% during the fourth quarter. Minot DeBlois Advisors LLC now owns 7,902 shares of the real estate investment trust’s stock worth $533,000 after acquiring an additional 196 shares during the period. Finally, Rexford Capital Inc. raised its stake in BXP by 11.9% in the 4th quarter. Rexford Capital Inc. now owns 1,876 shares of the real estate investment trust’s stock worth $127,000 after purchasing an additional 200 shares in the last quarter. Institutional investors own 98.72% of the company’s stock.

Analyst Ratings Changes

BXP has been the topic of several analyst reports. UBS Group upped their price target on shares of BXP from $61.00 to $70.00 and gave the stock a “neutral” rating in a research report on Tuesday. Evercore set a $68.00 price objective on shares of BXP in a research note on Monday, July 6th. Truist Financial dropped 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. Piper Sandler reduced their price target on BXP from $90.00 to $88.00 and set an “overweight” rating for the company in a report on Thursday. Finally, Wall Street Zen raised BXP from a “sell” rating to a “hold” rating in a research report on Saturday, August 15th. Eleven research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, BXP currently has an average rating of “Moderate Buy” and an average price target of $74.79.

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.