Boston Partners raised its position in shares of Boston Properties, Inc. (NYSE:BXP) by 4.2% during the second quarter, Holdings Channel reports. The institutional investor owned 2,567,727 shares of the real estate investment trust’s stock after buying an additional 102,358 shares during the period. Boston Partners’ holdings in Boston Properties were worth $315,881,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Private Vista LLC boosted its position in Boston Properties by 0.6% in the first quarter. Private Vista LLC now owns 3,048 shares of the real estate investment trust’s stock worth $386,000 after buying an additional 17 shares in the last quarter. United Asset Strategies Inc. boosted its position in Boston Properties by 1.0% in the first quarter. United Asset Strategies Inc. now owns 7,972 shares of the real estate investment trust’s stock worth $1,056,000 after buying an additional 81 shares in the last quarter. Pacer Advisors Inc. boosted its position in Boston Properties by 3.3% in the first quarter. Pacer Advisors Inc. now owns 3,449 shares of the real estate investment trust’s stock worth $457,000 after buying an additional 110 shares in the last quarter. Mn Services Vermogensbeheer B.V. boosted its position in Boston Properties by 2.8% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 4,101 shares of the real estate investment trust’s stock worth $508,000 after buying an additional 112 shares in the last quarter. Finally, Shell Asset Management Co. boosted its position in Boston Properties by 1.0% in the first quarter. Shell Asset Management Co. now owns 13,632 shares of the real estate investment trust’s stock worth $1,805,000 after buying an additional 139 shares in the last quarter. Hedge funds and other institutional investors own 94.52% of the company’s stock.

Shares of Boston Properties, Inc. (NYSE:BXP) opened at 121.27 on Friday. The stock’s 50 day moving average price is $121.62 and its 200-day moving average price is $127.79. The stock has a market cap of $18.71 billion, a price-to-earnings ratio of 41.11 and a beta of 0.64. Boston Properties, Inc. has a 52-week low of $113.69 and a 52-week high of $143.94.

Boston Properties (NYSE:BXP) last issued its earnings results on Tuesday, August 1st. The real estate investment trust reported $1.67 EPS for the quarter, beating the Zacks’ consensus estimate of $1.62 by $0.05. Boston Properties had a net margin of 18.18% and a return on equity of 5.98%. The business had revenue of $656.90 million for the quarter, compared to the consensus estimate of $645.96 million. During the same quarter last year, the firm posted $1.44 EPS. The business’s revenue for the quarter was up 5.4% compared to the same quarter last year. On average, analysts predict that Boston Properties, Inc. will post $2.78 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Monday, July 31st. Stockholders of record on Friday, June 30th were paid a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.47%. The ex-dividend date of this dividend was Wednesday, June 28th. Boston Properties’s dividend payout ratio is presently 102.04%.

TRADEMARK VIOLATION NOTICE: “Boston Properties, Inc. (NYSE:BXP) Position Raised by Boston Partners” was originally reported by Watch List News and is owned by of Watch List News. If you are viewing this piece on another publication, it was illegally stolen and republished in violation of U.S. and international copyright and trademark law. The correct version of this piece can be viewed at https://www.watchlistnews.com/boston-properties-inc-nysebxp-position-raised-by-boston-partners/1473865.html.

A number of analysts have issued reports on the company. TheStreet raised Boston Properties from a “c” rating to a “b-” rating in a research report on Tuesday, August 1st. Jefferies Group LLC reissued a “hold” rating and issued a $121.00 target price on shares of Boston Properties in a research report on Friday, July 14th. BidaskClub lowered Boston Properties from a “hold” rating to a “sell” rating in a research report on Saturday, July 8th. Royal Bank Of Canada reissued a “buy” rating and issued a $150.00 target price on shares of Boston Properties in a research report on Wednesday, July 5th. Finally, Zacks Investment Research lowered Boston Properties from a “hold” rating to a “sell” rating in a research report on Tuesday, July 18th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and five have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $136.33.

Boston Properties Company Profile

Boston Properties, Inc is a real estate investment trust. The Company is an owner and developer of office properties in the United States. Its segments by geographic area are Boston, New York, San Francisco and Washington, DC. Its segments by property type include Office, Residential and Hotel. As of December 31, 2016, the Company owned or had interests in 174 commercial real estate properties, aggregating approximately 47.7 million net rentable square feet of primarily Class A office properties, including eight properties under construction/redevelopment totaling approximately 4.0 million net rentable square feet.

Want to see what other hedge funds are holding BXP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Boston Properties, Inc. (NYSE:BXP).

Institutional Ownership by Quarter for Boston Properties (NYSE:BXP)

Receive News & Ratings for Boston Properties Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boston Properties Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.