Deutsche Bank AG Buys New Position in BXP, Inc. $BXP

Deutsche Bank AG purchased a new stake in BXP, Inc. (NYSE:BXP) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 678,800 shares of the real estate investment trust’s stock, valued at approximately $45,011,000.

A number of other large investors also recently modified their holdings of BXP. Cohen & Steers Inc. boosted its holdings in shares of BXP by 41.4% during the fourth quarter. Cohen & Steers Inc. now owns 15,382,890 shares of the real estate investment trust’s stock valued at $1,038,176,000 after acquiring an additional 4,503,738 shares during the period. Norges Bank acquired a new stake in BXP during the fourth quarter valued at approximately $689,419,000. Geode Capital Management LLC lifted its holdings in shares of BXP by 1.3% during 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 last quarter. Invesco Ltd. boosted its holdings in shares of BXP by 5.2% in the fourth quarter. Invesco Ltd. now owns 4,101,236 shares of the real estate investment trust’s stock worth $276,751,000 after buying an additional 204,258 shares during the period. Finally, Boston Partners grew its position in BXP by 17.6% during the 3rd quarter. Boston Partners now owns 3,538,351 shares of the real estate investment trust’s stock worth $263,031,000 after purchasing an additional 529,158 shares in the last quarter. 98.72% of the stock is currently owned by institutional investors.

BXP Stock Down 0.4%

NYSE:BXP opened at $67.50 on Friday. The stock’s fifty day moving average price is $67.88 and its two-hundred day moving average price is $61.44. The company has a debt-to-equity ratio of 2.07, a quick ratio of 3.91 and a current ratio of 3.91. The company has a market cap of $10.78 billion, a price-to-earnings ratio of 36.29, a P/E/G ratio of 2.53 and a beta of 1.01. BXP, Inc. has a 52-week low of $49.72 and a 52-week high of $79.33.

BXP (NYSE:BXP) last issued its earnings results on Tuesday, July 28th. The real estate investment trust reported $0.43 earnings per share (EPS) 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 for the quarter was up 3.1% on a year-over-year basis. During the same quarter last year, the firm earned $1.71 EPS. BXP has set its FY 2026 guidance at 6.990-7.050 EPS and its Q3 2026 guidance at 1.800-1.820 EPS. On average, analysts anticipate that BXP, Inc. will post 7.03 EPS for the current year.

BXP Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th were paid a dividend of $0.70 per share. The ex-dividend date was Tuesday, June 30th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 4.1%. BXP’s dividend payout ratio is currently 150.54%.

Insider Activity at BXP

In other news, CFO Michael E. Labelle sold 26,113 shares of the business’s stock in a transaction dated 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 directly owned 5,839 shares in the company, valued at $387,417.65. The trade was a 81.73% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.50% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research firms have weighed in on BXP. Piper Sandler upped their price objective on shares of BXP from $75.00 to $86.00 and gave the company an “overweight” rating in a research note on Tuesday, July 21st. LADENBURG THALM/SH SH raised their price objective on shares of BXP from $70.00 to $80.00 and gave the company a “buy” rating in a research report on Wednesday, July 8th. Weiss Ratings upgraded BXP from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, July 8th. Mizuho boosted their target price on shares of BXP from $62.00 to $68.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 21st. Finally, Wells Fargo & Company boosted their target price on shares of BXP from $69.00 to $77.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Eleven analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, BXP currently has an average rating of “Moderate Buy” and a consensus target price of $74.58.

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.