Sarasin & Partners LLP Trims Holdings in BXP, Inc. $BXP

Sarasin & Partners LLP cut its holdings in shares of BXP, Inc. (NYSE:BXP) by 4.7% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 15,696 shares of the real estate investment trust’s stock after selling 768 shares during the quarter. Sarasin & Partners LLP’s holdings in BXP were worth $1,059,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. Gilman Hill Asset Management LLC raised its position in BXP by 12.7% during the 2nd quarter. Gilman Hill Asset Management LLC now owns 13,684 shares of the real estate investment trust’s stock worth $923,000 after buying an additional 1,545 shares during the last quarter. Czech National Bank raised its holdings in shares of BXP by 6.5% during the second quarter. Czech National Bank now owns 35,604 shares of the real estate investment trust’s stock worth $2,402,000 after purchasing an additional 2,181 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of BXP by 0.9% during the first quarter. Goldman Sachs Group Inc. now owns 2,001,208 shares of the real estate investment trust’s stock worth $134,461,000 after purchasing an additional 17,385 shares during the last quarter. Jones Financial Companies Lllp raised its holdings in shares of BXP by 632.6% during the first quarter. Jones Financial Companies Lllp now owns 22,615 shares of the real estate investment trust’s stock worth $1,520,000 after purchasing an additional 19,528 shares during the last quarter. Finally, Banco Bilbao Vizcaya Argentaria S.A. raised its holdings in shares of BXP by 9.7% during the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 36,625 shares of the real estate investment trust’s stock worth $2,461,000 after purchasing an additional 3,224 shares during the last quarter. 98.72% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

BXP has been the subject of a number of recent research reports. Evercore ISI lowered BXP from an “outperform” rating to an “in-line” rating and set a $76.00 price objective for the company. in a research note on Tuesday, September 9th. Wall Street Zen cut BXP from a “hold” rating to a “sell” rating in a research report on Saturday. Morgan Stanley lifted their target price on shares of BXP from $62.00 to $65.00 and gave the company an “equal weight” rating in a report on Wednesday, July 16th. Compass Point lowered shares of BXP from a “buy” rating to a “neutral” rating and set a $75.00 target price for the company. in a report on Wednesday, September 10th. Finally, The Goldman Sachs Group lifted their target price on shares of BXP from $67.00 to $76.00 and gave the company a “neutral” rating in a report on Thursday, September 11th. Five analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $77.06.

BXP Stock Up 1.5%

Shares of BXP opened at $78.95 on Wednesday. BXP, Inc. has a 52-week low of $54.22 and a 52-week high of $90.11. The company has a market capitalization of $12.50 billion, a PE ratio of 2,632.54, a price-to-earnings-growth ratio of 4.30 and a beta of 1.22. The stock has a fifty day simple moving average of $69.83 and a two-hundred day simple moving average of $67.86. The company has a quick ratio of 3.76, a current ratio of 3.76 and a debt-to-equity ratio of 2.06.

BXP (NYSE:BXP) last announced its quarterly earnings data on Tuesday, July 29th. The real estate investment trust reported $1.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.67 by $0.04. BXP had a net margin of 0.11% and a return on equity of 3.89%. The firm had revenue of $868.46 million during the quarter, compared to analyst estimates of $845.09 million. During the same quarter in the prior year, the firm posted $1.77 earnings per share. BXP’s quarterly revenue was up 2.1% on a year-over-year basis. BXP has set its FY 2025 guidance at 6.840-6.92 EPS. Q3 2025 guidance at 1.690-1.71 EPS. As a group, equities analysts forecast that BXP, Inc. will post 6.91 EPS for the current year.

BXP Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Tuesday, September 30th will be paid a $0.70 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $2.80 annualized dividend and a dividend yield of 3.5%. BXP’s dividend payout ratio is 13,066.67%.

BXP Profile

Boston Properties, Inc (NYSE: BXP) (BXP or the Company) is the largest publicly traded developer, owner, and manager of premier workplaces in the United States, concentrated in six dynamic gateway markets – Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. BXP has delivered places that power progress for our clients and communities for more than 50 years.