2,999 Shares in BXP, Inc. $BXP Acquired by Callan Family Office LLC

Callan Family Office LLC purchased a new position in shares of BXP, Inc. (NYSE:BXP) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 2,999 shares of the real estate investment trust’s stock, valued at approximately $202,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. REAP Financial Group LLC increased its holdings in BXP by 193.2% during the 2nd quarter. REAP Financial Group LLC now owns 472 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 311 shares during the last quarter. CX Institutional increased its holdings in BXP by 24.6% during the 2nd quarter. CX Institutional now owns 1,526 shares of the real estate investment trust’s stock worth $103,000 after purchasing an additional 301 shares during the last quarter. Hilltop National Bank purchased a new stake in BXP during the 2nd quarter worth approximately $111,000. Brooklyn Investment Group increased its holdings in BXP by 124.6% during the 1st quarter. Brooklyn Investment Group now owns 1,927 shares of the real estate investment trust’s stock worth $129,000 after purchasing an additional 1,069 shares during the last quarter. Finally, Patton Fund Management Inc. purchased a new stake in BXP during the 2nd quarter worth approximately $226,000. 98.72% of the stock is owned by institutional investors and hedge funds.

BXP Price Performance

Shares of BXP opened at $71.11 on Friday. The company has a market cap of $11.26 billion, a P/E ratio of 2,371.12, a PEG ratio of 7.37 and a beta of 1.22. The stock has a fifty day moving average price of $72.31 and a 200 day moving average price of $68.86. The company has a debt-to-equity ratio of 2.06, a current ratio of 3.76 and a quick ratio of 3.76. BXP, Inc. has a 12 month low of $54.22 and a 12 month high of $90.11.

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

BXP Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Tuesday, September 30th will be given a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date is Tuesday, September 30th. BXP’s payout ratio is 9,333.33%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on BXP. JPMorgan Chase & Co. upgraded BXP from a “neutral” rating to an “overweight” rating and set a $83.00 price objective on the stock in a report on Friday. Scotiabank dropped their price objective on BXP from $81.00 to $77.00 and set a “sector perform” rating on the stock in a report on Thursday, August 28th. New Street Research set a $85.00 price objective on BXP in a report on Monday. Citigroup lifted their price objective on BXP from $70.00 to $75.00 and gave the stock a “neutral” rating in a report on Wednesday, September 10th. Finally, BMO Capital Markets lowered their price target on BXP from $86.00 to $84.00 and set an “outperform” rating for the company in a report on Tuesday, September 9th. Eight 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. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $79.26.

About BXP

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.