CVA Family Office LLC Boosts Holdings in BXP, Inc. $BXP

CVA Family Office LLC boosted its holdings in shares of BXP, Inc. (NYSE:BXP) by 12.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,055 shares of the real estate investment trust’s stock after acquiring an additional 226 shares during the period. CVA Family Office LLC’s holdings in BXP were worth $139,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Truist Financial Corp increased its stake in shares of BXP by 1.2% during the 2nd quarter. Truist Financial Corp now owns 11,987 shares of the real estate investment trust’s stock worth $809,000 after purchasing an additional 145 shares in the last quarter. Venture Visionary Partners LLC grew its holdings in BXP by 3.1% during the 2nd quarter. Venture Visionary Partners LLC now owns 7,712 shares of the real estate investment trust’s stock valued at $520,000 after buying an additional 230 shares during the last quarter. Naviter Wealth LLC increased its position in BXP by 3.4% during the second quarter. Naviter Wealth LLC now owns 7,003 shares of the real estate investment trust’s stock worth $479,000 after buying an additional 232 shares in the last quarter. Prime Capital Investment Advisors LLC increased its position in BXP by 8.4% during the second quarter. Prime Capital Investment Advisors LLC now owns 3,794 shares of the real estate investment trust’s stock worth $256,000 after buying an additional 295 shares in the last quarter. Finally, CX Institutional raised its holdings in shares of BXP by 24.6% in the second quarter. CX Institutional now owns 1,526 shares of the real estate investment trust’s stock worth $103,000 after acquiring an additional 301 shares during the last quarter. Hedge funds and other institutional investors own 98.72% of the company’s stock.

BXP Stock Performance

NYSE:BXP opened at $74.19 on Friday. The firm’s fifty day simple moving average is $73.15 and its 200 day simple moving average is $69.35. The company has a current ratio of 3.76, a quick ratio of 3.76 and a debt-to-equity ratio of 2.06. BXP, Inc. has a twelve month low of $54.22 and a twelve month high of $88.72. The firm has a market capitalization of $11.75 billion, a price-to-earnings ratio of 2,473.69, a PEG ratio of 7.76 and a beta of 1.22.

BXP (NYSE:BXP) last announced its quarterly earnings results on Tuesday, July 29th. The real estate investment trust reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate 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 quarterly revenue was up 2.1% compared to the same quarter last year. During the same period in the prior year, the firm 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. As a group, equities research analysts expect that BXP, Inc. will post 6.91 earnings per share for the current fiscal year.

BXP Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Tuesday, September 30th will be given a dividend of $0.70 per share. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $2.80 annualized dividend and a yield of 3.8%. BXP’s payout ratio is 9,333.33%.

Analyst Ratings Changes

A number of analysts recently commented on BXP shares. Weiss Ratings reiterated a “hold (c-)” rating on shares of BXP in a research report on Friday. Citigroup lifted their price target on shares of BXP from $70.00 to $75.00 and gave the stock a “neutral” rating in a report on Wednesday, September 10th. Wall Street Zen lowered shares of BXP from a “hold” rating to a “sell” rating in a research report on Saturday, September 13th. The Goldman Sachs Group set a $77.00 price objective on BXP and gave the stock a “neutral” rating in a report on Friday, October 17th. Finally, Morgan Stanley boosted 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. Eight investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, BXP has a consensus rating of “Hold” and an average price target of $79.26.

BXP Company 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.