Palogic Value Management L.P. Purchases Shares of 12,795 BXP, Inc. $BXP

Palogic Value Management L.P. acquired a new stake in BXP, Inc. (NYSE:BXP – Free Report) in the second quarter, HoldingsChannel reports. The institutional investor acquired 12,795 shares of the real estate investment trust’s stock, valued at approximately $848,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bamco Inc. NY bought a new stake in BXP in the second quarter valued at about $20,725,000. Bank of America Corp DE bought a new position in BXP during the second quarter worth about $186,471,000. Jupiter Topco LLC bought a new position in BXP during the second quarter worth about $4,636,000. J. Goldman & Co LP bought a new position in BXP during the second quarter worth about $4,004,000. Finally, Hsbc Holdings PLC acquired a new stake in BXP during the second quarter valued at approximately $50,793,000. 98.72% of the stock is owned by institutional investors.

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Insider Transactions at BXP

In related news, CFO Michael E. Labelle sold 26,113 shares of the company’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 owned 5,839 shares in the company, valued at $387,417.65. This represents a 81.73% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 1.50% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

BXP has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of BXP in a research note on Wednesday, August 12th. LADENBURG THALM/SH SH boosted their price target on BXP from $70.00 to $80.00 and gave the company a “buy” rating in a research note on Wednesday, July 8th. Scotiabank upped their price target on BXP from $74.00 to $76.00 and gave the company a “sector outperform” rating in a research report on Wednesday, August 5th. Wells Fargo & Company increased their price objective on BXP from $69.00 to $77.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. Finally, JPMorgan Chase & Co. lifted their price objective on BXP from $79.00 to $87.00 and gave the company an “overweight” rating in a report on Tuesday. Eleven analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $74.68.

View Our Latest Analysis on BXP

BXP Stock Down 2.4%

NYSE BXP opened at $70.42 on Thursday. The stock’s 50 day simple moving average is $68.24 and its 200 day simple moving average is $61.59. BXP, Inc. has a one year low of $49.72 and a one year high of $79.33. The firm has a market cap of $11.24 billion, a PE ratio of 37.86, a price-to-earnings-growth ratio of 2.69 and a beta of 1.01. The company has a debt-to-equity ratio of 2.07, a current ratio of 3.91 and a quick ratio of 3.91.

BXP (NYSE:BXP – Get Free Report) last issued its quarterly earnings data 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 firm had revenue of $895.70 million during the quarter, compared to the consensus estimate of $858.07 million. BXP had a return on equity of 3.88% and a net margin of 8.44%.The business’s revenue for the quarter was up 3.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $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. As a group, sell-side analysts forecast that BXP, Inc. will post 7.03 earnings per share for the current fiscal year.

BXP Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, June 30th were issued a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend was Tuesday, June 30th. BXP’s payout ratio is currently 150.54%.

About BXP

(Free Report)

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.

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