Commerzbank Aktiengesellschaft FI Purchases 633 Shares of BXP, Inc. $BXP

Commerzbank Aktiengesellschaft FI boosted its stake in BXP, Inc. (NYSE:BXP) by 13.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,440 shares of the real estate investment trust’s stock after purchasing an additional 633 shares during the quarter. Commerzbank Aktiengesellschaft FI’s holdings in BXP were worth $368,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Callan Family Office LLC purchased a new stake in BXP in the second quarter valued at approximately $202,000. REAP Financial Group LLC increased its stake in BXP by 193.2% in the second quarter. REAP Financial Group LLC now owns 472 shares of the real estate investment trust’s stock valued at $32,000 after acquiring an additional 311 shares during the last quarter. Friedenthal Financial bought a new position in BXP in the second quarter valued at $947,000. Prime Capital Investment Advisors LLC increased its stake in BXP by 8.4% in the second quarter. Prime Capital Investment Advisors LLC now owns 3,794 shares of the real estate investment trust’s stock valued at $256,000 after acquiring an additional 295 shares during the last quarter. Finally, Vanderbilt University bought a new position in BXP in the second quarter valued at $735,000. 98.72% of the stock is owned by hedge funds and other institutional investors.

BXP Stock Down 2.8%

NYSE BXP opened at $69.48 on Friday. The company has a debt-to-equity ratio of 2.06, a current ratio of 3.76 and a quick ratio of 3.76. The stock has a market capitalization of $11.00 billion, a PE ratio of 2,316.77, a PEG ratio of 7.28 and a beta of 1.22. BXP, Inc. has a 1 year low of $54.22 and a 1 year high of $90.11. The business’s 50-day moving average is $71.77 and its 200 day moving average is $68.76.

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

BXP Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Investors 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 4.0%. BXP’s dividend payout ratio (DPR) is presently 9,333.33%.

Analyst Ratings Changes

BXP has been the topic of a number of research analyst reports. Citigroup increased their target price on BXP from $70.00 to $75.00 and gave the company a “neutral” rating in a research note on Wednesday, September 10th. Piper Sandler increased their target price on BXP from $80.00 to $90.00 and gave the company an “overweight” rating in a research note on Tuesday, September 9th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of BXP in a research note on Wednesday. Mizuho reduced their price objective on BXP from $86.00 to $82.00 and set an “outperform” rating on the stock in a research note on Monday, July 14th. Finally, JPMorgan Chase & Co. raised BXP from an “underweight” rating to a “neutral” rating and raised their price objective for the company from $72.00 to $78.00 in a research note on Monday, June 23rd. Six research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $77.88.

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.