BXP, Inc. (NYSE:BXP – Get Free Report) EVP Peter Otteni sold 4,863 shares of the business’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $59.06, for a total value of $287,208.78. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
BXP Trading Up 0.3%
Shares of NYSE BXP opened at $60.32 on Friday. The business’s 50 day moving average is $55.69 and its two-hundred day moving average is $62.51. The company has a debt-to-equity ratio of 2.07, a current ratio of 4.22 and a quick ratio of 4.22. BXP, Inc. has a 1-year low of $49.72 and a 1-year high of $79.33. The stock has a market capitalization of $9.62 billion, a P/E ratio of 30.31, a PEG ratio of 2.60 and a beta of 1.04.
BXP (NYSE:BXP – Get Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $0.64 earnings per share for the quarter, missing the consensus estimate of $1.58 by ($0.94). BXP had a return on equity of 4.13% and a net margin of 9.09%.The company had revenue of $872.15 million for the quarter, compared to the consensus estimate of $843.11 million. During the same period in the previous year, the firm earned $1.64 earnings per share. The company’s revenue was up .8% compared to the same quarter last year. BXP has set its Q2 2026 guidance at 1.690-1.710 EPS. As a group, research analysts expect that BXP, Inc. will post 6.96 EPS for the current year.
BXP Announces Dividend
Analyst Upgrades and Downgrades
Several equities research analysts have weighed in on the company. JPMorgan Chase & Co. reduced their price objective on BXP from $82.00 to $79.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 1st. Weiss Ratings cut BXP from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, April 27th. UBS Group reduced their price objective on BXP from $66.00 to $61.00 and set a “neutral” rating on the stock in a research note on Thursday, May 14th. Mizuho cut BXP from an “outperform” rating to a “neutral” rating and reduced their price objective for the stock from $79.00 to $62.00 in a research note on Tuesday, February 24th. Finally, Citigroup reduced their price objective on BXP from $68.00 to $58.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 15th. Ten investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, BXP has a consensus rating of “Hold” and a consensus price target of $71.60.
Get Our Latest Stock Analysis on BXP
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the business. Allianz Asset Management GmbH boosted its holdings in shares of BXP by 57.7% in the third quarter. Allianz Asset Management GmbH now owns 149,860 shares of the real estate investment trust’s stock valued at $11,141,000 after purchasing an additional 54,803 shares during the period. SG Americas Securities LLC boosted its holdings in shares of BXP by 546.2% in the fourth quarter. SG Americas Securities LLC now owns 43,708 shares of the real estate investment trust’s stock valued at $2,949,000 after purchasing an additional 36,944 shares during the period. Barclays PLC boosted its holdings in shares of BXP by 14.9% in the third quarter. Barclays PLC now owns 1,261,556 shares of the real estate investment trust’s stock valued at $93,784,000 after purchasing an additional 163,949 shares during the period. Nan Fung Trinity HK Ltd. boosted its holdings in shares of BXP by 94.9% in the third quarter. Nan Fung Trinity HK Ltd. now owns 91,224 shares of the real estate investment trust’s stock valued at $6,782,000 after purchasing an additional 44,424 shares during the period. Finally, APG Asset Management US Inc. boosted its holdings in shares of BXP by 3.2% in the third quarter. APG Asset Management US Inc. now owns 7,401,513 shares of the real estate investment trust’s stock valued at $564,883,000 after purchasing an additional 232,591 shares during the period. Institutional investors own 98.72% of the company’s stock.
BXP Company Profile
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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