Insider Selling: BXP (NYSE:BXP) SVP Sells 200 Shares of Stock

BXP, Inc. (NYSE:BXP) SVP Eric Kevorkian sold 200 shares of the business’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $60.23, for a total value of $12,046.00. Following the completion of the transaction, the senior vice president owned 2,311 shares in the company, valued at $139,191.53. This trade represents a 7.96% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

BXP Stock Up 1.0%

NYSE BXP traded up $0.62 on Tuesday, reaching $60.91. The stock had a trading volume of 256,845 shares, compared to its average volume of 2,304,135. The company has a market capitalization of $9.71 billion, a price-to-earnings ratio of 30.61, a P/E/G ratio of 2.60 and a beta of 1.04. The business has a 50 day moving average price of $55.84 and a 200 day moving average price of $62.39. BXP, Inc. has a 1 year low of $49.72 and a 1 year high of $79.33. The company has a current ratio of 4.22, a quick ratio of 4.22 and a debt-to-equity ratio of 2.07.

BXP (NYSE:BXP) last released its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $0.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.58 by ($0.94). The company had revenue of $872.15 million for the quarter, compared to the consensus estimate of $843.11 million. BXP had a return on equity of 4.13% and a net margin of 9.09%.The business’s revenue was up .8% compared to the same quarter last year. During the same quarter last year, the company posted $1.64 EPS. BXP has set its Q2 2026 guidance at 1.690-1.710 EPS. On average, analysts forecast that BXP, Inc. will post 6.96 EPS for the current fiscal year.

BXP Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Tuesday, March 31st were paid a dividend of $0.70 per share. The ex-dividend date was Tuesday, March 31st. This represents a $2.80 annualized dividend and a yield of 4.6%. BXP’s dividend payout ratio is presently 140.70%.

Institutional Trading of BXP

Hedge funds have recently modified their holdings of the company. Allianz Asset Management GmbH lifted its position in shares of BXP by 57.7% in the 3rd quarter. Allianz Asset Management GmbH now owns 149,860 shares of the real estate investment trust’s stock worth $11,141,000 after acquiring an additional 54,803 shares during the period. SG Americas Securities LLC lifted its position in shares of BXP by 546.2% in the 4th quarter. SG Americas Securities LLC now owns 43,708 shares of the real estate investment trust’s stock worth $2,949,000 after acquiring an additional 36,944 shares during the period. Barclays PLC lifted its position in shares of BXP by 14.9% in the 3rd quarter. Barclays PLC now owns 1,261,556 shares of the real estate investment trust’s stock worth $93,784,000 after acquiring an additional 163,949 shares during the period. Nan Fung Trinity HK Ltd. lifted its position in shares of BXP by 94.9% in the 3rd quarter. Nan Fung Trinity HK Ltd. now owns 91,224 shares of the real estate investment trust’s stock worth $6,782,000 after acquiring an additional 44,424 shares during the period. Finally, APG Asset Management US Inc. lifted its position in shares of BXP by 3.2% in the 3rd quarter. APG Asset Management US Inc. now owns 7,401,513 shares of the real estate investment trust’s stock worth $564,883,000 after acquiring an additional 232,591 shares during the period. Institutional investors own 98.72% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on BXP. JPMorgan Chase & Co. decreased their target price on BXP from $82.00 to $79.00 and set an “overweight” rating for the company in a research note on Wednesday, April 1st. Deutsche Bank Aktiengesellschaft set a $61.00 target price on BXP in a research note on Wednesday, May 13th. Citigroup decreased their target price on BXP from $68.00 to $58.00 and set a “neutral” rating for the company in a research note on Wednesday, April 15th. Wall Street Zen upgraded BXP from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Finally, The Goldman Sachs Group set a $72.00 target price on BXP in a research note on Wednesday, February 4th. Ten research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, BXP presently has an average rating of “Hold” and an average price target of $71.60.

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.