Lasalle Investment Management Securities LLC Acquires 241,644 Shares of BXP, Inc. $BXP

Lasalle Investment Management Securities LLC increased its holdings in BXP, Inc. (NYSE:BXP) by 98.5% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 487,084 shares of the real estate investment trust’s stock after purchasing an additional 241,644 shares during the period. Lasalle Investment Management Securities LLC’s holdings in BXP were worth $25,280,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Elyxium Wealth LLC bought a new stake in shares of BXP in the 4th quarter valued at approximately $25,000. Princeton Global Asset Management LLC boosted its stake in BXP by 892.5% in the 4th quarter. Princeton Global Asset Management LLC now owns 397 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 357 shares in the last quarter. MUFG Securities EMEA plc acquired a new stake in BXP in the 2nd quarter valued at $29,000. Clearstead Advisors LLC grew its position in BXP by 109.4% in the fourth quarter. Clearstead Advisors LLC now owns 513 shares of the real estate investment trust’s stock valued at $35,000 after acquiring an additional 268 shares during the period. Finally, State of Wyoming grew its position in BXP by 45.5% in the fourth quarter. State of Wyoming now owns 617 shares of the real estate investment trust’s stock valued at $42,000 after acquiring an additional 193 shares during the period. Institutional investors own 98.72% of the company’s stock.

Insider Activity at BXP

In related news, SVP Eric G. Kevorkian sold 2,000 shares of the firm’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $59.85, for a total value of $119,700.00. Following the transaction, the senior vice president owned 311 shares in the company, valued at $18,613.35. This trade represents a 86.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Michael E. Labelle sold 26,113 shares of BXP stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $66.35, for a total value of $1,732,597.55. Following the completion of the sale, the chief financial officer owned 5,839 shares of the company’s stock, valued at approximately $387,417.65. The trade was a 81.73% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 33,176 shares of company stock worth $2,151,552 over the last 90 days. Insiders own 1.50% of the company’s stock.

BXP Trading Down 1.4%

BXP opened at $67.37 on Thursday. 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 $10.74 billion, a PE ratio of 33.85, a PEG ratio of 2.95 and a beta of 1.01. The company has a current ratio of 4.22, a quick ratio of 4.22 and a debt-to-equity ratio of 2.07. The firm has a 50-day moving average price of $64.61 and a two-hundred day moving average price of $61.00.

BXP (NYSE:BXP) last released its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $0.64 EPS for the quarter, missing the consensus estimate of $1.58 by ($0.94). BXP had a net margin of 9.09% and a return on equity of 4.13%. The company had revenue of $872.15 million for the quarter, compared to the consensus estimate of $843.11 million. During the same period last year, the company earned $1.64 earnings per share. BXP’s revenue for the quarter 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, equities analysts anticipate that BXP, Inc. will post 6.95 earnings per share for the current fiscal year.

BXP Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th will be paid a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend is Tuesday, June 30th. BXP’s dividend payout ratio is 140.70%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on BXP. Wall Street Zen lowered BXP from a “hold” rating to a “sell” rating in a research note on Saturday, July 18th. LADENBURG THALM/SH SH boosted their target price on shares of BXP from $70.00 to $80.00 and gave the company a “buy” rating in a research note on Wednesday, July 8th. Wells Fargo & Company increased their target price on shares of BXP from $69.00 to $77.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Deutsche Bank Aktiengesellschaft set a $61.00 target price on shares of BXP in a research report on Wednesday, May 13th. Finally, Barclays boosted their price target on shares of BXP from $65.00 to $79.00 and gave the company an “overweight” rating in a research report on Tuesday. Eleven equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $73.11.

About BXP

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.