Infrastructure Capital Advisors LLC Takes Position in BXP, Inc. $BXP

Infrastructure Capital Advisors LLC purchased a new position in BXP, Inc. (NYSE:BXP) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 11,099 shares of the real estate investment trust’s stock, valued at approximately $736,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. BlackRock Inc. bought a new position in BXP in the second quarter worth approximately $1,192,349,000. Cohen & Steers Inc. boosted its position in BXP by 41.4% during the 4th quarter. Cohen & Steers Inc. now owns 15,382,890 shares of the real estate investment trust’s stock valued at $1,038,176,000 after acquiring an additional 4,503,738 shares in the last quarter. Norges Bank purchased a new position in shares of BXP in the 4th quarter valued at $689,419,000. Geode Capital Management LLC increased its holdings in shares of BXP by 1.3% in the 4th quarter. Geode Capital Management LLC now owns 4,270,027 shares of the real estate investment trust’s stock valued at $287,121,000 after acquiring an additional 55,621 shares during the period. Finally, Invesco Ltd. raised its position in shares of BXP by 5.2% in the 4th quarter. Invesco Ltd. now owns 4,101,236 shares of the real estate investment trust’s stock worth $276,751,000 after acquiring an additional 204,258 shares in the last quarter. 98.72% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on BXP shares. Citigroup upped their price objective on BXP from $58.00 to $69.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 4th. Cantor Fitzgerald decreased their price objective on BXP from $79.00 to $70.00 and set an “overweight” rating for the company in a report on Friday, May 15th. Scotiabank raised their price objective on BXP from $74.00 to $76.00 and gave the stock a “sector outperform” rating in a research report on Wednesday, August 5th. Evercore set a $68.00 target price on BXP in a research report on Monday, July 6th. Finally, Wall Street Zen upgraded BXP from a “sell” rating to a “hold” rating in a research note on Saturday, August 15th. Eleven equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $74.58.

BXP Trading Down 0.3%

NYSE BXP opened at $67.50 on Monday. BXP, Inc. has a 12-month low of $49.72 and a 12-month high of $79.33. The company has a fifty day simple moving average of $67.88 and a two-hundred day simple moving average of $61.43. The company has a current ratio of 3.91, a quick ratio of 3.91 and a debt-to-equity ratio of 2.07. The stock has a market cap of $10.78 billion, a P/E ratio of 36.29, a P/E/G ratio of 2.53 and a beta of 1.01.

BXP (NYSE:BXP) last released its earnings results 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 for 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 firm’s revenue was up 3.1% on a year-over-year basis. During the same period in the prior year, the firm earned $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. On average, analysts forecast that BXP, Inc. will post 7.03 earnings per share for the current year.

BXP Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th were paid a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Tuesday, June 30th. BXP’s dividend payout ratio (DPR) is presently 150.54%.

Insider Activity at BXP

In related news, CFO Michael E. Labelle sold 26,113 shares of the company’s stock in a transaction that occurred on 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 sale, the chief financial officer owned 5,839 shares in the company, valued at $387,417.65. This represents a 81.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.50% of the stock is owned by company insiders.

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.