BXP, Inc. $BXP Shares Sold by Horizon Investments LLC

Horizon Investments LLC lessened its stake in shares of BXP, Inc. (NYSE:BXP) by 8.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 122,359 shares of the real estate investment trust’s stock after selling 11,819 shares during the period. Horizon Investments LLC owned 0.08% of BXP worth $8,257,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Benjamin Edwards Inc. raised its holdings in BXP by 2.5% in the 3rd quarter. Benjamin Edwards Inc. now owns 6,544 shares of the real estate investment trust’s stock valued at $487,000 after buying an additional 159 shares during the period. Envestnet Portfolio Solutions Inc. increased its stake in BXP by 2.5% during the third quarter. Envestnet Portfolio Solutions Inc. now owns 6,476 shares of the real estate investment trust’s stock worth $481,000 after purchasing an additional 160 shares during the period. Stonehaven Wealth & Tax Solutions LLC grew its position in shares of BXP by 4.6% during the fourth quarter. Stonehaven Wealth & Tax Solutions LLC now owns 3,691 shares of the real estate investment trust’s stock worth $249,000 after buying an additional 162 shares in the last quarter. Sage Mountain Advisors LLC increased its stake in shares of BXP by 4.8% during the fourth quarter. Sage Mountain Advisors LLC now owns 3,722 shares of the real estate investment trust’s stock worth $251,000 after buying an additional 171 shares during the period. Finally, Signaturefd LLC increased its stake in shares of BXP by 2.5% during the fourth quarter. Signaturefd LLC now owns 7,383 shares of the real estate investment trust’s stock worth $498,000 after buying an additional 179 shares during the period. 98.72% of the stock is currently owned by hedge funds and other institutional investors.

BXP Price Performance

BXP stock opened at $59.37 on Friday. The company has a market capitalization of $9.42 billion, a P/E ratio of 29.83, a PEG ratio of 2.53 and a beta of 1.04. BXP, Inc. has a twelve month low of $49.72 and a twelve month high of $79.33. The business has a 50 day simple moving average of $54.97 and a 200-day simple moving average of $63.76. The company has a current ratio of 4.22, a quick ratio of 5.36 and a debt-to-equity ratio of 2.07.

BXP (NYSE:BXP) last posted 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). The firm had revenue of $872.15 million during the quarter, compared to analyst estimates of $843.11 million. BXP had a net margin of 9.09% and a return on equity of 4.13%. BXP’s revenue was up .8% compared to the same quarter last year. During the same period in the previous year, the company posted $1.64 earnings per share. BXP has set its Q2 2026 guidance at 1.690-1.710 EPS. As a group, equities analysts anticipate that BXP, Inc. will post 6.98 EPS for the current year.

BXP Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Tuesday, March 31st were issued a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend was Tuesday, March 31st. BXP’s dividend payout ratio is presently 140.70%.

Insider Activity at BXP

In related news, CEO Owen D. Thomas sold 1,198 shares of the stock in a transaction on Friday, February 13th. The stock was sold at an average price of $61.22, for a total transaction of $73,341.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Hilary J. Spann sold 5,495 shares of the stock in a transaction on Friday, February 27th. The stock was sold at an average price of $59.69, for a total value of $327,996.55. Following the sale, the executive vice president directly owned 17,832 shares of the company’s stock, valued at approximately $1,064,392.08. This represents a 23.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 7,887 shares of company stock valued at $476,930 over the last three months. Corporate insiders own 1.50% of the company’s stock.

Analyst Upgrades and Downgrades

BXP has been the topic of a number of recent research reports. Truist Financial cut their target price on shares of BXP from $74.00 to $70.00 and set a “hold” rating on the stock in a research note on Monday, February 2nd. The Goldman Sachs Group set a $72.00 price target on BXP in a report on Wednesday, February 4th. Evercore set a $62.00 price target on BXP in a report on Wednesday. UBS Group lowered their price target on BXP from $74.00 to $71.00 and set a “neutral” rating for the company in a report on Thursday, January 8th. Finally, Barclays lowered their price target on BXP from $81.00 to $66.00 and set an “overweight” rating for the company in a report on Thursday, February 26th. Ten analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $73.05.

BXP 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.