Fisher Asset Management LLC Acquires 76,946 Shares of BXP, Inc. $BXP

Fisher Asset Management LLC raised its holdings in BXP, Inc. (NYSE:BXP) by 30.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 327,262 shares of the real estate investment trust’s stock after purchasing an additional 76,946 shares during the quarter. Fisher Asset Management LLC’s holdings in BXP were worth $22,084,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently made changes to their positions in BXP. Elyxium Wealth LLC bought a new position in shares of BXP during the fourth quarter worth approximately $25,000. Princeton Global Asset Management LLC boosted its stake in shares of BXP by 892.5% in the fourth 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 during the period. MUFG Securities EMEA plc bought a new stake in shares of BXP in the second quarter valued at approximately $29,000. Avalon Trust Co acquired a new stake in BXP during the third quarter worth approximately $36,000. Finally, Clearstead Advisors LLC increased its stake in BXP by 109.4% during the 4th quarter. Clearstead Advisors LLC now owns 513 shares of the real estate investment trust’s stock worth $35,000 after acquiring an additional 268 shares during the period. Institutional investors and hedge funds own 98.72% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on BXP. Evercore set a $62.00 price objective on BXP in a report on Wednesday, April 29th. Citigroup decreased their price target on BXP from $68.00 to $58.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 15th. Piper Sandler dropped their price target on BXP from $87.00 to $75.00 and set an “overweight” rating for the company in a research note on Wednesday, April 1st. The Goldman Sachs Group set a $72.00 price objective on shares of BXP in a research report on Wednesday, February 4th. Finally, Deutsche Bank Aktiengesellschaft set a $61.00 price objective on shares of BXP in a research note on Wednesday, May 13th. Ten analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat, BXP presently has a consensus rating of “Hold” and an average target price of $71.30.

BXP Trading Up 0.7%

Shares of BXP stock opened at $60.74 on Wednesday. BXP, Inc. has a fifty-two week low of $49.72 and a fifty-two week high of $79.33. The stock’s fifty day moving average price is $56.01 and its two-hundred day moving average price is $62.33. The company has a debt-to-equity ratio of 2.07, a quick ratio of 4.22 and a current ratio of 4.22. The company has a market cap of $9.69 billion, a PE ratio of 30.52, a P/E/G ratio of 2.60 and a beta of 1.04.

BXP (NYSE:BXP) last posted its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $0.64 EPS for the quarter, missing analysts’ consensus estimates of $1.58 by ($0.94). BXP had a return on equity of 4.13% and a net margin of 9.09%.The business had revenue of $872.15 million for the quarter, compared to analyst estimates of $843.11 million. During the same period last year, the firm posted $1.64 EPS. BXP’s quarterly revenue was up .8% on a year-over-year basis. BXP has set its Q2 2026 guidance at 1.690-1.710 EPS. Equities analysts predict 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. Shareholders of record on Tuesday, March 31st were paid a dividend of $0.70 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $2.80 annualized dividend and a yield of 4.6%. BXP’s payout ratio is presently 140.70%.

Insider Transactions at BXP

In related news, EVP Hilary J. Spann sold 5,495 shares of BXP stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $59.69, for a total transaction 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. The trade was a 23.56% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Peter V. Otteni sold 4,863 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $59.06, for a total transaction of $287,208.78. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 12,558 shares of company stock valued at $746,951. 1.50% of the stock is currently owned by 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.