National Pension Service Has $1.12 Million Holdings in BXP, Inc. $BXP

National Pension Service grew its holdings in shares of BXP, Inc. (NYSE:BXP) by 133.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 16,621 shares of the real estate investment trust’s stock after purchasing an additional 9,510 shares during the period. National Pension Service’s holdings in BXP were worth $1,122,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. grew its position in shares of BXP by 3.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 8,253 shares of the real estate investment trust’s stock worth $557,000 after purchasing an additional 248 shares in the last quarter. Foundations Investment Advisors LLC boosted its position in shares of BXP by 29.2% during the 4th quarter. Foundations Investment Advisors LLC now owns 6,184 shares of the real estate investment trust’s stock worth $417,000 after acquiring an additional 1,396 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of BXP by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 4,270,027 shares of the real estate investment trust’s stock worth $287,121,000 after acquiring an additional 55,621 shares in the last quarter. Allstate Corp boosted its position in shares of BXP by 492.3% during the 4th quarter. Allstate Corp now owns 31,812 shares of the real estate investment trust’s stock worth $2,147,000 after acquiring an additional 26,441 shares in the last quarter. Finally, Fisher Asset Management LLC boosted its position in shares of BXP by 30.7% during the 4th quarter. Fisher Asset Management LLC now owns 327,262 shares of the real estate investment trust’s stock worth $22,084,000 after acquiring an additional 76,946 shares in the last quarter. Institutional investors and hedge funds own 98.72% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Truist Financial reduced their price target on shares of BXP from $70.00 to $64.00 and set a “hold” rating on the stock in a research report on Tuesday, May 26th. The Goldman Sachs Group set a $72.00 price target on shares of BXP in a research report on Wednesday, February 4th. Barclays reduced their price target on shares of BXP from $66.00 to $65.00 and set an “overweight” rating on the stock in a research report on Monday, May 18th. JPMorgan Chase & Co. reduced their price target on shares of BXP from $82.00 to $79.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 1st. Finally, Mizuho lowered shares of BXP from an “outperform” rating to a “neutral” rating and reduced their price target for the stock from $79.00 to $62.00 in a research report on Tuesday, February 24th. Ten research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $71.45.

Insider Buying and Selling at BXP

In other news, EVP Peter V. Otteni sold 4,863 shares of the firm’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $59.06, for a total transaction of $287,208.78. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Eric G. Kevorkian sold 2,000 shares of the firm’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $59.85, for a total transaction of $119,700.00. Following the transaction, the senior vice president directly owned 311 shares of the company’s stock, valued at $18,613.35. The trade was a 86.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 7,063 shares of company stock valued at $418,955 in the last ninety days. Insiders own 1.50% of the company’s stock.

BXP Price Performance

Shares of NYSE:BXP opened at $59.14 on Tuesday. The company has a market cap of $9.43 billion, a price-to-earnings ratio of 29.72, a PEG ratio of 2.59 and a beta of 1.04. The company has a debt-to-equity ratio of 2.07, a current ratio of 4.22 and a quick ratio of 4.22. The firm has a 50 day simple moving average of $56.58 and a 200 day simple moving average of $62.00. BXP, Inc. has a one year low of $49.72 and a one year high of $79.33.

BXP (NYSE:BXP) last issued its quarterly earnings data 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). The company had revenue of $872.15 million during the quarter, compared to the consensus estimate of $843.11 million. BXP had a net margin of 9.09% and a return on equity of 4.13%. BXP’s revenue for the quarter was up .8% on a year-over-year basis. During the same period in the previous year, the company earned $1.64 EPS. BXP has set its Q2 2026 guidance at 1.690-1.710 EPS. Research analysts predict that BXP, Inc. will post 6.95 earnings per share for the current fiscal year.

BXP Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Stockholders 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 dividend yield of 4.7%. BXP’s dividend payout ratio (DPR) is presently 140.70%.

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.