7,500 Shares in BXP, Inc. $BXP Bought by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System bought a new stake in shares of BXP, Inc. (NYSE:BXP) during the 1st quarter, Holdings Channel reports. The firm bought 7,500 shares of the real estate investment trust’s stock, valued at approximately $389,000.

Other hedge funds have also bought and sold shares of the company. SG Americas Securities LLC raised its stake in shares of BXP by 546.2% in the fourth quarter. SG Americas Securities LLC now owns 43,708 shares of the real estate investment trust’s stock worth $2,949,000 after buying an additional 36,944 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in shares of BXP by 9.4% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 450,591 shares of the real estate investment trust’s stock valued at $30,559,000 after buying an additional 38,639 shares in the last quarter. Fisher Asset Management LLC grew its stake 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 valued at $22,084,000 after acquiring an additional 76,946 shares during the period. Nan Fung Trinity HK Ltd. grew its stake in shares of BXP by 33.7% during the 4th quarter. Nan Fung Trinity HK Ltd. now owns 121,924 shares of the real estate investment trust’s stock valued at $8,227,000 after acquiring an additional 30,700 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in BXP by 11.2% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 198,019 shares of the real estate investment trust’s stock worth $13,362,000 after acquiring an additional 19,999 shares in the last quarter. Institutional investors own 98.72% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on BXP. Citigroup decreased their target price on shares of BXP from $68.00 to $58.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 15th. Deutsche Bank Aktiengesellschaft set a $61.00 price target on shares of BXP in a research report on Wednesday, May 13th. Piper Sandler decreased their price objective on shares of BXP from $87.00 to $75.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 1st. Scotiabank upgraded shares of BXP from a “sector perform” rating to a “sector outperform” rating and raised their price objective for the company from $65.00 to $70.00 in a research report on Thursday, June 18th. Finally, Barclays lowered their target price on shares of BXP from $66.00 to $65.00 and set an “overweight” rating on the stock in a research note on Monday, May 18th. Eleven research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $70.95.

BXP Stock Down 2.7%

Shares of BXP opened at $66.72 on Thursday. The business’s 50 day moving average is $62.76 and its 200 day moving average is $61.05. The company has a market capitalization of $10.64 billion, a PE ratio of 33.53, a price-to-earnings-growth ratio of 2.96 and a beta of 1.01. BXP, Inc. has a 12-month low of $49.72 and a 12-month high of $79.33. The company has a current ratio of 4.22, a quick ratio of 4.22 and a debt-to-equity ratio of 2.07.

BXP (NYSE:BXP) last posted its quarterly earnings results 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). BXP had a return on equity of 4.13% and a net margin of 9.09%.The business had revenue of $872.15 million during the quarter, compared to the consensus estimate of $843.11 million. During the same quarter in the previous year, the company earned $1.64 earnings per share. The company’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. Research analysts expect that BXP, Inc. will post 6.95 earnings per share for the current fiscal year.

BXP Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th will be issued a $0.70 dividend. 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 payout ratio is 140.70%.

Insider Transactions at BXP

In related news, CFO Michael E. Labelle sold 26,113 shares of the company’s stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $66.35, for a total transaction of $1,732,597.55. Following the completion of the transaction, the chief financial officer owned 5,839 shares in the company, valued at approximately $387,417.65. This represents a 81.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 33,176 shares of company stock valued at $2,151,552. 1.50% of the stock is currently owned by corporate 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.