M&T Bank Corp Has $2.16 Million Stock Position in BXP, Inc. $BXP

M&T Bank Corp raised its stake in shares of BXP, Inc. (NYSE:BXP) by 83.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 32,036 shares of the real estate investment trust’s stock after purchasing an additional 14,607 shares during the quarter. M&T Bank Corp’s holdings in BXP were worth $2,162,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Allianz Asset Management GmbH raised its stake in shares of BXP by 57.7% in the third quarter. Allianz Asset Management GmbH now owns 149,860 shares of the real estate investment trust’s stock valued at $11,141,000 after acquiring an additional 54,803 shares during the last quarter. 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 valued at $2,949,000 after acquiring an additional 36,944 shares during the last quarter. Barclays PLC raised its stake in shares of BXP by 14.9% in the third quarter. Barclays PLC now owns 1,261,556 shares of the real estate investment trust’s stock valued at $93,784,000 after acquiring an additional 163,949 shares during the last quarter. Nan Fung Trinity HK Ltd. raised its stake in shares of BXP by 94.9% in the third quarter. Nan Fung Trinity HK Ltd. now owns 91,224 shares of the real estate investment trust’s stock valued at $6,782,000 after acquiring an additional 44,424 shares during the last quarter. Finally, APG Asset Management US Inc. raised its stake in shares of BXP by 3.2% in the third quarter. APG Asset Management US Inc. now owns 7,401,513 shares of the real estate investment trust’s stock valued at $564,883,000 after acquiring an additional 232,591 shares during the last quarter. 98.72% of the stock is owned by institutional investors and hedge funds.

BXP Stock Performance

BXP stock opened at $59.44 on Friday. The company has a debt-to-equity ratio of 2.07, a current ratio of 4.22 and a quick ratio of 5.36. The company has a 50 day moving average price of $54.92 and a 200 day moving average price of $63.46. BXP, Inc. has a fifty-two week low of $49.72 and a fifty-two week high of $79.33. The stock has a market capitalization of $9.43 billion, a PE ratio of 29.87, a price-to-earnings-growth ratio of 2.56 and a beta of 1.04.

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). BXP had a return on equity of 4.13% and a net margin of 9.09%.The company had revenue of $872.15 million during the quarter, compared to the consensus estimate of $843.11 million. During the same quarter last year, the firm earned $1.64 EPS. The business’s revenue for the quarter was up .8% on a year-over-year basis. BXP has set its Q2 2026 guidance at 1.690-1.710 EPS. Analysts forecast that BXP, Inc. will post 6.98 EPS for the current year.

BXP Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Tuesday, March 31st were issued a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend was Tuesday, March 31st. BXP’s payout ratio is currently 140.70%.

Insiders Place Their Bets

In other BXP news, CEO Owen D. Thomas sold 1,198 shares of BXP stock in a transaction on Friday, February 13th. The shares were sold at an average price of $61.22, for a total transaction of $73,341.56. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Hilary J. Spann sold 5,495 shares of BXP stock in a transaction on Friday, February 27th. The stock was 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 $1,064,392.08. This represents a 23.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.50% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

BXP has been the subject of a number of research analyst reports. Cantor Fitzgerald reiterated an “overweight” rating and issued a $79.00 target price on shares of BXP in a research note on Thursday, January 29th. Citigroup dropped their price objective on shares of BXP from $68.00 to $58.00 and set a “neutral” rating for the company in a research report on Wednesday, April 15th. JPMorgan Chase & Co. dropped their price objective on shares of BXP from $82.00 to $79.00 and set an “overweight” rating for the company in a research report on Wednesday, April 1st. Wall Street Zen upgraded shares of BXP from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. Finally, Evercore set a $62.00 price objective on shares of BXP in a research report on Wednesday, April 29th. Ten analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat.com, BXP currently has a consensus rating of “Hold” and a consensus price target of $73.05.

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.