BXP (NYSE:BXP) EVP Peter Otteni Sells 4,863 Shares of Stock

BXP, Inc. (NYSE:BXP) EVP Peter Otteni sold 4,863 shares of the business’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $59.06, for a total value of $287,208.78. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

BXP Trading Up 2.0%

BXP stock opened at $59.82 on Thursday. The company has a market cap of $9.54 billion, a P/E ratio of 30.06, 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 company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 2.07. The business has a fifty day moving average of $55.39 and a 200-day moving average of $62.61.

BXP (NYSE:BXP) last released its earnings results on Tuesday, April 28th. The real estate investment trust reported $0.64 earnings per share for the quarter, missing analysts’ consensus estimates of $1.58 by ($0.94). The firm had revenue of $872.15 million for the quarter, compared to the consensus estimate of $843.11 million. BXP had a return on equity of 4.13% and a net margin of 9.09%.The company’s revenue was up .8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.64 EPS. BXP has set its Q2 2026 guidance at 1.690-1.710 EPS. As a group, equities research analysts expect that BXP, Inc. will post 6.96 EPS for the current year.

BXP Dividend Announcement

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

Hedge Funds Weigh In On BXP

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BXP. Elyxium Wealth LLC bought a new position in BXP during the fourth quarter worth about $25,000. Princeton Global Asset Management LLC boosted its holdings in BXP by 892.5% during the fourth quarter. Princeton Global Asset Management LLC now owns 397 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 357 shares during the last quarter. MUFG Securities EMEA plc bought a new position in BXP during the second quarter worth about $29,000. Clearstead Advisors LLC boosted its holdings in BXP by 109.4% during the fourth quarter. Clearstead Advisors LLC now owns 513 shares of the real estate investment trust’s stock worth $35,000 after buying an additional 268 shares during the last quarter. Finally, Avalon Trust Co bought a new position in BXP during the third quarter worth about $36,000. Institutional investors own 98.72% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on BXP shares. Scotiabank dropped their target price on BXP from $74.00 to $65.00 and set a “sector perform” rating for the company in a research report on Monday, March 2nd. Wall Street Zen upgraded BXP from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. JPMorgan Chase & Co. dropped their target price on BXP from $82.00 to $79.00 and set an “overweight” rating for the company in a research report on Wednesday, April 1st. Mizuho downgraded BXP from an “outperform” rating to a “neutral” rating and dropped their target price for the stock from $79.00 to $62.00 in a research report on Tuesday, February 24th. Finally, Deutsche Bank Aktiengesellschaft set a $61.00 target price on BXP in a research report on Wednesday, May 13th. Ten investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat, BXP presently has a consensus rating of “Hold” and an average target price of $71.60.

About BXP

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.