Janus Henderson Group PLC lifted its position in BXP, Inc. (NYSE:BXP – Free Report) by 481.7% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 69,907 shares of the real estate investment trust’s stock after acquiring an additional 57,889 shares during the period. Janus Henderson Group PLC’s holdings in BXP were worth $3,626,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. EverSource Wealth Advisors LLC increased its stake in shares of BXP by 29.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,120 shares of the real estate investment trust’s stock worth $76,000 after purchasing an additional 257 shares during the last quarter. First Trust Advisors LP lifted its stake in BXP by 45.7% in the 2nd quarter. First Trust Advisors LP now owns 40,369 shares of the real estate investment trust’s stock valued at $2,724,000 after purchasing an additional 12,660 shares during the last quarter. Cresset Asset Management LLC grew its holdings in BXP by 29.5% during the second quarter. Cresset Asset Management LLC now owns 9,181 shares of the real estate investment trust’s stock worth $628,000 after purchasing an additional 2,089 shares during the period. Jump Financial LLC increased its position in BXP by 276.0% during the second quarter. Jump Financial LLC now owns 47,062 shares of the real estate investment trust’s stock worth $3,175,000 after buying an additional 34,544 shares during the last quarter. Finally, Squarepoint Ops LLC increased its position in BXP by 99.3% during the second quarter. Squarepoint Ops LLC now owns 112,591 shares of the real estate investment trust’s stock worth $7,597,000 after buying an additional 56,104 shares during the last quarter. 98.72% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity
In related news, CFO Michael E. Labelle sold 26,113 shares of the stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $66.35, for a total transaction of $1,732,597.55. Following the sale, the chief financial officer owned 5,839 shares of the company’s stock, valued at $387,417.65. This represents a 81.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Eric G. Kevorkian sold 2,000 shares of the firm’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $59.85, for a total value of $119,700.00. Following the transaction, the senior vice president owned 311 shares in the company, valued at approximately $18,613.35. This trade represents a 86.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 33,176 shares of company stock worth $2,151,552. Corporate insiders own 1.50% of the company’s stock.
BXP Trading Up 1.2%
BXP (NYSE:BXP – Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The real estate investment trust reported $0.43 EPS for the quarter, beating the consensus estimate of $0.40 by $0.03. BXP had a net margin of 8.44% and a return on equity of 3.88%. The business had revenue of $895.70 million for the quarter, compared to the consensus estimate of $858.07 million. During the same period in the prior year, the company posted $1.71 earnings per share. BXP’s revenue was up 3.1% compared to the same quarter last year. BXP has set its FY 2026 guidance at 6.990-7.050 EPS and its Q3 2026 guidance at 1.800-1.820 EPS. As a group, sell-side analysts forecast that BXP, Inc. will post 7.02 EPS for the current year.
BXP Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th were issued a dividend of $0.70 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $2.80 annualized dividend and a dividend yield of 4.0%. BXP’s dividend payout ratio (DPR) is currently 150.54%.
Wall Street Analysts Forecast Growth
BXP has been the subject of a number of recent analyst reports. Weiss Ratings raised BXP from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, July 8th. Barclays increased their price target on BXP from $65.00 to $79.00 and gave the company an “overweight” rating in a research note on Tuesday, July 21st. UBS Group set a $76.00 price objective on shares of BXP in a report on Wednesday. Wells Fargo & Company increased their price objective on shares of BXP from $69.00 to $77.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. Finally, Evercore set a $68.00 target price on shares of BXP in a research note on Monday, July 6th. Eleven investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, BXP has an average rating of “Moderate Buy” and an average target price of $74.58.
View Our Latest Stock Report on BXP
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.
Featured Stories
- Five stocks we like better than BXP
- Datadog’s Drop Says More About Expectations Than Earnings
- D-Wave’s Quantum Breakthrough Couldn’t Save QBTS From a Sell-Off
- Cloudflare’s Beat-and-Raise Quarter Puts Its AI Edge Story in Focus
- Solventum Nears Inflection Point As It Begins to Unlock Value
Want to see what other hedge funds are holding BXP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BXP, Inc. (NYSE:BXP – Free Report).
Receive News & Ratings for BXP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BXP and related companies with MarketBeat.com's FREE daily email newsletter.
