Kelly Lawrence W & Associates Inc. CA Invests $1.05 Million in BXP, Inc. $BXP

Kelly Lawrence W & Associates Inc. CA bought a new stake in BXP, Inc. (NYSE:BXP) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 15,850 shares of the real estate investment trust’s stock, valued at approximately $1,051,000.

Several other large investors have also modified their holdings of the stock. EverSource Wealth Advisors LLC raised its stake in BXP by 29.8% during the second quarter. EverSource Wealth Advisors LLC now owns 1,120 shares of the real estate investment trust’s stock valued at $76,000 after buying an additional 257 shares in the last quarter. First Trust Advisors LP lifted its holdings in BXP by 45.7% during the 2nd quarter. First Trust Advisors LP now owns 40,369 shares of the real estate investment trust’s stock worth $2,724,000 after buying an additional 12,660 shares during the last quarter. Cresset Asset Management LLC grew its position in shares of BXP by 29.5% in the 2nd quarter. Cresset Asset Management LLC now owns 9,181 shares of the real estate investment trust’s stock worth $628,000 after acquiring an additional 2,089 shares in the last quarter. Jump Financial LLC increased its holdings in shares of BXP by 276.0% in the 2nd quarter. Jump Financial LLC now owns 47,062 shares of the real estate investment trust’s stock valued at $3,175,000 after acquiring an additional 34,544 shares during the last quarter. Finally, Squarepoint Ops LLC increased its holdings in shares of BXP by 99.3% in the 2nd quarter. Squarepoint Ops LLC now owns 112,591 shares of the real estate investment trust’s stock valued at $7,597,000 after acquiring an additional 56,104 shares during the last quarter. Institutional investors own 98.72% of the company’s stock.

BXP Trading Up 3.4%

NYSE:BXP opened at $69.99 on Tuesday. BXP, Inc. has a 12-month low of $49.72 and a 12-month high of $79.33. The firm has a market capitalization of $11.17 billion, a P/E ratio of 37.63, a P/E/G ratio of 2.53 and a beta of 1.01. The company has a debt-to-equity ratio of 2.07, a current ratio of 3.91 and a quick ratio of 3.91. The business has a 50 day simple moving average of $67.96 and a 200 day simple moving average of $61.48.

BXP (NYSE:BXP) last issued its earnings results on Tuesday, July 28th. The real estate investment trust reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.03. BXP had a return on equity of 3.88% and a net margin of 8.44%.The firm had revenue of $895.70 million for the quarter, compared to analyst estimates of $858.07 million. During the same period last year, the company earned $1.71 earnings per share. The firm’s revenue for the quarter was up 3.1% on a year-over-year basis. BXP has set its FY 2026 guidance at 6.990-7.050 EPS and its Q3 2026 guidance at 1.800-1.820 EPS. Equities research analysts predict that BXP, Inc. will post 7.03 EPS for the current year.

BXP Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, June 30th were given a $0.70 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $2.80 annualized dividend and a yield of 4.0%. BXP’s dividend payout ratio (DPR) is currently 150.54%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on BXP shares. Piper Sandler raised their price objective on BXP from $75.00 to $86.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 21st. Evercore set a $68.00 target price on shares of BXP in a research note on Monday, July 6th. LADENBURG THALM/SH SH increased their target price on shares of BXP from $70.00 to $80.00 and gave the stock a “buy” rating in a report on Wednesday, July 8th. Scotiabank raised their price target on shares of BXP from $74.00 to $76.00 and gave the stock a “sector outperform” rating in a research report on Wednesday, August 5th. Finally, Mizuho lifted their price target on shares of BXP from $62.00 to $68.00 and gave the company a “neutral” rating in a report on Tuesday, July 21st. Eleven research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $74.58.

Insider Transactions at BXP

In other BXP news, CFO Michael E. Labelle sold 26,113 shares of the business’s stock in a transaction dated 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 directly owned 5,839 shares of the company’s stock, valued at $387,417.65. The trade was a 81.73% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.50% of the stock is owned by insiders.

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.