Daiwa Securities Group Inc. Purchases 1,053,938 Shares of BXP, Inc. $BXP

Daiwa Securities Group Inc. boosted its position in BXP, Inc. (NYSE:BXP) by 52.4% during the fourth quarter, HoldingsChannel.com reports. The fund owned 3,065,995 shares of the real estate investment trust’s stock after buying an additional 1,053,938 shares during the quarter. BXP makes up 0.7% of Daiwa Securities Group Inc.’s portfolio, making the stock its 27th biggest position. Daiwa Securities Group Inc.’s holdings in BXP were worth $206,893,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in the company. Stonehaven Wealth & Tax Solutions LLC increased its stake in BXP by 4.6% in the fourth quarter. Stonehaven Wealth & Tax Solutions LLC now owns 3,691 shares of the real estate investment trust’s stock valued at $249,000 after acquiring an additional 162 shares during the last quarter. Sage Mountain Advisors LLC increased its stake in BXP by 4.8% in the fourth quarter. Sage Mountain Advisors LLC now owns 3,722 shares of the real estate investment trust’s stock valued at $251,000 after acquiring an additional 171 shares during the last quarter. Signaturefd LLC increased its stake in BXP by 2.5% in the fourth quarter. Signaturefd LLC now owns 7,383 shares of the real estate investment trust’s stock valued at $498,000 after acquiring an additional 179 shares during the last quarter. Keybank National Association OH grew its stake in shares of BXP by 5.4% during the fourth quarter. Keybank National Association OH now owns 3,578 shares of the real estate investment trust’s stock worth $241,000 after buying an additional 183 shares during the last quarter. Finally, State of Wyoming grew its stake in shares of BXP by 45.5% during the fourth quarter. State of Wyoming now owns 617 shares of the real estate investment trust’s stock worth $42,000 after buying an additional 193 shares during the last quarter. 98.72% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Truist Financial decreased their target price on shares of BXP from $70.00 to $64.00 and set a “hold” rating on the stock in a research note on Tuesday, May 26th. Mizuho cut shares of BXP from an “outperform” rating to a “neutral” rating and decreased their target price for the stock from $79.00 to $62.00 in a research note on Tuesday, February 24th. Wall Street Zen raised shares of BXP from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Evercore set a $62.00 target price on shares of BXP in a research note on Wednesday, April 29th. Finally, JPMorgan Chase & Co. decreased their target price on shares of BXP from $82.00 to $79.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 1st. Ten analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat, BXP presently has a consensus rating of “Hold” and a consensus target price of $70.65.

BXP Price Performance

Shares of NYSE:BXP opened at $61.99 on Friday. The firm has a market cap of $9.89 billion, a PE ratio of 31.15, a price-to-earnings-growth ratio of 2.63 and a beta of 1.04. The firm’s fifty day moving average is $57.11 and its 200-day moving average is $61.80. The company has a debt-to-equity ratio of 2.07, a quick ratio of 4.22 and a current ratio of 4.22. BXP, Inc. has a 52 week low of $49.72 and a 52 week high of $79.33.

BXP (NYSE:BXP) last issued its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $0.64 EPS for the quarter, missing analysts’ consensus estimates of $1.58 by ($0.94). The business had revenue of $872.15 million for the quarter, compared to analyst estimates of $843.11 million. BXP had a return on equity of 4.13% and a net margin of 9.09%.BXP’s revenue for the quarter was up .8% on a year-over-year basis. During the same quarter last year, the firm posted $1.64 EPS. BXP has set its Q2 2026 guidance at 1.690-1.710 EPS. Sell-side analysts predict that BXP, Inc. will post 6.95 earnings per share for the current year.

BXP Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Stockholders 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 dividend yield of 4.5%. The ex-dividend date was Tuesday, March 31st. BXP’s payout ratio is 140.70%.

Insiders Place Their Bets

In other news, SVP Eric G. Kevorkian sold 2,000 shares of BXP 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 owned 311 shares in the company, valued at approximately $18,613.35. The trade was a 86.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Peter V. Otteni sold 4,863 shares of BXP stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $59.06, for a total transaction of $287,208.78. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 7,063 shares of company stock worth $418,955. 1.50% of the stock is owned by company 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.