BXP (NYSE:BXP) CFO Sells $1,732,597.55 in Stock

BXP, Inc. (NYSE:BXP) CFO Michael Labelle sold 26,113 shares of the firm’s stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $66.35, for a total value of $1,732,597.55. Following the sale, the chief financial officer directly 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 legal filing with the SEC, which is available through this link.

BXP Price Performance

Shares of BXP stock opened at $66.18 on Friday. BXP, Inc. has a 52-week low of $49.72 and a 52-week high of $79.33. The company has a debt-to-equity ratio of 2.07, a quick ratio of 4.22 and a current ratio of 4.22. The firm has a market capitalization of $10.55 billion, a P/E ratio of 33.26, a P/E/G ratio of 2.86 and a beta of 1.04. The stock has a 50 day moving average price of $58.70 and a 200 day moving average price of $61.68.

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

BXP Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Tuesday, March 31st were paid a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Tuesday, March 31st. BXP’s dividend payout ratio (DPR) is currently 140.70%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. Citigroup decreased their price target on BXP from $68.00 to $58.00 and set a “neutral” rating for the company in a research note on Wednesday, April 15th. Wall Street Zen lowered BXP from a “hold” rating to a “sell” rating in a research note on Saturday, June 6th. Scotiabank decreased their price target on BXP from $74.00 to $65.00 and set a “sector perform” rating for the company in a research note on Monday, March 2nd. Cantor Fitzgerald decreased their price target on BXP from $79.00 to $70.00 and set an “overweight” rating for the company in a research note on Friday, May 15th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and set a $68.00 target price on shares of BXP in a research report on Tuesday, June 2nd. Ten equities research 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.com, BXP currently has a consensus rating of “Hold” and a consensus target price of $70.65.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in BXP. Elyxium Wealth LLC bought a new position in shares of BXP in the 4th quarter worth $25,000. Princeton Global Asset Management LLC raised its position in shares of BXP by 892.5% in the 4th quarter. Princeton Global Asset Management LLC now owns 397 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 357 shares in the last quarter. MUFG Securities EMEA plc bought a new position in shares of BXP in the 2nd quarter worth $29,000. Clearstead Advisors LLC raised its position in shares of BXP by 109.4% in the 4th quarter. Clearstead Advisors LLC now owns 513 shares of the real estate investment trust’s stock worth $35,000 after acquiring an additional 268 shares in the last quarter. Finally, Avalon Trust Co bought a new position in shares of BXP in the 3rd quarter worth $36,000. 98.72% of the stock is owned by institutional investors.

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.