BXP, Inc. $BXP Shares Sold by Strs Ohio

Strs Ohio cut its position in shares of BXP, Inc. (NYSE:BXP) by 9.6% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 582,560 shares of the real estate investment trust’s stock after selling 61,606 shares during the quarter. Strs Ohio’s holdings in BXP were worth $30,235,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC boosted 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 acquiring an additional 257 shares in the last quarter. First Trust Advisors LP increased its stake in shares of 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 in the last quarter. Cresset Asset Management LLC increased its stake 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 valued at $628,000 after purchasing an additional 2,089 shares in the last quarter. Jump Financial LLC raised its holdings in BXP by 276.0% in the 2nd quarter. Jump Financial LLC now owns 47,062 shares of the real estate investment trust’s stock worth $3,175,000 after purchasing an additional 34,544 shares during the period. Finally, Squarepoint Ops LLC raised its holdings in BXP by 99.3% in the 2nd quarter. Squarepoint Ops LLC now owns 112,591 shares of the real estate investment trust’s stock worth $7,597,000 after purchasing an additional 56,104 shares during the period. Institutional investors and hedge funds own 98.72% of the company’s stock.

BXP Trading Down 0.1%

Shares of BXP stock opened at $69.28 on Friday. The company has a current ratio of 4.22, a quick ratio of 4.22 and a debt-to-equity ratio of 2.07. BXP, Inc. has a twelve month low of $49.72 and a twelve month high of $79.33. The firm has a market capitalization of $11.05 billion, a PE ratio of 34.81, a P/E/G ratio of 3.00 and a beta of 1.01. The firm’s 50-day moving average price is $62.11 and its 200 day moving average price is $61.15.

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

BXP Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, June 30th will be given a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a dividend yield of 4.0%. The ex-dividend date is Tuesday, June 30th. BXP’s payout ratio is presently 140.70%.

Analyst Ratings Changes

BXP has been the topic of several research analyst reports. Wells Fargo & Company raised their price objective on BXP from $69.00 to $77.00 and gave the company an “overweight” rating in a report on Monday, June 1st. Cantor Fitzgerald reduced their target price on BXP from $79.00 to $70.00 and set an “overweight” rating for the company in a research note on Friday, May 15th. Evercore set a $62.00 target price on BXP in a research report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft set a $61.00 price target on shares of BXP in a research note on Wednesday, May 13th. Finally, JPMorgan Chase & Co. cut their price target on shares of BXP from $82.00 to $79.00 and set an “overweight” rating for the company in a report on Wednesday, April 1st. Eleven research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $70.90.

Insider Buying and Selling

In other BXP news, CFO Michael E. Labelle sold 26,113 shares of the firm’s stock in a transaction 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 transaction, the chief financial officer owned 5,839 shares in the company, valued at approximately $387,417.65. This trade represents a 81.73% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Eric G. Kevorkian sold 2,000 shares of BXP stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $59.85, for a total transaction of $119,700.00. Following the sale, the senior vice president directly owned 311 shares in the company, valued at approximately $18,613.35. This trade represents a 86.54% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 33,176 shares of company stock worth $2,151,552. 1.50% of the stock is owned by corporate 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.