Sarasin & Partners LLP Invests $806,000 in BXP, Inc. $BXP

Sarasin & Partners LLP acquired a new stake in BXP, Inc. (NYSE:BXP) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 12,159 shares of the real estate investment trust’s stock, valued at approximately $806,000.

Other large investors have also made changes to their positions in the company. Stonehaven Wealth & Tax Solutions LLC increased its position in BXP by 4.6% during the 4th quarter. Stonehaven Wealth & Tax Solutions LLC now owns 3,691 shares of the real estate investment trust’s stock worth $249,000 after purchasing an additional 162 shares in the last quarter. Sage Mountain Advisors LLC lifted its holdings in BXP by 4.8% in the 4th quarter. Sage Mountain Advisors LLC now owns 3,722 shares of the real estate investment trust’s stock valued at $251,000 after purchasing an additional 171 shares in the last quarter. Signaturefd LLC boosted its stake in shares of BXP by 2.5% during the 4th quarter. Signaturefd LLC now owns 7,383 shares of the real estate investment trust’s stock worth $498,000 after purchasing an additional 179 shares during the last quarter. Keybank National Association OH boosted its stake in shares of BXP by 5.4% during the 4th quarter. Keybank National Association OH now owns 3,578 shares of the real estate investment trust’s stock worth $241,000 after purchasing an additional 183 shares during the last quarter. Finally, State of Wyoming grew its holdings 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 in the last quarter. Institutional investors and hedge funds own 98.72% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on BXP. Barclays boosted their price objective on shares of BXP from $65.00 to $79.00 and gave the company an “overweight” rating in a research report on Tuesday, July 21st. Citigroup raised their target price on shares of BXP from $58.00 to $69.00 and gave the stock a “neutral” rating in a research report on Tuesday. Weiss Ratings raised shares of BXP from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, July 8th. Evercore set a $68.00 price target on BXP in a report on Monday, July 6th. Finally, BMO Capital Markets reissued an “outperform” rating and set a $68.00 price target on shares of BXP in a research note on Tuesday, June 2nd. Eleven investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $74.58.

Insiders Place Their Bets

In other news, SVP Eric G. Kevorkian sold 2,000 shares of the stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $59.85, for a total value of $119,700.00. Following the completion of the sale, the senior vice president owned 311 shares of the company’s stock, valued at $18,613.35. This represents a 86.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Michael E. Labelle sold 26,113 shares of the firm’s stock in a transaction on 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 in the company, valued at approximately $387,417.65. This represents a 81.73% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 33,176 shares of company stock worth $2,151,552 over the last ninety days. 1.50% of the stock is owned by company insiders.

BXP Stock Performance

Shares of NYSE:BXP opened at $68.82 on Friday. The business has a 50-day moving average of $66.85 and a two-hundred day moving average of $61.23. The firm has a market capitalization of $10.97 billion, a PE ratio of 37.00, a P/E/G ratio of 2.62 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 4.22. BXP, Inc. has a 12 month low of $49.72 and a 12 month high of $79.33.

BXP (NYSE:BXP) last issued its earnings results on Tuesday, July 28th. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.40 by $0.03. The business had revenue of $895.70 million during the quarter, compared to analysts’ expectations of $858.07 million. BXP had a return on equity of 3.88% and a net margin of 8.44%.The company’s revenue for the quarter was up 3.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.71 EPS. 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, research analysts forecast that BXP, Inc. will post 7.02 earnings per share for the current year.

BXP Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th were paid a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 4.1%. The ex-dividend date was Tuesday, June 30th. BXP’s payout ratio is currently 150.54%.

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.