J. Goldman & Co LP Makes New $4 Million Investment in BXP, Inc. $BXP

J. Goldman & Co LP purchased a new stake in shares of BXP, Inc. (NYSE:BXP) in the second quarter, HoldingsChannel reports. The institutional investor purchased 1,385,479 shares of the real estate investment trust’s stock, valued at approximately $4,004,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Keybank National Association OH lifted its stake in shares of BXP by 5.4% in 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 period. State of Wyoming increased its holdings in BXP by 45.5% during the fourth quarter. State of Wyoming now owns 617 shares of the real estate investment trust’s stock valued at $42,000 after buying an additional 193 shares during the last quarter. Minot DeBlois Advisors LLC increased its holdings in BXP by 2.5% during the fourth quarter. Minot DeBlois Advisors LLC now owns 7,902 shares of the real estate investment trust’s stock valued at $533,000 after buying an additional 196 shares during the last quarter. Rexford Capital Inc. raised its position in BXP by 11.9% in the fourth quarter. Rexford Capital Inc. now owns 1,876 shares of the real estate investment trust’s stock worth $127,000 after acquiring an additional 200 shares during the period. Finally, Mackenzie Financial Corp raised its position in BXP by 3.8% in the fourth quarter. Mackenzie Financial Corp now owns 5,869 shares of the real estate investment trust’s stock worth $406,000 after acquiring an additional 217 shares during the period. Hedge funds and other institutional investors own 98.72% of the company’s stock.

Insider Buying and Selling at BXP

In related news, 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 of the company’s stock, valued at approximately $387,417.65. This trade represents a 81.73% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 1.50% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on BXP. Mizuho boosted their price objective on shares of BXP from $62.00 to $68.00 and gave the company a “neutral” rating in a research report on Tuesday, July 21st. Wells Fargo & Company raised their target price on BXP from $69.00 to $77.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. BMO Capital Markets reiterated an “outperform” rating and set a $68.00 target price on shares of BXP in a research report on Tuesday, June 2nd. JPMorgan Chase & Co. boosted their price target on BXP from $79.00 to $87.00 and gave the company an “overweight” rating in a report on Tuesday. Finally, Cantor Fitzgerald reduced their price target on BXP from $79.00 to $70.00 and set an “overweight” rating for the company in a research report on Friday, May 15th. Eleven research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $74.68.

BXP Price Performance

Shares of BXP stock opened at $72.14 on Wednesday. The company has a market capitalization of $11.52 billion, a price-to-earnings ratio of 38.79, a PEG ratio of 2.61 and a beta of 1.01. The company has a quick ratio of 3.91, a current ratio of 3.91 and a debt-to-equity ratio of 2.07. The stock’s 50-day simple moving average is $68.09 and its 200-day simple moving average is $61.54. BXP, Inc. has a 52 week low of $49.72 and a 52 week 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, beating 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 company had revenue of $895.70 million for the quarter, compared to the consensus estimate of $858.07 million. During the same quarter last year, the company earned $1.71 EPS. The firm’s quarterly revenue 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. As a group, analysts expect that BXP, Inc. will post 7.03 earnings per share for the current fiscal year.

BXP Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, June 30th were given a dividend of $0.70 per share. The ex-dividend date was Tuesday, June 30th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.9%. BXP’s dividend 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.