Lbp Am Sa Reduces Stock Position in BXP, Inc. $BXP

Lbp Am Sa reduced its position in shares of BXP, Inc. (NYSE:BXP) by 14.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 100,597 shares of the real estate investment trust’s stock after selling 16,613 shares during the period. Lbp Am Sa’s holdings in BXP were worth $6,787,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Sentry Investment Management LLC purchased a new stake in shares of BXP during the first quarter worth about $34,000. CX Institutional boosted its holdings in shares of BXP by 24.6% during the second quarter. CX Institutional now owns 1,526 shares of the real estate investment trust’s stock worth $103,000 after purchasing an additional 301 shares during the period. Brooklyn Investment Group boosted its holdings in shares of BXP by 124.6% during the first quarter. Brooklyn Investment Group now owns 1,927 shares of the real estate investment trust’s stock worth $129,000 after purchasing an additional 1,069 shares during the period. Patton Fund Management Inc. purchased a new stake in shares of BXP during the second quarter worth about $226,000. Finally, Sound Income Strategies LLC boosted its holdings in shares of BXP by 14.6% during the first quarter. Sound Income Strategies LLC now owns 4,356 shares of the real estate investment trust’s stock worth $293,000 after purchasing an additional 556 shares during the period. 98.72% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have recently weighed in on BXP shares. Truist Financial increased their target price on shares of BXP from $71.00 to $77.00 and gave the stock a “hold” rating in a report on Wednesday, September 10th. The Goldman Sachs Group raised their price objective on shares of BXP from $67.00 to $76.00 and gave the stock a “neutral” rating in a report on Thursday, September 11th. Compass Point lowered shares of BXP from a “buy” rating to a “neutral” rating and set a $75.00 price objective for the company. in a report on Wednesday, September 10th. Wall Street Zen lowered shares of BXP from a “hold” rating to a “sell” rating in a report on Saturday, September 13th. Finally, Mizuho lowered their price objective on shares of BXP from $86.00 to $82.00 and set an “outperform” rating for the company in a report on Monday, July 14th. Six analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, BXP presently has an average rating of “Hold” and an average target price of $77.88.

BXP Price Performance

Shares of NYSE BXP opened at $76.32 on Thursday. BXP, Inc. has a fifty-two week low of $54.22 and a fifty-two week high of $90.11. The company has a 50 day simple moving average of $71.10 and a two-hundred day simple moving average of $68.54. The company has a market capitalization of $12.09 billion, a price-to-earnings ratio of 2,544.98, a P/E/G ratio of 7.79 and a beta of 1.22. The company has a debt-to-equity ratio of 2.06, a quick ratio of 3.76 and a current ratio of 3.76.

BXP (NYSE:BXP) last announced its earnings results on Tuesday, July 29th. The real estate investment trust reported $1.71 earnings per share for the quarter, beating analysts’ consensus estimates of $1.67 by $0.04. BXP had a net margin of 0.11% and a return on equity of 3.89%. The business had revenue of $868.46 million during the quarter, compared to the consensus estimate of $845.09 million. During the same quarter last year, the firm earned $1.77 earnings per share. The business’s revenue for the quarter was up 2.1% on a year-over-year basis. BXP has set its FY 2025 guidance at 6.840-6.92 EPS. Q3 2025 guidance at 1.690-1.71 EPS. Analysts expect that BXP, Inc. will post 6.91 EPS for the current fiscal year.

BXP Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Tuesday, September 30th will be paid a dividend of $0.70 per share. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.7%. BXP’s dividend payout ratio (DPR) is currently 9,333.33%.

About BXP

Boston Properties, Inc (NYSE: BXP) (BXP or the Company) is the largest publicly traded developer, owner, and manager of premier workplaces in the United States, concentrated in six dynamic gateway markets – Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. BXP has delivered places that power progress for our clients and communities for more than 50 years.