BXP, Inc. $BXP Shares Sold by Horizon Investments LLC

Horizon Investments LLC lowered its holdings in BXP, Inc. (NYSE:BXP) by 8.8% in the fourth quarter, Holdings Channel.com reports. The fund owned 122,359 shares of the real estate investment trust’s stock after selling 11,819 shares during the quarter. Horizon Investments LLC’s holdings in BXP were worth $8,257,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. APG Asset Management US Inc. lifted its holdings in BXP by 3.2% in the third quarter. APG Asset Management US Inc. now owns 7,401,513 shares of the real estate investment trust’s stock valued at $564,883,000 after acquiring an additional 232,591 shares during the period. Invesco Ltd. lifted its holdings in BXP by 44.9% in the third quarter. Invesco Ltd. now owns 3,896,978 shares of the real estate investment trust’s stock valued at $289,701,000 after acquiring an additional 1,207,607 shares during the period. Boston Partners lifted its holdings in BXP by 17.6% in the third quarter. Boston Partners now owns 3,538,351 shares of the real estate investment trust’s stock valued at $263,031,000 after acquiring an additional 529,158 shares during the period. Northern Trust Corp lifted its holdings in BXP by 3.9% in the third quarter. Northern Trust Corp now owns 3,411,777 shares of the real estate investment trust’s stock valued at $253,632,000 after acquiring an additional 127,948 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in BXP by 1.7% in the third quarter. Dimensional Fund Advisors LP now owns 2,256,924 shares of the real estate investment trust’s stock valued at $167,785,000 after acquiring an additional 37,438 shares during the period. Institutional investors and hedge funds own 98.72% of the company’s stock.

Insider Buying and Selling at BXP

In related news, EVP Hilary J. Spann sold 5,495 shares of the company’s stock in a transaction on Friday, February 27th. The stock was sold at an average price of $59.69, for a total value of $327,996.55. Following the completion of the transaction, the executive vice president directly owned 17,832 shares in the company, valued at approximately $1,064,392.08. This represents a 23.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Owen D. Thomas sold 1,198 shares of the company’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $61.22, for a total transaction of $73,341.56. The SEC filing for this sale provides additional information. Insiders sold 7,887 shares of company stock valued at $476,930 over the last quarter. Insiders own 1.50% of the company’s stock.

BXP Trading Up 1.6%

BXP stock opened at $59.37 on Friday. The stock has a market cap of $9.42 billion, a PE ratio of 29.83, a P/E/G ratio of 2.53 and a beta of 1.04. The stock has a 50-day moving average price of $54.97 and a 200 day moving average price of $63.76. BXP, Inc. has a 52 week low of $49.72 and a 52 week high of $79.33. The company has a current ratio of 4.22, a quick ratio of 5.36 and a debt-to-equity ratio of 2.07.

BXP (NYSE:BXP) last posted its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $0.64 earnings per share (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 business had revenue of $872.15 million for the quarter, compared to analyst estimates of $843.11 million. During the same quarter last year, the business earned $1.64 EPS. BXP’s revenue for the quarter was up .8% compared to the same quarter last year. BXP has set its Q2 2026 guidance at 1.690-1.710 EPS. Equities research analysts predict that BXP, Inc. will post 6.98 earnings per share for the current fiscal year.

BXP Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Tuesday, March 31st were paid a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 4.7%. The ex-dividend date was Tuesday, March 31st. BXP’s dividend payout ratio is presently 140.70%.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Weiss Ratings cut BXP from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, April 27th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $70.00 price target on shares of BXP in a research report on Tuesday, January 6th. Truist Financial dropped their price target on BXP from $74.00 to $70.00 and set a “hold” rating for the company in a research report on Monday, February 2nd. Mizuho cut BXP from an “outperform” rating to a “neutral” rating and dropped their price target for the company from $79.00 to $62.00 in a research report on Tuesday, February 24th. Finally, Scotiabank dropped their price objective on BXP from $74.00 to $65.00 and set a “sector perform” rating for the company in a research report on Monday, March 2nd. Ten equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $73.05.

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.