BXP (NYSE:BXP) EVP Sells $287,208.78 in Stock

BXP, Inc. (NYSE:BXP) EVP Peter Otteni sold 4,863 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $59.06, for a total value of $287,208.78. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

BXP Stock Performance

NYSE:BXP traded up $1.16 during mid-day trading on Wednesday, hitting $59.83. 378,249 shares of the stock were exchanged, compared to its average volume of 2,341,453. The stock has a market capitalization of $9.54 billion, a price-to-earnings ratio of 30.12, a price-to-earnings-growth ratio of 2.59 and a beta of 1.04. The firm’s 50-day simple moving average is $55.24 and its 200 day simple moving average is $62.68. The company has a debt-to-equity ratio of 2.07, a quick ratio of 4.22 and a current ratio of 4.22. BXP, Inc. has a fifty-two week low of $49.72 and a fifty-two week high of $79.33.

BXP (NYSE:BXP) last released its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $0.64 earnings per share for the quarter, missing the consensus estimate of $1.58 by ($0.94). The firm had revenue of $872.15 million for the quarter, compared to analyst estimates of $843.11 million. BXP had a return on equity of 4.13% and a net margin of 9.09%.The business’s revenue for the quarter was up .8% on a year-over-year basis. During the same period in the previous year, the business posted $1.64 earnings per share. BXP has set its Q2 2026 guidance at 1.690-1.710 EPS. As a group, equities analysts anticipate that BXP, Inc. will post 6.96 EPS for the current fiscal year.

BXP Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Piper Sandler dropped their price target on BXP from $87.00 to $75.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 1st. Cantor Fitzgerald reduced their price objective on BXP from $79.00 to $70.00 and set an “overweight” rating for the company in a report on Friday, May 15th. Scotiabank lowered their price objective on BXP from $74.00 to $65.00 and set a “sector perform” rating on the stock in a research report on Monday, March 2nd. Wall Street Zen upgraded BXP from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Finally, Barclays cut their target price on BXP from $66.00 to $65.00 and set an “overweight” rating on the stock in a research note on Monday. Ten analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $71.60.

Institutional Investors Weigh In On BXP

Institutional investors have recently bought and sold shares of the business. Elyxium Wealth LLC bought a new stake in BXP during the fourth quarter worth approximately $25,000. Princeton Global Asset Management LLC lifted its holdings in BXP by 892.5% during the fourth quarter. Princeton Global Asset Management LLC now owns 397 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 357 shares during the period. MUFG Securities EMEA plc acquired a new position in shares of BXP during the second quarter worth $29,000. Clearstead Advisors LLC increased its position in shares of BXP by 109.4% during the fourth quarter. Clearstead Advisors LLC now owns 513 shares of the real estate investment trust’s stock worth $35,000 after purchasing an additional 268 shares in the last quarter. Finally, Avalon Trust Co acquired a new position in shares of BXP in the 3rd quarter valued at $36,000. Hedge funds and other institutional investors own 98.72% of the company’s stock.

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.