BXP (NYSE:BXP) SVP Eric Kevorkian Sells 200 Shares

BXP, Inc. (NYSE:BXP) SVP Eric Kevorkian sold 200 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $60.23, for a total value of $12,046.00. Following the completion of the sale, the senior vice president owned 2,311 shares of the company’s stock, valued at $139,191.53. This represents a 7.96% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link.

BXP Price Performance

Shares of BXP traded up $0.62 during mid-day trading on Tuesday, reaching $60.91. The company had a trading volume of 256,845 shares, compared to its average volume of 2,304,135. BXP, Inc. has a twelve month low of $49.72 and a twelve month high of $79.33. The company has a debt-to-equity ratio of 2.07, a current ratio of 4.22 and a quick ratio of 4.22. The company’s 50-day moving average is $55.84 and its 200-day moving average is $62.39. The company has a market capitalization of $9.71 billion, a P/E ratio of 30.61, a P/E/G ratio of 2.60 and a beta of 1.04.

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

BXP Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Tuesday, March 31st were issued a $0.70 dividend. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $2.80 dividend on an annualized basis and a dividend yield of 4.6%. BXP’s dividend payout ratio is presently 140.70%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Allianz Asset Management GmbH boosted its position in shares of BXP by 57.7% in the 3rd quarter. Allianz Asset Management GmbH now owns 149,860 shares of the real estate investment trust’s stock worth $11,141,000 after purchasing an additional 54,803 shares during the last quarter. SG Americas Securities LLC boosted its position in shares of BXP by 546.2% in the 4th quarter. SG Americas Securities LLC now owns 43,708 shares of the real estate investment trust’s stock worth $2,949,000 after purchasing an additional 36,944 shares during the last quarter. Barclays PLC boosted its position in shares of BXP by 14.9% in the 3rd quarter. Barclays PLC now owns 1,261,556 shares of the real estate investment trust’s stock worth $93,784,000 after purchasing an additional 163,949 shares during the last quarter. Nan Fung Trinity HK Ltd. boosted its position in shares of BXP by 94.9% in the 3rd quarter. Nan Fung Trinity HK Ltd. now owns 91,224 shares of the real estate investment trust’s stock worth $6,782,000 after purchasing an additional 44,424 shares during the last quarter. Finally, APG Asset Management US Inc. boosted its position in shares of BXP by 3.2% in the 3rd quarter. APG Asset Management US Inc. now owns 7,401,513 shares of the real estate investment trust’s stock worth $564,883,000 after purchasing an additional 232,591 shares during the last quarter. 98.72% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on BXP shares. Truist Financial dropped their target price on BXP from $74.00 to $70.00 and set a “hold” rating for the company in a report on Monday, February 2nd. Wall Street Zen upgraded BXP from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. Barclays decreased their price objective on BXP from $66.00 to $65.00 and set an “overweight” rating on the stock in a research report on Monday, May 18th. The Goldman Sachs Group set a $72.00 price objective on BXP in a research report on Wednesday, February 4th. Finally, Piper Sandler decreased their price objective on BXP from $87.00 to $75.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 1st. Ten analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat.com, BXP currently has a consensus rating of “Hold” and an average target price of $71.60.

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.