Sanctuary Advisors LLC Sells 8,762 Shares of BXP, Inc. $BXP

Sanctuary Advisors LLC lessened its stake in BXP, Inc. (NYSE:BXP) by 30.0% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 20,407 shares of the real estate investment trust’s stock after selling 8,762 shares during the period. Sanctuary Advisors LLC’s holdings in BXP were worth $1,059,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the company. Elyxium Wealth LLC purchased a new position in shares of BXP in the 4th quarter worth approximately $25,000. Princeton Global Asset Management LLC raised its stake in shares of BXP by 892.5% during the 4th quarter. Princeton Global Asset Management LLC now owns 397 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 357 shares in the last quarter. MUFG Securities EMEA plc purchased a new stake in BXP during the second quarter valued at approximately $29,000. Clearstead Advisors LLC lifted its position in BXP by 109.4% during the fourth quarter. Clearstead Advisors LLC now owns 513 shares of the real estate investment trust’s stock valued at $35,000 after acquiring an additional 268 shares during the last quarter. Finally, State of Wyoming boosted its stake in BXP by 45.5% in the fourth quarter. State of Wyoming now owns 617 shares of the real estate investment trust’s stock valued at $42,000 after acquiring an additional 193 shares in the last quarter. 98.72% of the stock is currently owned by institutional investors.

Insider Activity at BXP

In related news, EVP Peter V. Otteni sold 4,863 shares of the company’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $59.06, for a total value of $287,208.78. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP Eric G. Kevorkian sold 2,000 shares of the firm’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $59.85, for a total value of $119,700.00. Following the completion of the transaction, the senior vice president owned 311 shares of the company’s stock, valued at $18,613.35. This trade represents a 86.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 33,176 shares of company stock valued at $2,151,552 in the last ninety days. Company insiders own 1.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on BXP shares. Mizuho lifted their price target on shares of BXP from $62.00 to $68.00 and gave the stock a “neutral” rating in a report on Tuesday. Piper Sandler raised their price objective on BXP from $75.00 to $86.00 and gave the stock an “overweight” rating in a research report on Tuesday. Wells Fargo & Company raised their price objective on BXP from $69.00 to $77.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. JPMorgan Chase & Co. dropped their target price on BXP from $82.00 to $79.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 1st. Finally, Deutsche Bank Aktiengesellschaft set a $61.00 target price on BXP in a research report on Wednesday, May 13th. Eleven equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, BXP presently has an average rating of “Moderate Buy” and a consensus target price of $73.11.

BXP Stock Up 1.9%

BXP stock opened at $69.16 on Friday. The stock has a market capitalization of $11.03 billion, a PE ratio of 34.75, a price-to-earnings-growth ratio of 2.93 and a beta of 1.01. BXP, Inc. has a 52 week low of $49.72 and a 52 week high of $79.33. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 2.07. The firm has a 50 day moving average of $65.00 and a 200 day moving average of $61.06.

BXP (NYSE:BXP) last issued its quarterly 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). The company had revenue of $872.15 million for the quarter, compared to analyst estimates of $843.11 million. BXP had a net margin of 9.09% and a return on equity of 4.13%. The company’s revenue for the quarter was up .8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.64 EPS. BXP has set its Q2 2026 guidance at 1.690-1.710 EPS. Sell-side analysts forecast that BXP, Inc. will post 6.96 earnings per share for the current year.

BXP Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th will be issued a dividend of $0.70 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 4.0%. BXP’s payout ratio is 140.70%.

About BXP

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.