28,970 Shares in BXP, Inc. $BXP Acquired by Sanctuary Advisors LLC

Sanctuary Advisors LLC acquired a new stake in BXP, Inc. (NYSE:BXP) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 28,970 shares of the real estate investment trust’s stock, valued at approximately $1,921,000.

Other institutional investors have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC grew its stake in shares of BXP by 29.8% during the second quarter. EverSource Wealth Advisors LLC now owns 1,120 shares of the real estate investment trust’s stock worth $76,000 after purchasing an additional 257 shares during the period. First Trust Advisors LP boosted its position in shares of BXP by 45.7% during the second quarter. First Trust Advisors LP now owns 40,369 shares of the real estate investment trust’s stock worth $2,724,000 after purchasing an additional 12,660 shares in the last quarter. Cresset Asset Management LLC grew its holdings in shares of BXP by 29.5% in the 2nd quarter. Cresset Asset Management LLC now owns 9,181 shares of the real estate investment trust’s stock valued at $628,000 after buying an additional 2,089 shares during the period. Jump Financial LLC grew its holdings in shares of BXP by 276.0% in the 2nd quarter. Jump Financial LLC now owns 47,062 shares of the real estate investment trust’s stock valued at $3,175,000 after buying an additional 34,544 shares during the period. Finally, Squarepoint Ops LLC increased its position in shares of BXP by 99.3% in the 2nd quarter. Squarepoint Ops LLC now owns 112,591 shares of the real estate investment trust’s stock valued at $7,597,000 after buying an additional 56,104 shares in the last quarter. Institutional investors and hedge funds own 98.72% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently commented on BXP. UBS Group raised their price objective on BXP from $61.00 to $70.00 and gave the stock a “neutral” rating in a research note on Tuesday. Weiss Ratings raised BXP from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, July 8th. LADENBURG THALM/SH SH increased their price target on BXP from $70.00 to $80.00 and gave the stock a “buy” rating in a report on Wednesday, July 8th. JPMorgan Chase & Co. raised their price target on BXP from $79.00 to $87.00 and gave the stock an “overweight” rating in a research report on Tuesday. Finally, Wall Street Zen upgraded BXP from a “sell” rating to a “hold” rating in a report on Saturday, August 15th. Eleven investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $74.68.

Insider Activity

In related news, CFO Michael E. Labelle sold 26,113 shares of BXP stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $66.35, for a total value of $1,732,597.55. Following the sale, the chief financial officer owned 5,839 shares of the company’s stock, valued at approximately $387,417.65. This trade represents a 81.73% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.50% of the company’s stock.

BXP Trading Down 2.4%

BXP opened at $70.42 on Thursday. The stock has a market capitalization of $11.24 billion, a P/E ratio of 37.86, a P/E/G ratio of 2.69 and a beta of 1.01. BXP, Inc. has a 12 month low of $49.72 and a 12 month high of $79.33. The firm’s fifty day simple moving average is $68.24 and its 200 day simple moving average is $61.59. The company has a current ratio of 3.91, a quick ratio of 3.91 and a debt-to-equity ratio of 2.07.

BXP (NYSE:BXP) last released its earnings results on Tuesday, July 28th. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.40 by $0.03. BXP had a return on equity of 3.88% and a net margin of 8.44%.The firm had revenue of $895.70 million during the quarter, compared to analysts’ expectations of $858.07 million. During the same quarter in the prior year, the company earned $1.71 EPS. The company’s revenue was up 3.1% on a year-over-year basis. BXP has set its FY 2026 guidance at 6.990-7.050 EPS and its Q3 2026 guidance at 1.800-1.820 EPS. As a group, research analysts anticipate that BXP, Inc. will post 7.03 EPS for the current fiscal year.

BXP Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, June 30th were issued a dividend of $0.70 per share. The ex-dividend date was Tuesday, June 30th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 4.0%. BXP’s dividend payout ratio (DPR) is presently 150.54%.

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.