Palogic Value Management L.P. Makes New Investment in BXP, Inc. $BXP

Palogic Value Management L.P. purchased a new position in shares of BXP, Inc. (NYSE:BXP) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 12,795 shares of the real estate investment trust’s stock, valued at approximately $848,000.

Other hedge funds have also made changes to their positions in the company. Elyxium Wealth LLC bought a new stake in BXP during the fourth quarter worth approximately $25,000. MUFG Securities EMEA plc bought a new position in shares of BXP in the second quarter valued at approximately $29,000. Clearstead Advisors LLC lifted its stake in shares of BXP by 109.4% in the fourth quarter. Clearstead Advisors LLC now owns 513 shares of the real estate investment trust’s stock worth $35,000 after buying an additional 268 shares during the last quarter. Silvant Capital Management LLC acquired a new stake in shares of BXP in the second quarter worth $41,000. Finally, State of Wyoming boosted its holdings in shares of BXP by 45.5% during the 4th quarter. State of Wyoming now owns 617 shares of the real estate investment trust’s stock worth $42,000 after buying an additional 193 shares during the period. Institutional investors and hedge funds own 98.72% of the company’s stock.

Insiders Place Their Bets

In related news, CFO Michael E. Labelle sold 26,113 shares of the business’s stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $66.35, for a total transaction of $1,732,597.55. Following the transaction, the chief financial officer directly owned 5,839 shares in the company, valued at $387,417.65. The trade was a 81.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 1.50% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on BXP. LADENBURG THALM/SH SH raised their target price on shares of BXP from $70.00 to $80.00 and gave the company a “buy” rating in a research note on Wednesday, July 8th. Piper Sandler upped their price target on shares of BXP from $75.00 to $86.00 and gave the company an “overweight” rating in a report on Tuesday, July 21st. Cantor Fitzgerald lowered their price target on BXP from $79.00 to $70.00 and set an “overweight” rating on the stock in a research report on Friday, May 15th. Wall Street Zen upgraded BXP from a “sell” rating to a “hold” rating in a research note on Saturday, August 15th. Finally, BMO Capital Markets reissued an “outperform” rating and set a $68.00 price objective on shares of BXP in a research report on Tuesday, June 2nd. Eleven research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $74.68.

BXP Price Performance

NYSE:BXP opened at $70.42 on Thursday. The stock has a market cap of $11.24 billion, a P/E ratio of 37.86, a PEG ratio of 2.69 and a beta of 1.01. BXP, Inc. has a one year low of $49.72 and a one year high of $79.33. The company has a fifty day moving average price of $68.24 and a 200 day moving average price of $61.59. The company has a debt-to-equity ratio of 2.07, a current ratio of 3.91 and a quick ratio of 3.91.

BXP (NYSE:BXP) last posted its quarterly earnings results on Tuesday, July 28th. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.03. BXP had a net margin of 8.44% and a return on equity of 3.88%. The company had revenue of $895.70 million for the quarter, compared to analyst estimates of $858.07 million. During the same period last year, the business posted $1.71 EPS. The business’s quarterly 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. Analysts anticipate that BXP, Inc. will post 7.03 earnings per share for the current year.

BXP Dividend Announcement

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

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.