National Pension Service Purchases 9,510 Shares of BXP, Inc. $BXP

National Pension Service increased its position in shares of BXP, Inc. (NYSE:BXPFree Report) by 133.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,621 shares of the real estate investment trust’s stock after buying an additional 9,510 shares during the period. National Pension Service’s holdings in BXP were worth $1,122,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Stonehaven Wealth & Tax Solutions LLC raised its stake in BXP by 4.6% during the fourth quarter. Stonehaven Wealth & Tax Solutions LLC now owns 3,691 shares of the real estate investment trust’s stock worth $249,000 after buying an additional 162 shares during the last quarter. Sage Mountain Advisors LLC raised its stake in BXP by 4.8% during the fourth quarter. Sage Mountain Advisors LLC now owns 3,722 shares of the real estate investment trust’s stock worth $251,000 after buying an additional 171 shares during the last quarter. Signaturefd LLC raised its stake in BXP by 2.5% during the fourth quarter. Signaturefd LLC now owns 7,383 shares of the real estate investment trust’s stock worth $498,000 after buying an additional 179 shares during the last quarter. Keybank National Association OH raised its stake in BXP by 5.4% during the fourth quarter. Keybank National Association OH now owns 3,578 shares of the real estate investment trust’s stock worth $241,000 after buying an additional 183 shares during the last quarter. Finally, Apollon Wealth Management LLC raised its stake in BXP by 6.4% during the fourth quarter. Apollon Wealth Management LLC now owns 3,544 shares of the real estate investment trust’s stock worth $239,000 after buying an additional 214 shares during the last quarter. Institutional investors own 98.72% of the company’s stock.

Insider Transactions at BXP

In other news, EVP Peter V. Otteni sold 4,863 shares of BXP stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $59.06, for a total transaction of $287,208.78. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Eric G. Kevorkian sold 2,000 shares of BXP stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $59.85, for a total transaction of $119,700.00. Following the transaction, the senior vice president owned 311 shares of the company’s stock, valued at $18,613.35. This represents a 86.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 7,063 shares of company stock valued at $418,955 over the last quarter. Corporate insiders own 1.50% of the company’s stock.

Wall Street Analysts Forecast Growth

BXP has been the subject of a number of analyst reports. UBS Group lowered their target price on shares of BXP from $66.00 to $61.00 and set a “neutral” rating for the company in a research note on Thursday, May 14th. Scotiabank lowered their target price on shares of BXP from $74.00 to $65.00 and set a “sector perform” rating for the company in a research note on Monday, March 2nd. Evercore set a $62.00 target price on shares of BXP in a research note on Wednesday, April 29th. Cantor Fitzgerald reduced their price target on shares of BXP from $79.00 to $70.00 and set an “overweight” rating for the company in a report on Friday, May 15th. Finally, Deutsche Bank Aktiengesellschaft set a $61.00 price target on shares of BXP in a report on Wednesday, May 13th. Ten analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $71.45.

Get Our Latest Stock Analysis on BXP

BXP Stock Down 1.4%

Shares of NYSE BXP opened at $59.14 on Tuesday. The stock has a market capitalization of $9.43 billion, a P/E ratio of 29.72, a P/E/G ratio of 2.59 and a beta of 1.04. The company has a 50-day moving average price of $56.58 and a 200-day moving average price of $62.00. BXP, Inc. has a 1 year low of $49.72 and a 1 year 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.

BXP (NYSE:BXPGet Free Report) last issued its quarterly earnings data 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 business 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 firm’s quarterly revenue was up .8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.64 earnings per share. BXP has set its Q2 2026 guidance at 1.690-1.710 EPS. On average, equities research analysts forecast that BXP, Inc. will post 6.95 EPS for the current fiscal year.

BXP Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Tuesday, March 31st were issued a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date was Tuesday, March 31st. BXP’s dividend payout ratio (DPR) is currently 140.70%.

BXP Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for BXP (NYSE:BXP)

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