Commerzbank Aktiengesellschaft FI Takes Position in BXP, Inc. $BXP

Commerzbank Aktiengesellschaft FI bought a new position in shares of BXP, Inc. (NYSE:BXP) in the 1st quarter, Holdings Channel.com reports. The fund bought 7,492 shares of the real estate investment trust’s stock, valued at approximately $389,000.

A number of other hedge funds also recently bought and sold shares of BXP. Elyxium Wealth LLC acquired a new position in shares of BXP during the fourth quarter worth about $25,000. Princeton Global Asset Management LLC lifted its stake in BXP by 892.5% in the fourth 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 during the last quarter. MUFG Securities EMEA plc acquired a new position in BXP during the 2nd quarter worth approximately $29,000. Clearstead Advisors LLC grew its holdings in BXP by 109.4% during the 4th quarter. Clearstead Advisors LLC now owns 513 shares of the real estate investment trust’s stock worth $35,000 after acquiring an additional 268 shares in the last quarter. Finally, State of Wyoming increased its position in shares of BXP by 45.5% in the 4th quarter. State of Wyoming now owns 617 shares of the real estate investment trust’s stock valued at $42,000 after purchasing an additional 193 shares during the last quarter. Institutional investors and hedge funds own 98.72% of the company’s stock.

BXP Trading Down 1.4%

Shares of BXP stock opened at $67.37 on Thursday. The company has a fifty day simple moving average of $64.61 and a 200-day simple moving average of $61.00. BXP, Inc. has a 12-month low of $49.72 and a 12-month high of $79.33. The company has a current ratio of 4.22, a quick ratio of 4.22 and a debt-to-equity ratio of 2.07. The stock has a market cap of $10.74 billion, a price-to-earnings ratio of 33.85, a PEG ratio of 2.95 and a beta of 1.01.

BXP (NYSE:BXP) last posted its earnings results on Tuesday, April 28th. The real estate investment trust reported $0.64 EPS for the quarter, missing analysts’ consensus estimates of $1.58 by ($0.94). BXP had a net margin of 9.09% and a return on equity of 4.13%. The company had revenue of $872.15 million during the quarter, compared to analysts’ expectations of $843.11 million. During the same period last year, the business earned $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 forecast that BXP, Inc. will post 6.95 EPS for the current fiscal year.

BXP Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders 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 annualized dividend and a dividend yield of 4.2%. BXP’s dividend payout ratio (DPR) is presently 140.70%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on BXP shares. Weiss Ratings raised shares of BXP from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, July 8th. Mizuho increased their target price on BXP from $62.00 to $68.00 and gave the company a “neutral” rating in a report on Tuesday. Evercore set a $68.00 price target on BXP in a research note on Monday, July 6th. Piper Sandler lifted their price target on BXP from $75.00 to $86.00 and gave the stock an “overweight” rating in a report on Tuesday. Finally, JPMorgan Chase & Co. lowered their price objective on BXP from $82.00 to $79.00 and set an “overweight” rating for the company in a research report on Wednesday, April 1st. 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.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $73.11.

Insider Transactions at BXP

In related news, SVP Eric G. Kevorkian sold 2,000 shares of the company’s stock in a transaction dated 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 sale, the senior vice president directly owned 311 shares of the company’s stock, valued at $18,613.35. This represents a 86.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Peter V. Otteni sold 4,863 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $59.06, for a total value of $287,208.78. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 33,176 shares of company stock worth $2,151,552. Corporate insiders own 1.50% of the company’s stock.

BXP 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.