State of Wyoming boosted its holdings in shares of BXP, Inc. (NYSE:BXP – Free Report) by 1,177.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,884 shares of the real estate investment trust’s stock after acquiring an additional 7,267 shares during the quarter. State of Wyoming’s holdings in BXP were worth $409,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BXP. SG Americas Securities LLC lifted its holdings in BXP by 546.2% during the 4th quarter. SG Americas Securities LLC now owns 43,708 shares of the real estate investment trust’s stock worth $2,949,000 after buying an additional 36,944 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in shares of BXP by 9.4% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 450,591 shares of the real estate investment trust’s stock valued at $30,559,000 after buying an additional 38,639 shares during the period. Fisher Asset Management LLC increased its stake in shares of BXP by 30.7% in the fourth quarter. Fisher Asset Management LLC now owns 327,262 shares of the real estate investment trust’s stock valued at $22,084,000 after buying an additional 76,946 shares during the period. Nan Fung Trinity HK Ltd. raised its position in shares of BXP by 33.7% during the fourth quarter. Nan Fung Trinity HK Ltd. now owns 121,924 shares of the real estate investment trust’s stock worth $8,227,000 after acquiring an additional 30,700 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of BXP by 2,555.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 212,549 shares of the real estate investment trust’s stock worth $14,343,000 after acquiring an additional 204,544 shares during the last quarter. 98.72% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at BXP
In other news, SVP Eric G. Kevorkian sold 2,000 shares of the 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Peter V. Otteni sold 4,863 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The shares were 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. Insiders have sold 33,176 shares of company stock valued at $2,151,552 in the last 90 days. 1.50% of the stock is currently owned by corporate insiders.
BXP Stock Performance
BXP (NYSE:BXP – Get Free Report) last released its 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 firm’s revenue was up .8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.64 EPS. BXP has set its Q2 2026 guidance at 1.690-1.710 EPS. As a group, sell-side analysts anticipate that BXP, Inc. will post 6.96 EPS 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 is Tuesday, June 30th. This represents a $2.80 annualized dividend and a dividend yield of 4.0%. BXP’s dividend payout ratio is currently 140.70%.
Wall Street Analysts Forecast Growth
BXP has been the topic of a number of recent analyst reports. Citigroup cut their price objective on BXP from $68.00 to $58.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 15th. JPMorgan Chase & Co. lowered their price target on shares of BXP from $82.00 to $79.00 and set an “overweight” rating for the company in a report on Wednesday, April 1st. Cantor Fitzgerald dropped their price target on shares of BXP from $79.00 to $70.00 and set an “overweight” rating on the stock in a research report on Friday, May 15th. Deutsche Bank Aktiengesellschaft set a $61.00 price objective on shares of BXP in a research note on Wednesday, May 13th. Finally, Barclays increased their price objective on shares of BXP from $65.00 to $79.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 21st. Eleven equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $73.11.
Read Our Latest Stock Analysis on BXP
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.
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