Mitsubishi UFJ Asset Management Co. Ltd. Purchases Shares of 37,889 BXP, Inc. $BXP

Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of BXP, Inc. (NYSE:BXP) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 37,889 shares of the real estate investment trust’s stock, valued at approximately $109,000.

Several other hedge funds have also made changes to their positions in BXP. Norges Bank purchased a new position in BXP during the fourth quarter worth about $689,419,000. Cohen & Steers Inc. grew its holdings in BXP by 41.4% in the 4th quarter. Cohen & Steers Inc. now owns 15,382,890 shares of the real estate investment trust’s stock valued at $1,038,176,000 after buying an additional 4,503,738 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of BXP by 32,286.7% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,889,115 shares of the real estate investment trust’s stock valued at $127,477,000 after acquiring an additional 1,883,282 shares during the last quarter. Invesco Ltd. boosted its position in shares of BXP by 44.9% in the third quarter. Invesco Ltd. now owns 3,896,978 shares of the real estate investment trust’s stock worth $289,701,000 after acquiring an additional 1,207,607 shares during the last quarter. Finally, Daiwa Securities Group Inc. grew its holdings in BXP by 52.4% in the fourth quarter. Daiwa Securities Group Inc. now owns 3,065,995 shares of the real estate investment trust’s stock valued at $206,893,000 after purchasing an additional 1,053,938 shares during the period. Institutional investors and hedge funds own 98.72% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. LADENBURG THALM/SH SH lifted their price target on shares of BXP from $70.00 to $80.00 and gave the company a “buy” rating in a report on Wednesday, July 8th. Cantor Fitzgerald lowered their price target on BXP from $79.00 to $70.00 and set an “overweight” rating for the company in a research report on Friday, May 15th. Wells Fargo & Company upped their price target on BXP from $69.00 to $77.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. Wall Street Zen raised BXP from a “sell” rating to a “hold” rating in a research note on Saturday, August 15th. Finally, Evercore set a $68.00 target price on shares of BXP in a research report on Monday, July 6th. Eleven investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, BXP has a consensus rating of “Moderate Buy” and an average price target of $74.58.

BXP Stock Performance

BXP stock opened at $67.50 on Monday. The firm has a market capitalization of $10.78 billion, a PE ratio of 36.29, a price-to-earnings-growth ratio of 2.53 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 stock’s 50 day moving average price is $67.88 and its 200 day moving average price is $61.43. The company has a debt-to-equity ratio of 2.07, a quick ratio of 3.91 and a current ratio of 3.91.

BXP (NYSE:BXP) last posted its quarterly earnings data on Tuesday, July 28th. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.03. The company had revenue of $895.70 million for the quarter, compared to analyst estimates of $858.07 million. BXP had a net margin of 8.44% and a return on equity of 3.88%. The business’s quarterly revenue was up 3.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.71 earnings per share. 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, sell-side analysts expect that BXP, Inc. will post 7.03 EPS for the current fiscal year.

BXP Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, June 30th were paid a $0.70 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $2.80 annualized dividend and a dividend yield of 4.1%. BXP’s payout ratio is 150.54%.

Insider Buying and Selling

In other BXP news, CFO Michael E. Labelle sold 26,113 shares of the firm’s stock in a transaction that occurred on 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 completion of the sale, the chief financial officer owned 5,839 shares in the company, valued at $387,417.65. This trade represents a 81.73% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 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.