Nan Fung Trinity HK Ltd. Buys 30,700 Shares of BXP, Inc. $BXP

Nan Fung Trinity HK Ltd. increased its stake in BXP, Inc. (NYSE:BXP) by 33.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 121,924 shares of the real estate investment trust’s stock after purchasing an additional 30,700 shares during the quarter. Nan Fung Trinity HK Ltd.’s holdings in BXP were worth $8,227,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Princeton Global Asset Management LLC raised its holdings in BXP by 892.5% in the 4th quarter. Princeton Global Asset Management LLC now owns 397 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 357 shares during the period. MUFG Securities EMEA plc bought a new position in BXP in the 2nd quarter worth $29,000. Avalon Trust Co bought a new position in BXP in the 3rd quarter worth $36,000. Quent Capital LLC bought a new position in BXP in the 3rd quarter worth $44,000. Finally, BOKF NA raised its holdings in BXP by 2,097.0% in the 3rd quarter. BOKF NA now owns 725 shares of the real estate investment trust’s stock worth $54,000 after purchasing an additional 692 shares during the period. 98.72% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Evercore set a $62.00 target price on BXP in a report on Wednesday, April 29th. Truist Financial decreased their target price on BXP from $74.00 to $70.00 and set a “hold” rating on the stock in a report on Monday, February 2nd. JPMorgan Chase & Co. decreased their target price on BXP from $82.00 to $79.00 and set an “overweight” rating on the stock in a report on Wednesday, April 1st. Cantor Fitzgerald reiterated an “overweight” rating and issued a $79.00 price target on shares of BXP in a research note on Thursday, January 29th. Finally, Mizuho cut BXP from an “outperform” rating to a “neutral” rating and decreased their price target for the company from $79.00 to $62.00 in a report on Tuesday, February 24th. Ten analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $73.05.

BXP Price Performance

NYSE:BXP opened at $59.44 on Friday. The company has a quick ratio of 5.36, a current ratio of 4.22 and a debt-to-equity ratio of 2.07. The business’s 50-day simple moving average is $54.92 and its two-hundred day simple moving average is $63.46. The stock has a market cap of $9.43 billion, a PE ratio of 29.87, a P/E/G ratio of 2.56 and a beta of 1.04. BXP, Inc. has a 52 week low of $49.72 and a 52 week high of $79.33.

BXP (NYSE:BXP) last posted its quarterly 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). The business had revenue of $872.15 million for the quarter, compared to the consensus estimate of $843.11 million. BXP had a net margin of 9.09% and a return on equity of 4.13%. BXP’s revenue was up .8% compared to the same quarter last year. During the same period 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. As a group, analysts forecast that BXP, Inc. will post 6.95 EPS for the current fiscal year.

BXP Announces Dividend

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

Insider Transactions at BXP

In other news, EVP Hilary J. Spann sold 5,495 shares of the firm’s stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $59.69, for a total transaction of $327,996.55. Following the completion of the transaction, the executive vice president owned 17,832 shares in the company, valued at $1,064,392.08. This trade represents a 23.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Owen D. Thomas sold 1,198 shares of the firm’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $61.22, for a total value of $73,341.56. The disclosure for this sale is available in the SEC filing. 1.50% of the stock is owned by company insiders.

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.