BXP, Inc. $BXP Shares Acquired by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC increased its holdings in shares of BXP, Inc. (NYSE:BXP) by 28.0% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 65,283 shares of the real estate investment trust’s stock after purchasing an additional 14,276 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in BXP were worth $3,388,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the business. Elyxium Wealth LLC acquired a new position in BXP during the fourth quarter valued at approximately $25,000. Princeton Global Asset Management LLC increased its position in shares of 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 in the last quarter. MUFG Securities EMEA plc acquired a new stake in shares of BXP in the second quarter worth $29,000. Clearstead Advisors LLC raised its stake in shares of BXP by 109.4% in the 4th quarter. Clearstead Advisors LLC now owns 513 shares of the real estate investment trust’s stock valued at $35,000 after acquiring an additional 268 shares during the period. Finally, State of Wyoming raised its stake 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 acquiring an additional 193 shares during the period. Hedge funds and other institutional investors own 98.72% of the company’s stock.

BXP Price Performance

BXP opened at $67.31 on Friday. The company has a market capitalization of $10.73 billion, a P/E ratio of 33.82, a PEG ratio of 2.91 and a beta of 1.04. The company has a 50-day moving average of $61.12 and a 200-day moving average of $61.23. The company has a debt-to-equity ratio of 2.07, a quick ratio of 4.22 and a current ratio of 4.22. BXP, Inc. has a 1-year low of $49.72 and a 1-year high of $79.33.

BXP (NYSE:BXP) last issued its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $0.64 EPS for the quarter, missing the consensus estimate of $1.58 by ($0.94). The company had revenue of $872.15 million for the quarter, compared to the consensus estimate of $843.11 million. BXP had a return on equity of 4.13% and a net margin of 9.09%.The business’s revenue for the quarter was up .8% on a year-over-year basis. During the same period in the previous year, the business posted $1.64 EPS. BXP has set its Q2 2026 guidance at 1.690-1.710 EPS. Equities analysts expect that BXP, Inc. will post 6.95 EPS for the current fiscal year.

BXP Announces Dividend

The company also recently announced 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. This represents a $2.80 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend is Tuesday, June 30th. BXP’s dividend payout ratio (DPR) is currently 140.70%.

Insiders Place Their Bets

In other news, EVP Peter V. Otteni sold 4,863 shares of BXP 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. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Eric G. Kevorkian sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The shares were 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 owned 311 shares of the company’s stock, valued at $18,613.35. This trade represents a 86.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 33,176 shares of company stock valued at $2,151,552 in the last quarter. Insiders own 1.50% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on BXP. Wall Street Zen raised shares of BXP from a “sell” rating to a “hold” rating in a research report on Sunday, June 14th. Deutsche Bank Aktiengesellschaft set a $61.00 price objective on BXP in a research note on Wednesday, May 13th. Piper Sandler decreased their target price on BXP from $87.00 to $75.00 and set an “overweight” rating for the company in a research report on Wednesday, April 1st. Wells Fargo & Company increased their target price on BXP from $69.00 to $77.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Finally, Citigroup reduced their price target on BXP from $68.00 to $58.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 15th. Eleven investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $70.90.

About BXP

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.