41,139 Shares in BXP, Inc. $BXP Bought by Corient Private Wealth LP

Corient Private Wealth LP purchased a new stake in BXP, Inc. (NYSE:BXP) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 41,139 shares of the real estate investment trust’s stock, valued at approximately $2,728,000.

Other large investors also recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in shares of BXP during the second quarter worth about $1,192,349,000. Norges Bank acquired a new stake in shares of BXP in the 4th quarter valued at about $689,419,000. Cohen & Steers Inc. grew its stake in BXP by 41.4% during the 4th quarter. Cohen & Steers Inc. now owns 15,382,890 shares of the real estate investment trust’s stock worth $1,038,176,000 after buying an additional 4,503,738 shares during the last quarter. Bank of America Corp DE acquired a new position in BXP during the second quarter worth approximately $186,471,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in BXP by 32,286.7% during the fourth 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 worth $127,477,000 after buying an additional 1,883,282 shares during the period. Institutional investors and hedge funds own 98.72% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on BXP. Weiss Ratings raised BXP from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, July 8th. Citigroup lifted their target price on shares of BXP from $58.00 to $69.00 and gave the company a “neutral” rating in a report on Tuesday, August 4th. Wall Street Zen upgraded shares of BXP from a “sell” rating to a “hold” rating in a research note on Saturday, August 15th. Cantor Fitzgerald lowered their price objective 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. Finally, Truist Financial dropped their price objective on shares of BXP from $70.00 to $64.00 and set a “hold” rating on the stock in a research note on Tuesday, May 26th. Eleven investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $75.05.

Insider Buying and Selling

In other BXP news, CFO Michael E. Labelle sold 26,113 shares of the company’s stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $66.35, for a total transaction of $1,732,597.55. Following the completion of the transaction, the chief financial officer owned 5,839 shares in the company, valued at approximately $387,417.65. This represents a 81.73% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.50% of the company’s stock.

BXP Stock Down 1.3%

BXP stock opened at $67.09 on Wednesday. The stock has a 50 day moving average of $68.55 and a two-hundred day moving average of $61.71. BXP, Inc. has a twelve month low of $49.72 and a twelve month high of $79.33. The stock has a market capitalization of $10.71 billion, a price-to-earnings ratio of 36.07, a PEG ratio of 2.54 and a beta of 1.01. The company has a current ratio of 3.91, a quick ratio of 3.91 and a debt-to-equity ratio of 2.07.

BXP (NYSE:BXP) last released its earnings results 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. BXP had a return on equity of 3.88% and a net margin of 8.44%.The business had revenue of $895.70 million for the quarter, compared to analyst estimates of $858.07 million. During the same quarter in the previous year, the company posted $1.71 earnings per share. The company’s revenue for the quarter was up 3.1% compared to the same quarter last year. 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, research analysts expect that BXP, Inc. will post 7.02 earnings per share for the current year.

BXP Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th were paid a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend was Tuesday, June 30th. BXP’s payout ratio is currently 150.54%.

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.