125,861 Shares in BXP, Inc. $BXP Purchased by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. bought a new position in shares of BXP, Inc. (NYSE:BXP) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 125,861 shares of the real estate investment trust’s stock, valued at approximately $8,493,000.

A number of other institutional investors have also added to or reduced their stakes in BXP. Invesco Ltd. grew its position in BXP by 44.9% during the third quarter. Invesco Ltd. now owns 3,896,978 shares of the real estate investment trust’s stock worth $289,701,000 after buying an additional 1,207,607 shares in the last quarter. Daiwa Securities Group Inc. boosted its holdings in BXP by 76.8% during the third quarter. Daiwa Securities Group Inc. now owns 2,012,057 shares of the real estate investment trust’s stock valued at $149,576,000 after purchasing an additional 873,974 shares in the last quarter. Bamco Inc. NY acquired a new stake in BXP during the second quarter valued at approximately $38,580,000. Boston Partners boosted its holdings in BXP by 17.6% during the third quarter. Boston Partners now owns 3,538,351 shares of the real estate investment trust’s stock valued at $263,031,000 after purchasing an additional 529,158 shares in the last quarter. Finally, Russell Investments Group Ltd. boosted its holdings in BXP by 145.5% during the third quarter. Russell Investments Group Ltd. now owns 663,445 shares of the real estate investment trust’s stock valued at $49,475,000 after purchasing an additional 393,255 shares in the last quarter. 98.72% of the stock is owned by institutional investors and hedge funds.

BXP Stock Performance

NYSE:BXP opened at $60.32 on Monday. BXP, Inc. has a 1 year low of $49.72 and a 1 year high of $79.33. The firm has a 50 day moving average of $55.69 and a 200-day moving average of $62.46. The company has a current ratio of 4.22, a quick ratio of 4.22 and a debt-to-equity ratio of 2.07. The stock has a market capitalization of $9.62 billion, a P/E ratio of 30.31, a price-to-earnings-growth ratio of 2.60 and a beta of 1.04.

BXP (NYSE:BXP) last posted 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). BXP had a net margin of 9.09% and a return on equity of 4.13%. The firm had revenue of $872.15 million during the quarter, compared to the consensus estimate of $843.11 million. During the same quarter last year, the firm posted $1.64 EPS. The business’s revenue was up .8% on a year-over-year basis. 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 fiscal year.

BXP Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Tuesday, March 31st were paid a $0.70 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $2.80 dividend on an annualized basis and a dividend yield of 4.6%. BXP’s payout ratio is 140.70%.

Insider Buying and Selling

In other news, EVP Hilary J. Spann sold 5,495 shares of BXP stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $59.69, for a total value of $327,996.55. Following the completion of the transaction, the executive vice president owned 17,832 shares in the company, valued at approximately $1,064,392.08. The trade was a 23.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Peter V. Otteni sold 4,863 shares of BXP stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $59.06, for a total transaction of $287,208.78. The SEC filing for this sale provides additional information. Insiders own 1.50% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Truist Financial decreased their price objective on BXP from $74.00 to $70.00 and set a “hold” rating on the stock in a report on Monday, February 2nd. The Goldman Sachs Group set a $72.00 price objective on BXP in a report on Wednesday, February 4th. JPMorgan Chase & Co. decreased their price objective on BXP from $82.00 to $79.00 and set an “overweight” rating on the stock in a report on Wednesday, April 1st. Piper Sandler decreased their price objective on BXP from $87.00 to $75.00 and set an “overweight” rating on the stock in a report on Wednesday, April 1st. Finally, Mizuho downgraded BXP from an “outperform” rating to a “neutral” rating and decreased their price objective for the company from $79.00 to $62.00 in a report on Tuesday, February 24th. Ten research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $71.60.

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.