Eurizon Capital SGR S.p.A. Acquires Shares of 19,896 BXP, Inc. $BXP

Eurizon Capital SGR S.p.A. purchased a new position in BXP, Inc. (NYSE:BXP) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 19,896 shares of the real estate investment trust’s stock, valued at approximately $1,354,000.

Several other hedge funds have also recently modified their holdings of the business. National Pension Service raised its stake in shares of BXP by 133.7% in the fourth quarter. National Pension Service now owns 16,621 shares of the real estate investment trust’s stock worth $1,122,000 after purchasing an additional 9,510 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of BXP by 3.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 8,253 shares of the real estate investment trust’s stock worth $557,000 after purchasing an additional 248 shares during the last quarter. Foundations Investment Advisors LLC raised its stake in shares of BXP by 29.2% in the fourth quarter. Foundations Investment Advisors LLC now owns 6,184 shares of the real estate investment trust’s stock worth $417,000 after purchasing an additional 1,396 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of BXP by 1.3% in the fourth quarter. Geode Capital Management LLC now owns 4,270,027 shares of the real estate investment trust’s stock worth $287,121,000 after purchasing an additional 55,621 shares during the last quarter. Finally, Allstate Corp raised its stake in shares of BXP by 492.3% in the fourth quarter. Allstate Corp now owns 31,812 shares of the real estate investment trust’s stock worth $2,147,000 after purchasing an additional 26,441 shares during the last quarter. Hedge funds and other institutional investors own 98.72% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on BXP. UBS Group decreased their price target on BXP from $66.00 to $61.00 and set a “neutral” rating for the company in a research note on Thursday, May 14th. Truist Financial decreased their price target on BXP from $70.00 to $64.00 and set a “hold” rating for the company in a research note on Tuesday, May 26th. Deutsche Bank Aktiengesellschaft set a $61.00 price target on BXP in a research note on Wednesday, May 13th. The Goldman Sachs Group set a $72.00 price target on BXP in a research note on Wednesday, February 4th. Finally, Piper Sandler decreased their price target on BXP from $87.00 to $75.00 and set an “overweight” rating for the company in a research note on Wednesday, April 1st. Ten research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $70.65.

BXP Stock Performance

Shares of BXP opened at $61.12 on Wednesday. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 2.07. The business has a 50-day simple moving average of $56.58 and a two-hundred day simple moving average of $62.00. The stock has a market cap of $9.75 billion, a price-to-earnings ratio of 30.71, a PEG ratio of 2.55 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 issued 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 company had revenue of $872.15 million during the quarter, compared to analysts’ expectations of $843.11 million. BXP had a return on equity of 4.13% and a net margin of 9.09%.The business’s quarterly revenue was up .8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.64 EPS. BXP has set its Q2 2026 guidance at 1.690-1.710 EPS. On average, analysts expect that BXP, Inc. will post 6.95 EPS for the current year.

BXP Dividend Announcement

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

Insider Transactions at BXP

In other BXP news, SVP Eric G. Kevorkian sold 2,000 shares of the company’s stock in a transaction dated Friday, May 22nd. The stock was 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 in the company, valued at $18,613.35. This represents a 86.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Peter V. Otteni sold 4,863 shares of the company’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $59.06, for a total value of $287,208.78. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 7,063 shares of company stock valued at $418,955. Company 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.