Landscape Capital Management L.L.C. Purchases Shares of 16,354 BXP, Inc. $BXP

Landscape Capital Management L.L.C. acquired a new stake in BXP, Inc. (NYSE:BXP) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 16,354 shares of the real estate investment trust’s stock, valued at approximately $1,084,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. BlackRock Inc. acquired a new stake in shares of BXP during the 2nd quarter valued at about $1,192,349,000. Cohen & Steers Inc. raised its position in BXP by 41.4% in the fourth quarter. Cohen & Steers Inc. now owns 15,382,890 shares of the real estate investment trust’s stock worth $1,038,176,000 after purchasing an additional 4,503,738 shares in the last quarter. Norges Bank acquired a new position in BXP in the fourth quarter worth about $689,419,000. Geode Capital Management LLC lifted its stake in BXP by 1.3% during 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 period. Finally, Invesco Ltd. boosted its holdings in BXP by 5.2% during the fourth quarter. Invesco Ltd. now owns 4,101,236 shares of the real estate investment trust’s stock valued at $276,751,000 after purchasing an additional 204,258 shares in the last quarter. 98.72% of the stock is owned by institutional investors.

Insider Transactions at BXP

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

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. Evercore set a $68.00 target price on BXP in a report on Monday, July 6th. Truist Financial lowered their price target on BXP from $70.00 to $64.00 and set a “hold” rating on the stock in a research report on Tuesday, May 26th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of BXP in a research note on Wednesday, August 12th. Wall Street Zen raised BXP from a “sell” rating to a “hold” rating in a report on Saturday, August 15th. Finally, Cantor Fitzgerald reduced their target price on shares of BXP from $79.00 to $70.00 and set an “overweight” rating on the stock in a research note on Friday, May 15th. Eleven analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, BXP currently has a consensus rating of “Moderate Buy” and a consensus price target of $74.58.

BXP Stock Performance

NYSE BXP opened at $67.50 on Monday. The firm has a market cap of $10.78 billion, a price-to-earnings ratio of 36.29, a PEG ratio of 2.53 and a beta of 1.01. The company has a 50 day moving average of $67.88 and a 200-day moving average of $61.43. 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, Inc. has a 1-year low of $49.72 and a 1-year high of $79.33.

BXP (NYSE:BXP) last posted 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. The company had revenue of $895.70 million during the quarter, compared to analysts’ expectations of $858.07 million. BXP had a net margin of 8.44% and a return on equity of 3.88%. BXP’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.71 earnings per share. BXP has set its FY 2026 guidance at 6.990-7.050 EPS and its Q3 2026 guidance at 1.800-1.820 EPS. On average, equities analysts forecast that BXP, Inc. will post 7.03 earnings per share for the current fiscal year.

BXP Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th were given a $0.70 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $2.80 annualized dividend and a yield of 4.1%. BXP’s payout ratio is presently 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.