Shares of Boston Properties Inc. (NYSE:BXP) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $134.38 and last traded at $134.28, with a volume of 188,247 shares traded. The stock had previously closed at $133.32.

Several analysts recently issued reports on BXP shares. Zacks Investment Research lowered Boston Properties from a “buy” rating to a “hold” rating in a report on Thursday, May 5th. Argus increased their target price on shares of Boston Properties from $137.00 to $143.00 and gave the stock a “buy” rating in a research report on Thursday, May 5th. Deutsche Bank AG increased their target price on shares of Boston Properties from $145.00 to $151.00 and gave the stock a “buy” rating in a research report on Monday, May 2nd. Stifel Nicolaus reissued a “buy” rating and set a $140.00 target price (up from $130.00) on shares of Boston Properties in a research report on Thursday, April 28th. Finally, BMO Capital Markets reissued a “buy” rating on shares of Boston Properties in a research report on Wednesday, April 27th. Five equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $141.58.

The company has a 50-day moving average price of $127.98 and a 200 day moving average price of $124.21. The firm has a market capitalization of $20.65 billion and a PE ratio of 35.47.

Boston Properties (NYSE:BXP) last issued its quarterly earnings results on Tuesday, April 26th. The company reported $1.63 EPS for the quarter, topping the consensus estimate of $1.59 by $0.04. The business had revenue of $665.99 million for the quarter, compared to the consensus estimate of $644.49 million. The company’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same period last year, the firm earned $1.30 earnings per share. On average, equities analysts expect that Boston Properties Inc. will post $5.94 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 29th. Shareholders of record on Thursday, June 30th will be given a dividend of $0.65 per share. The ex-dividend date of this dividend is Tuesday, June 28th. This represents a $2.60 annualized dividend and a yield of 1.95%.

In other news, Director Joel Klein sold 910 shares of the company’s stock in a transaction dated Wednesday, June 1st. The shares were sold at an average price of $126.28, for a total value of $114,914.80. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Karen E. Dykstra bought 1,500 shares of the company’s stock in a transaction dated Tuesday, June 14th. The stock was purchased at an average cost of $126.48 per share, for a total transaction of $189,720.00. Following the completion of the acquisition, the director now owns 1,213 shares in the company, valued at approximately $153,420.24. The disclosure for this purchase can be found here.

Several large investors have recently modified their holdings of BXP. TD Asset Management Inc. boosted its stake in shares of Boston Properties by 5.7% in the fourth quarter. TD Asset Management Inc. now owns 74,365 shares of the company’s stock worth $9,485,000 after buying an additional 4,020 shares during the last quarter. Eagle Asset Management Inc. boosted its stake in shares of Boston Properties by 1.3% in the fourth quarter. Eagle Asset Management Inc. now owns 25,648 shares of the company’s stock worth $3,271,000 after buying an additional 322 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Boston Properties by 2.8% in the fourth quarter. Vanguard Group Inc. now owns 20,519,791 shares of the company’s stock worth $2,617,095,000 after buying an additional 559,272 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. boosted its stake in shares of Boston Properties by 4.8% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. now owns 41,055 shares of the company’s stock worth $5,236,000 after buying an additional 1,875 shares during the last quarter. Finally, Principal Financial Group Inc. boosted its stake in shares of Boston Properties by 18.2% in the fourth quarter. Principal Financial Group Inc. now owns 3,017,523 shares of the company’s stock worth $384,855,000 after buying an additional 464,595 shares during the last quarter.

Boston Properties, Inc is a fully integrated, self-administered and self-managed real estate investment trust (REIT). The Company is engaged in owning and developing office properties in the United States. The Company’s properties are concentrated in four markets: Boston, New York, San Francisco and Washington, DC.

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