Shares of Boston Properties Inc. (NYSE:BXP) reached a new 52-week high during trading on Monday . The company traded as high as $142.85 and last traded at $142.48, with a volume of 232,881 shares traded. The stock had previously closed at $142.13.

BXP has been the subject of a number of recent analyst reports. Zacks Investment Research cut shares of Boston Properties from a “buy” rating to a “hold” rating in a research note on Tuesday, June 21st. Barclays PLC lifted their target price on shares of Boston Properties from $149.00 to $159.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 19th. Stifel Nicolaus reiterated a “buy” rating and issued a $140.00 target price (up from $130.00) on shares of Boston Properties in a research note on Thursday, April 28th. Deutsche Bank AG reiterated a “buy” rating and issued a $152.00 target price (up from $151.00) on shares of Boston Properties in a research note on Monday, July 18th. Finally, Mizuho lifted their target price on shares of Boston Properties from $125.00 to $131.00 and gave the stock a “neutral” rating in a research note on Thursday. Eight analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $142.25.

The company has a 50 day moving average of $132.75 and a 200 day moving average of $125.42. The company has a market capitalization of $21.86 billion and a P/E ratio of 36.473.

Boston Properties (NYSE:BXP) last announced its quarterly earnings results on Tuesday, July 26th. The company reported $1.43 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.39 by $0.04. During the same quarter in the prior year, the company earned $1.36 earnings per share. The company earned $623.50 million during the quarter, compared to analysts’ expectations of $612.38 million. The business’s revenue for the quarter was up .9% on a year-over-year basis. On average, equities research analysts expect that Boston Properties Inc. will post $5.95 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, July 29th. Shareholders of record on Thursday, June 30th were paid a $0.65 dividend. The ex-dividend date was Tuesday, June 28th. This represents a $2.60 annualized dividend and a yield of 1.83%.

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

Several large investors have recently bought and sold shares of BXP. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in Boston Properties by 1.7% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 10,034 shares of the company’s stock valued at $1,280,000 after buying an additional 167 shares during the last quarter. Utah Retirement Systems increased its stake in Boston Properties by 0.6% in the fourth quarter. Utah Retirement Systems now owns 33,937 shares of the company’s stock valued at $4,328,000 after buying an additional 200 shares during the last quarter. Brown Advisory Inc. increased its stake in Boston Properties by 2.8% in the fourth quarter. Brown Advisory Inc. now owns 9,893 shares of the company’s stock valued at $1,262,000 after buying an additional 274 shares during the last quarter. Wells Fargo & Company MN increased its stake in Boston Properties by 0.5% in the fourth quarter. Wells Fargo & Company MN now owns 258,646 shares of the company’s stock valued at $32,987,000 after buying an additional 1,267 shares during the last quarter. Finally, Mitsubishi UFJ Kokusai Asset Management CO. LTD. increased its stake in 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 valued at $5,236,000 after buying an additional 1,875 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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