Shares of Boston Properties Inc. (NYSE:BXP) reached a new 52-week high during mid-day trading on Monday . The stock 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.

Several analysts have issued reports on the stock. Zacks Investment Research raised shares of Boston Properties from a “hold” rating to a “buy” rating and set a $146.00 price objective on the stock in a research report on Wednesday, May 4th. Deutsche Bank AG increased their price objective on shares of Boston Properties from $145.00 to $151.00 and gave the company a “buy” rating in a research report on Monday, May 2nd. Argus increased their price objective on shares of Boston Properties from $137.00 to $143.00 and gave the company a “buy” rating in a research report on Thursday, May 5th. Stifel Nicolaus reissued a “buy” rating and issued a $140.00 price objective (up from $130.00) on shares of Boston Properties in a research report on Thursday, April 28th. Finally, Citigroup Inc. increased their price objective on shares of Boston Properties from $127.00 to $147.00 and gave the company a “buy” rating in a research report on Wednesday, May 4th. Eight research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. Boston Properties presently has an average rating of “Buy” and a consensus price target of $142.25.

The firm’s 50 day moving average price is $133.54 and its 200-day moving average price is $125.83. The company has a market cap of $21.61 billion and a P/E ratio of 36.06.

Boston Properties (NYSE:BXP) last issued its quarterly earnings results on Tuesday, July 26th. The company reported $1.43 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.39 by $0.04. During the same period last year, the firm posted $1.36 earnings per share. The company earned $623.50 million during the quarter, compared to analysts’ expectations of $612.38 million. Boston Properties’s quarterly revenue was up .9% compared to the same quarter last year. Analysts anticipate 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. Investors of record on Thursday, June 30th were issued a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.85%. The ex-dividend date was Tuesday, June 28th.

In other Boston Properties 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 transaction of $114,914.80. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Raymond A. Ritchey sold 35,000 shares of the company’s stock in a transaction dated Monday, June 13th. The shares were sold at an average price of $127.14, for a total transaction of $4,449,900.00. Following the sale, the executive vice president now directly owns 35,000 shares in the company, valued at $4,449,900. The disclosure for this sale can be found here.

A number of large investors have added to or reduced their stakes in the stock. BlackRock Advisors LLC increased its stake in Boston Properties by 193.3% in the fourth quarter. BlackRock Advisors LLC now owns 311,932 shares of the company’s stock valued at $39,784,000 after buying an additional 205,571 shares during the period. KBC Group NV boosted its stake in shares of Boston Properties by 17.9% in the fourth quarter. KBC Group NV now owns 155,192 shares of the company’s stock valued at $19,793,000 after buying an additional 23,579 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Boston Properties by 1.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,969,055 shares of the company’s stock valued at $251,136,000 after buying an additional 23,172 shares in the last quarter. Aberdeen Asset Management PLC UK boosted its stake in shares of Boston Properties by 17.7% in the fourth quarter. Aberdeen Asset Management PLC UK now owns 35,337 shares of the company’s stock valued at $4,373,000 after buying an additional 5,302 shares in the last quarter. Finally, I.G. Investment Management LTD. boosted its stake in shares of Boston Properties by 9.1% in the fourth quarter. I.G. Investment Management LTD. now owns 56,593 shares of the company’s stock valued at $7,218,000 after buying an additional 4,709 shares in 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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