Boston Properties, Inc. (NYSE:BXP)’s share price reached a new 52-week low on Tuesday . The company traded as low as $112.75 and last traded at $112.88, with a volume of 1144778 shares. The stock had previously closed at $114.74.

A number of research firms recently weighed in on BXP. BMO Capital Markets reaffirmed a “hold” rating and issued a $134.00 price target on shares of Boston Properties in a report on Thursday, February 1st. Robert W. Baird reiterated a “hold” rating and set a $134.00 price objective on shares of Boston Properties in a research note on Wednesday, January 31st. SunTrust Banks set a $127.00 price objective on Boston Properties and gave the stock a “hold” rating in a research note on Monday, January 22nd. Edward Jones upgraded Boston Properties from a “hold” rating to a “buy” rating in a research note on Monday. Finally, Barclays reiterated a “buy” rating and set a $131.00 price objective (down from $135.00) on shares of Boston Properties in a research note on Tuesday, January 30th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $131.20.

The company has a debt-to-equity ratio of 0.92, a current ratio of 0.43 and a quick ratio of 0.44. The firm has a market cap of $17,796.79, a P/E ratio of 39.37, a P/E/G ratio of 3.26 and a beta of 0.58.

Boston Properties (NYSE:BXP) last posted its quarterly earnings data on Tuesday, January 30th. The real estate investment trust reported $1.49 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.47 by $0.02. The company had revenue of $655.23 million during the quarter, compared to analyst estimates of $654.36 million. Boston Properties had a return on equity of 5.86% and a net margin of 17.67%. Boston Properties’s quarterly revenue was up 3.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.94 EPS. analysts predict that Boston Properties, Inc. will post 6.33 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 30th. Stockholders of record on Friday, December 29th were given a $0.80 dividend. The ex-dividend date of this dividend was Thursday, December 28th. This is a positive change from Boston Properties’s previous quarterly dividend of $0.75. This represents a $3.20 dividend on an annualized basis and a dividend yield of 2.77%. Boston Properties’s dividend payout ratio is 109.22%.

Several hedge funds have recently bought and sold shares of BXP. Daiwa Securities Group Inc. grew its position in shares of Boston Properties by 6,461.6% in the fourth quarter. Daiwa Securities Group Inc. now owns 1,815,988 shares of the real estate investment trust’s stock valued at $236,133,000 after purchasing an additional 1,788,312 shares in the last quarter. PGGM Investments grew its position in shares of Boston Properties by 33.2% in the fourth quarter. PGGM Investments now owns 2,950,000 shares of the real estate investment trust’s stock valued at $383,588,000 after purchasing an additional 734,542 shares in the last quarter. American Century Companies Inc. grew its position in shares of Boston Properties by 44.4% in the third quarter. American Century Companies Inc. now owns 1,420,314 shares of the real estate investment trust’s stock valued at $174,528,000 after purchasing an additional 436,901 shares in the last quarter. Ameriprise Financial Inc. grew its position in shares of Boston Properties by 173.1% in the third quarter. Ameriprise Financial Inc. now owns 621,030 shares of the real estate investment trust’s stock valued at $76,326,000 after purchasing an additional 393,612 shares in the last quarter. Finally, Resolution Capital Ltd grew its position in shares of Boston Properties by 100.9% in the fourth quarter. Resolution Capital Ltd now owns 505,898 shares of the real estate investment trust’s stock valued at $65,782,000 after purchasing an additional 254,092 shares in the last quarter. Institutional investors and hedge funds own 95.87% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: This piece of content was originally published by Daily Political and is owned by of Daily Political. If you are viewing this piece of content on another domain, it was copied illegally and republished in violation of United States and international trademark and copyright legislation. The legal version of this piece of content can be accessed at https://www.dailypolitical.com/2018/02/08/boston-properties-bxp-reaches-new-1-year-low-at-112-75.html.

Boston Properties Company Profile

Boston Properties, Inc is a real estate investment trust. The Company is an owner and developer of office properties in the United States. Its segments by geographic area are Boston, New York, San Francisco and Washington, DC. Its segments by property type include Office, Residential and Hotel. As of December 31, 2016, the Company owned or had interests in 174 commercial real estate properties, aggregating approximately 47.7 million net rentable square feet of primarily Class A office properties, including eight properties under construction/redevelopment totaling approximately 4.0 million net rentable square feet.

Receive News & Ratings for Boston Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boston Properties and related companies with MarketBeat.com's FREE daily email newsletter.