M&T Bank Corp Buys 14,607 Shares of BXP, Inc. $BXP

M&T Bank Corp raised its stake in shares of BXP, Inc. (NYSE:BXP) by 83.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,036 shares of the real estate investment trust’s stock after buying an additional 14,607 shares during the period. M&T Bank Corp’s holdings in BXP were worth $2,162,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Kestra Private Wealth Services LLC raised its holdings in BXP by 9.3% during the fourth quarter. Kestra Private Wealth Services LLC now owns 51,007 shares of the real estate investment trust’s stock valued at $3,442,000 after buying an additional 4,344 shares in the last quarter. Pictet Asset Management Holding SA raised its holdings in BXP by 1.2% during the fourth quarter. Pictet Asset Management Holding SA now owns 90,129 shares of the real estate investment trust’s stock valued at $6,093,000 after buying an additional 1,107 shares in the last quarter. Sanctuary Advisors LLC raised its holdings in BXP by 2.3% during the fourth quarter. Sanctuary Advisors LLC now owns 29,169 shares of the real estate investment trust’s stock valued at $1,968,000 after buying an additional 663 shares in the last quarter. Quent Capital LLC grew its position in shares of BXP by 735.4% in the fourth quarter. Quent Capital LLC now owns 4,912 shares of the real estate investment trust’s stock valued at $331,000 after purchasing an additional 4,324 shares during the last quarter. Finally, Resonant Capital Advisors LLC acquired a new stake in shares of BXP in the fourth quarter valued at about $243,000. 98.72% of the stock is currently owned by institutional investors.

Insider Transactions at BXP

In related news, CEO Owen D. Thomas sold 1,198 shares of BXP stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $61.22, for a total transaction of $73,341.56. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Hilary J. Spann sold 5,495 shares of BXP stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $59.69, for a total value of $327,996.55. Following the sale, the executive vice president directly owned 17,832 shares in the company, valued at approximately $1,064,392.08. This trade represents a 23.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.50% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

BXP has been the topic of several research analyst reports. Evercore set a $62.00 price target on BXP in a research report on Wednesday, April 29th. Weiss Ratings downgraded BXP from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, April 27th. The Goldman Sachs Group set a $72.00 price target on BXP in a research report on Wednesday, February 4th. Mizuho downgraded BXP from an “outperform” rating to a “neutral” rating and lowered their price target for the company from $79.00 to $62.00 in a research report on Tuesday, February 24th. Finally, Piper Sandler lowered their price target on BXP from $87.00 to $75.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 1st. Ten investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat.com, BXP presently has an average rating of “Hold” and an average target price of $73.05.

BXP Trading Down 0.0%

Shares of NYSE:BXP opened at $59.44 on Friday. BXP, Inc. has a 52-week low of $49.72 and a 52-week high of $79.33. The company has a market cap of $9.43 billion, a P/E ratio of 29.87, a P/E/G ratio of 2.56 and a beta of 1.04. The stock’s 50-day moving average is $54.92 and its 200-day moving average is $63.46. The company has a debt-to-equity ratio of 2.07, a quick ratio of 5.36 and a current ratio of 4.22.

BXP (NYSE:BXP) last released its earnings results on Tuesday, April 28th. The real estate investment trust reported $0.64 earnings per share for the quarter, missing analysts’ consensus estimates of $1.58 by ($0.94). BXP had a return on equity of 4.13% and a net margin of 9.09%.The firm had revenue of $872.15 million for the quarter, compared to analyst estimates of $843.11 million. During the same period last year, the business earned $1.64 earnings per share. The firm’s quarterly revenue was up .8% compared to the same quarter last year. BXP has set its Q2 2026 guidance at 1.690-1.710 EPS. Equities research analysts predict that BXP, Inc. will post 6.98 earnings per share for the current year.

BXP Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Tuesday, March 31st were given a dividend of $0.70 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $2.80 dividend on an annualized basis and a yield of 4.7%. BXP’s dividend payout ratio (DPR) is 140.70%.

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.