Sarasin & Partners LLP Makes New $806,000 Investment in BXP, Inc. $BXP

Sarasin & Partners LLP acquired a new stake in BXP, Inc. (NYSE:BXP) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 12,159 shares of the real estate investment trust’s stock, valued at approximately $806,000.

Other hedge funds have also modified their holdings of the company. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in shares of BXP by 9.4% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 450,591 shares of the real estate investment trust’s stock worth $30,559,000 after buying an additional 38,639 shares during the last quarter. Fisher Asset Management LLC raised its stake in BXP by 30.7% during the 4th quarter. Fisher Asset Management LLC now owns 327,262 shares of the real estate investment trust’s stock valued at $22,084,000 after acquiring an additional 76,946 shares during the last quarter. Nan Fung Trinity HK Ltd. raised its stake in BXP by 33.7% during the 4th quarter. Nan Fung Trinity HK Ltd. now owns 121,924 shares of the real estate investment trust’s stock valued at $8,227,000 after acquiring an additional 30,700 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in BXP by 2,555.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 212,549 shares of the real estate investment trust’s stock worth $14,343,000 after acquiring an additional 204,544 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its position in BXP by 11.2% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 198,019 shares of the real estate investment trust’s stock worth $13,362,000 after acquiring an additional 19,999 shares during the period. 98.72% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have recently issued reports on BXP. UBS Group set a $76.00 target price on BXP in a report on Wednesday. Scotiabank lifted their price objective on shares of BXP from $74.00 to $76.00 and gave the company a “sector outperform” rating in a research report on Wednesday. Wall Street Zen lowered shares of BXP from a “hold” rating to a “sell” rating in a research report on Monday. Deutsche Bank Aktiengesellschaft set a $61.00 price objective on shares of BXP in a research note on Wednesday, May 13th. Finally, Citigroup raised their target price on shares of BXP from $58.00 to $69.00 and gave the stock a “neutral” rating in a research note on Tuesday. Eleven analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $74.58.

Insider Buying and Selling at BXP

In other news, SVP Eric G. Kevorkian sold 2,000 shares of the firm’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $59.85, for a total value of $119,700.00. Following the completion of the transaction, the senior vice president owned 311 shares in the company, valued at $18,613.35. This trade represents a 86.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Michael E. Labelle sold 26,113 shares of BXP stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $66.35, for a total value of $1,732,597.55. Following the transaction, the chief financial officer directly owned 5,839 shares of the company’s stock, valued at $387,417.65. This trade represents a 81.73% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 33,176 shares of company stock valued at $2,151,552. Insiders own 1.50% of the company’s stock.

BXP Trading Down 1.7%

Shares of BXP opened at $68.82 on Friday. BXP, Inc. has a twelve month low of $49.72 and a twelve month high of $79.33. The company has a current ratio of 3.91, a quick ratio of 4.22 and a debt-to-equity ratio of 2.07. The firm has a market capitalization of $10.97 billion, a P/E ratio of 37.00, a PEG ratio of 2.62 and a beta of 1.01. The firm’s 50-day moving average is $66.85 and its two-hundred day moving average is $61.23.

BXP (NYSE:BXP) last announced its quarterly earnings results on Tuesday, July 28th. The real estate investment trust reported $0.43 EPS for the quarter, topping the consensus estimate of $0.40 by $0.03. The business had revenue of $895.70 million for the quarter, compared to analyst estimates of $858.07 million. BXP had a return on equity of 3.88% and a net margin of 8.44%.The company’s quarterly revenue was up 3.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.71 EPS. BXP has set its FY 2026 guidance at 6.990-7.050 EPS and its Q3 2026 guidance at 1.800-1.820 EPS. On average, research analysts predict that BXP, Inc. will post 7.02 earnings per share for the current fiscal year.

BXP Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th were given a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Tuesday, June 30th. BXP’s payout ratio is presently 150.54%.

BXP Company 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.