Fairtree Asset Management Pty Ltd Acquires Shares of 12,332 BXP, Inc. $BXP

Fairtree Asset Management Pty Ltd bought a new stake in BXP, Inc. (NYSE:BXP) in the 2nd quarter, Holdings Channel.com reports. The fund bought 12,332 shares of the real estate investment trust’s stock, valued at approximately $818,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Elyxium Wealth LLC acquired a new position in shares of BXP during the fourth quarter valued at $25,000. MUFG Securities EMEA plc acquired a new stake in BXP in the second quarter worth about $29,000. Clearstead Advisors LLC increased its position in BXP by 109.4% in the fourth quarter. Clearstead Advisors LLC now owns 513 shares of the real estate investment trust’s stock worth $35,000 after purchasing an additional 268 shares during the period. State of Wyoming raised its holdings in BXP by 45.5% during the 4th quarter. State of Wyoming now owns 617 shares of the real estate investment trust’s stock worth $42,000 after purchasing an additional 193 shares during the last quarter. Finally, Eastern Bank raised its holdings in BXP by 108.7% during the 2nd quarter. Eastern Bank now owns 651 shares of the real estate investment trust’s stock worth $43,000 after purchasing an additional 339 shares during the last quarter. Institutional investors own 98.72% of the company’s stock.

Insiders Place Their Bets

In other BXP news, CFO Michael E. Labelle sold 26,113 shares of BXP stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $66.35, for a total transaction of $1,732,597.55. Following the transaction, the chief financial officer directly owned 5,839 shares in the company, valued at approximately $387,417.65. The trade was a 81.73% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 1.50% of the company’s stock.

BXP Stock Up 1.0%

Shares of NYSE:BXP opened at $67.86 on Friday. The company has a 50 day moving average price of $67.85 and a two-hundred day moving average price of $61.40. The company has a debt-to-equity ratio of 2.07, a quick ratio of 3.91 and a current ratio of 3.91. The company has a market capitalization of $10.83 billion, a PE ratio of 36.48, a PEG ratio of 2.51 and a beta of 1.01. BXP, Inc. has a 52 week low of $49.72 and a 52 week high of $79.33.

BXP (NYSE:BXP) last announced its quarterly earnings results on Tuesday, July 28th. The real estate investment trust reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.03. BXP had a net margin of 8.44% and a return on equity of 3.88%. The company had revenue of $895.70 million for the quarter, compared to analysts’ expectations of $858.07 million. During the same period last year, the firm posted $1.71 earnings per share. The business’s quarterly revenue was up 3.1% compared to the same quarter last year. BXP has set its FY 2026 guidance at 6.990-7.050 EPS and its Q3 2026 guidance at 1.800-1.820 EPS. Analysts forecast that BXP, Inc. will post 7.03 earnings per share for the current year.

BXP Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, June 30th were paid a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Tuesday, June 30th. BXP’s dividend payout ratio (DPR) is presently 150.54%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. Weiss Ratings raised shares of BXP from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, July 8th. Piper Sandler boosted their price target on shares of BXP from $75.00 to $86.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 21st. Wall Street Zen raised shares of BXP from a “sell” rating to a “hold” rating in a research note on Saturday, August 15th. Evercore set a $68.00 target price on shares of BXP in a report on Monday, July 6th. Finally, Truist Financial dropped their target price on shares of BXP from $70.00 to $64.00 and set a “hold” rating for the company in a research report on Tuesday, May 26th. Eleven research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, BXP presently has a consensus rating of “Moderate Buy” and an average target price of $74.58.

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.