Insider Selling: BXP (NYSE:BXP) CFO Sells 26,113 Shares of Stock

BXP, Inc. (NYSE:BXP) CFO Michael Labelle sold 26,113 shares of the stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $66.35, for a total transaction of $1,732,597.55. Following the completion of the sale, 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 sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

BXP Price Performance

NYSE BXP traded up $0.27 during trading hours on Wednesday, reaching $66.88. The company’s stock had a trading volume of 222,775 shares, compared to its average volume of 2,218,141. The stock has a market cap of $10.67 billion, a PE ratio of 33.62, a PEG ratio of 2.79 and a beta of 1.04. BXP, Inc. has a fifty-two week low of $49.72 and a fifty-two week high of $79.33. The company’s 50-day moving average is $57.83 and its two-hundred day moving average is $61.70. The company has a debt-to-equity ratio of 2.07, a quick ratio of 4.22 and a current ratio of 4.22.

BXP (NYSE:BXP) last issued its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $0.64 EPS for the quarter, missing analysts’ consensus estimates of $1.58 by ($0.94). The business had revenue of $872.15 million during the quarter, compared to analyst estimates of $843.11 million. BXP had a net margin of 9.09% and a return on equity of 4.13%. BXP’s revenue was up .8% on a year-over-year basis. During the same period in the previous year, the company posted $1.64 earnings per share. BXP has set its Q2 2026 guidance at 1.690-1.710 EPS. Analysts forecast that BXP, Inc. will post 6.95 EPS for the current year.

BXP Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Tuesday, March 31st were paid a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend was Tuesday, March 31st. BXP’s dividend payout ratio is presently 140.70%.

Analysts Set New Price Targets

BXP has been the topic of a number of recent research reports. Evercore set a $62.00 target price on shares of BXP in a report on Wednesday, April 29th. Piper Sandler reduced their target price on shares of BXP from $87.00 to $75.00 and set an “overweight” rating on the stock in a report on Wednesday, April 1st. Deutsche Bank Aktiengesellschaft set a $61.00 target price on shares of BXP in a report on Wednesday, May 13th. Barclays reduced their target price on shares of BXP from $66.00 to $65.00 and set an “overweight” rating on the stock in a report on Monday, May 18th. Finally, Weiss Ratings lowered shares of BXP from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, April 27th. Ten investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $70.65.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Elyxium Wealth LLC purchased a new position in shares of BXP during the 4th quarter worth about $25,000. Princeton Global Asset Management LLC lifted its holdings in shares of BXP by 892.5% during the 4th quarter. Princeton Global Asset Management LLC now owns 397 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 357 shares during the period. MUFG Securities EMEA plc purchased a new position in shares of BXP during the 2nd quarter worth about $29,000. Avalon Trust Co purchased a new position in shares of BXP during the 3rd quarter worth about $36,000. Finally, Clearstead Advisors LLC lifted its holdings in shares of BXP by 109.4% during the 4th quarter. Clearstead Advisors LLC now owns 513 shares of the real estate investment trust’s stock worth $35,000 after acquiring an additional 268 shares during the period. 98.72% of the stock is currently owned by hedge funds and other institutional investors.

About BXP

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.