KBC Group NV Has $208,000 Position in BXP, Inc. $BXP

KBC Group NV cut its stake in shares of BXP, Inc. (NYSE:BXP) by 79.0% in the first quarter, Holdings Channel reports. The fund owned 4,012 shares of the real estate investment trust’s stock after selling 15,062 shares during the period. KBC Group NV’s holdings in BXP were worth $208,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. SG Americas Securities LLC grew its holdings in shares of BXP by 546.2% in the 4th quarter. SG Americas Securities LLC now owns 43,708 shares of the real estate investment trust’s stock worth $2,949,000 after purchasing an additional 36,944 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in BXP by 9.4% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 450,591 shares of the real estate investment trust’s stock valued at $30,559,000 after purchasing an additional 38,639 shares during the last quarter. Fisher Asset Management LLC lifted its holdings 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 purchasing an additional 76,946 shares during the last quarter. Nan Fung Trinity HK Ltd. boosted its position in BXP by 33.7% in the fourth 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 buying an additional 30,700 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its position in BXP by 11.2% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 198,019 shares of the real estate investment trust’s stock valued at $13,362,000 after buying an additional 19,999 shares in the last quarter. Institutional investors and hedge funds own 98.72% of the company’s stock.

BXP Stock Up 0.1%

Shares of NYSE BXP opened at $69.16 on Monday. BXP, Inc. has a 12-month low of $49.72 and a 12-month high of $79.33. The firm’s 50-day simple moving average is $65.00 and its 200 day simple moving average is $61.01. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 2.07. The company has a market cap of $11.03 billion, a price-to-earnings ratio of 34.75, a price-to-earnings-growth ratio of 2.98 and a beta of 1.01.

BXP (NYSE:BXP) last announced 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 company had revenue of $872.15 million during the quarter, compared to the consensus estimate of $843.11 million. During the same period in the prior year, the firm posted $1.64 earnings per share. The company’s revenue was up .8% on a year-over-year basis. BXP has set its Q2 2026 guidance at 1.690-1.710 EPS. On average, research analysts expect that BXP, Inc. will post 6.96 earnings per share for the current fiscal year.

BXP Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, June 30th will be issued a $0.70 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 4.0%. BXP’s dividend payout ratio (DPR) is currently 140.70%.

Insider Activity at BXP

In other BXP news, EVP Peter V. Otteni sold 4,863 shares of the stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $59.06, for a total value of $287,208.78. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Eric G. Kevorkian sold 2,000 shares of the stock in a transaction on Friday, May 22nd. The shares were 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. The trade was a 86.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 33,176 shares of company stock valued at $2,151,552 over the last quarter. Corporate insiders own 1.50% of the company’s stock.

Wall Street Analysts Forecast Growth

BXP has been the subject of several recent analyst reports. LADENBURG THALM/SH SH raised their price objective on shares of BXP from $70.00 to $80.00 and gave the stock a “buy” rating in a report on Wednesday, July 8th. JPMorgan Chase & Co. cut their target price on shares of BXP from $82.00 to $79.00 and set an “overweight” rating for the company in a research note on Wednesday, April 1st. UBS Group reduced their target price on BXP from $66.00 to $61.00 and set a “neutral” rating on the stock in a report on Thursday, May 14th. Wells Fargo & Company increased their price target on BXP from $69.00 to $77.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Finally, Piper Sandler raised their price target on BXP from $75.00 to $86.00 and gave the company an “overweight” rating in a report on Tuesday, July 21st. Eleven analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, BXP currently has a consensus rating of “Moderate Buy” and an average target price of $73.11.

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.