Public Employees Retirement System of Ohio Makes New $15.02 Million Investment in BXP, Inc. $BXP

Public Employees Retirement System of Ohio purchased a new stake in BXP, Inc. (NYSE:BXP) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 226,436 shares of the real estate investment trust’s stock, valued at approximately $15,015,000.

Other hedge funds also recently made changes to their positions in the company. BlackRock Inc. acquired a new position in shares of BXP during the second quarter worth approximately $1,192,349,000. Norges Bank acquired a new stake in BXP in the 4th quarter valued at approximately $689,419,000. Cohen & Steers Inc. raised its stake in BXP by 41.4% during the 4th quarter. Cohen & Steers Inc. now owns 15,382,890 shares of the real estate investment trust’s stock valued at $1,038,176,000 after acquiring an additional 4,503,738 shares in the last quarter. Bank of America Corp DE bought a new stake in BXP during the 2nd quarter valued at $186,471,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in BXP by 32,286.7% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,889,115 shares of the real estate investment trust’s stock worth $127,477,000 after acquiring an additional 1,883,282 shares during the period. Institutional investors own 98.72% of the company’s stock.

Insider Buying and Selling at BXP

In related news, CFO Michael E. Labelle sold 26,113 shares of the 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 completion of the transaction, the chief financial officer owned 5,839 shares in the company, valued at $387,417.65. This trade represents a 81.73% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.50% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Cantor Fitzgerald decreased their price target on BXP from $79.00 to $70.00 and set an “overweight” rating for the company in a research note on Friday, May 15th. Evercore set a $68.00 price objective on shares of BXP in a report on Monday, July 6th. JPMorgan Chase & Co. increased their target price on shares of BXP from $79.00 to $87.00 and gave the company an “overweight” rating in a research report on Tuesday, August 25th. Wells Fargo & Company raised their target price on shares of BXP from $69.00 to $77.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Finally, Scotiabank upped their price target on shares of BXP from $74.00 to $76.00 and gave the stock a “sector outperform” rating in a research note on Wednesday, August 5th. Eleven research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $74.79.

BXP Trading Up 0.1%

BXP stock opened at $69.39 on Monday. The firm has a market cap of $11.08 billion, a price-to-earnings ratio of 37.31, a price-to-earnings-growth ratio of 2.59 and a beta of 1.01. BXP, Inc. has a 1 year low of $49.72 and a 1 year high of $79.33. The firm’s 50 day moving average price is $68.43 and its two-hundred day moving average price is $61.66. The company has a debt-to-equity ratio of 2.07, a quick ratio of 3.91 and a current ratio of 3.91.

BXP (NYSE:BXP) last announced its quarterly earnings data on Tuesday, July 28th. The real estate investment trust reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.03. The company had revenue of $895.70 million during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter in the prior year, the firm 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 EPS for the current fiscal year.

BXP Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th were issued a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend was Tuesday, June 30th. BXP’s dividend payout ratio is currently 150.54%.

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.