United Capital Financial Advisors LLC Invests $984,000 in BXP, Inc. $BXP

United Capital Financial Advisors LLC acquired a new position in BXP, Inc. (NYSE:BXP) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 14,846 shares of the real estate investment trust’s stock, valued at approximately $984,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. BlackRock Inc. bought a new stake in BXP during the second quarter valued at approximately $1,192,349,000. Norges Bank bought a new position in BXP in the fourth quarter worth approximately $689,419,000. Cohen & Steers Inc. boosted its stake in shares of 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 worth $1,038,176,000 after acquiring an additional 4,503,738 shares during the last quarter. Bank of America Corp DE purchased a new position in shares of BXP during the 2nd quarter worth $186,471,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of 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 valued at $127,477,000 after acquiring an additional 1,883,282 shares during the period. Hedge funds and other 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 dated Tuesday, June 9th. The shares were 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 of the company’s stock, valued at approximately $387,417.65. This trade represents a 81.73% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.50% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities research analysts have recently commented on BXP shares. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of BXP in a research note on Wednesday, August 12th. Wall Street Zen upgraded BXP from a “sell” rating to a “hold” rating in a research report on Saturday, August 15th. BMO Capital Markets reissued an “outperform” rating and set a $68.00 price target on shares of BXP in a report on Tuesday, June 2nd. Piper Sandler decreased their price objective on BXP from $90.00 to $88.00 and set an “overweight” rating on the stock in a research note on Thursday. Finally, UBS Group lifted their price objective on BXP from $61.00 to $70.00 and gave the company a “neutral” rating in a research report on Tuesday, August 25th. Eleven research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, BXP presently has a consensus rating of “Moderate Buy” and a consensus target price of $74.79.

BXP Price Performance

NYSE:BXP opened at $69.39 on Monday. The company has a quick ratio of 3.91, a current ratio of 3.91 and a debt-to-equity ratio of 2.07. The business’s 50-day simple moving average is $68.43 and its two-hundred day simple moving average is $61.66. The stock has a market cap of $11.08 billion, a PE ratio of 37.31, a P/E/G ratio of 2.59 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 posted its quarterly earnings results on Tuesday, July 28th. The real estate investment trust reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.03. BXP had a return on equity of 3.88% and a net margin of 8.44%.The business had revenue of $895.70 million during the quarter, compared to the consensus estimate of $858.07 million. During the same period in the prior year, the company posted $1.71 EPS. The firm’s revenue for the quarter 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. As a group, analysts forecast that BXP, Inc. will post 7.02 EPS for the current fiscal year.

BXP Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th were paid a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend was Tuesday, June 30th. BXP’s dividend payout ratio (DPR) is presently 150.54%.

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.