Hilltop National Bank Acquires New Position in BXP, Inc. $BXP

Hilltop National Bank bought a new position in shares of BXP, Inc. (NYSE:BXP) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,640 shares of the real estate investment trust’s stock, valued at approximately $111,000.

Other large investors have also recently modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of BXP by 8.7% during the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 28,351 shares of the real estate investment trust’s stock worth $1,913,000 after buying an additional 2,264 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its stake in BXP by 3.7% during the second quarter. Robeco Institutional Asset Management B.V. now owns 224,969 shares of the real estate investment trust’s stock worth $15,179,000 after acquiring an additional 7,955 shares in the last quarter. Truist Financial Corp lifted its holdings in shares of BXP by 1.2% in the second quarter. Truist Financial Corp now owns 11,987 shares of the real estate investment trust’s stock worth $809,000 after acquiring an additional 145 shares during the last quarter. Venture Visionary Partners LLC boosted its stake in shares of BXP by 3.1% in the 2nd quarter. Venture Visionary Partners LLC now owns 7,712 shares of the real estate investment trust’s stock valued at $520,000 after purchasing an additional 230 shares in the last quarter. Finally, GC Wealth Management RIA LLC bought a new stake in shares of BXP during the 2nd quarter valued at approximately $323,000. Institutional investors and hedge funds own 98.72% of the company’s stock.

BXP Stock Down 0.1%

Shares of BXP opened at $75.57 on Friday. The stock’s 50-day moving average price is $71.27 and its two-hundred day moving average price is $68.63. BXP, Inc. has a 12 month low of $54.22 and a 12 month high of $90.11. The company has a market capitalization of $11.97 billion, a PE ratio of 2,519.77, a PEG ratio of 7.93 and a beta of 1.22. The company has a current ratio of 3.76, a quick ratio of 3.76 and a debt-to-equity ratio of 2.06.

BXP (NYSE:BXP) last posted its quarterly earnings data on Tuesday, July 29th. The real estate investment trust reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.67 by $0.04. The company had revenue of $868.46 million for the quarter, compared to analyst estimates of $845.09 million. BXP had a return on equity of 3.89% and a net margin of 0.11%.The firm’s quarterly revenue was up 2.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.77 earnings per share. BXP has set its FY 2025 guidance at 6.840-6.92 EPS. Q3 2025 guidance at 1.690-1.71 EPS. On average, analysts anticipate that BXP, Inc. will post 6.91 EPS for the current year.

BXP Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Tuesday, September 30th will be given a dividend of $0.70 per share. The ex-dividend date is Tuesday, September 30th. This represents a $2.80 annualized dividend and a dividend yield of 3.7%. BXP’s dividend payout ratio is 9,333.33%.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Truist Financial increased their price objective on shares of BXP from $71.00 to $77.00 and gave the company a “hold” rating in a research note on Wednesday, September 10th. Piper Sandler increased their price target on BXP from $80.00 to $90.00 and gave the company an “overweight” rating in a research note on Tuesday, September 9th. BMO Capital Markets reduced their price objective on BXP from $86.00 to $84.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 9th. Mizuho lowered their target price on BXP from $86.00 to $82.00 and set an “outperform” rating for the company in a report on Monday, July 14th. Finally, Compass Point lowered BXP from a “buy” rating to a “neutral” rating and set a $75.00 price target on the stock. in a research note on Wednesday, September 10th. Six equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $77.88.

BXP Profile

Boston Properties, Inc (NYSE: BXP) (BXP or the Company) is the largest publicly traded developer, owner, and manager of premier workplaces in the United States, concentrated in six dynamic gateway markets – Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. BXP has delivered places that power progress for our clients and communities for more than 50 years.