Commerzbank Aktiengesellschaft FI Raises Position in BXP, Inc. $BXP

Commerzbank Aktiengesellschaft FI boosted its stake in BXP, Inc. (NYSE:BXP) by 13.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,440 shares of the real estate investment trust’s stock after buying an additional 633 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in BXP were worth $368,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Truist Financial Corp lifted its holdings in 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 buying an additional 145 shares during the period. Venture Visionary Partners LLC lifted its holdings in BXP by 3.1% in the second quarter. Venture Visionary Partners LLC now owns 7,712 shares of the real estate investment trust’s stock worth $520,000 after buying an additional 230 shares during the period. Prime Capital Investment Advisors LLC lifted its holdings in BXP by 8.4% in the second quarter. Prime Capital Investment Advisors LLC now owns 3,794 shares of the real estate investment trust’s stock worth $256,000 after buying an additional 295 shares during the period. CX Institutional lifted its holdings in BXP by 24.6% in the second quarter. CX Institutional now owns 1,526 shares of the real estate investment trust’s stock worth $103,000 after buying an additional 301 shares during the period. Finally, REAP Financial Group LLC lifted its holdings in BXP by 193.2% in the second quarter. REAP Financial Group LLC now owns 472 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 311 shares during the period. 98.72% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have commented on BXP shares. Scotiabank lowered their price objective on shares of BXP from $81.00 to $77.00 and set a “sector perform” rating for the company in a report on Thursday, August 28th. Cantor Fitzgerald assumed coverage on shares of BXP in a report on Wednesday, October 1st. They set an “overweight” rating and a $90.00 target price for the company. Evercore ISI lifted their target price on shares of BXP from $76.00 to $77.00 and gave the company an “in-line” rating in a report on Monday, September 29th. Weiss Ratings reiterated a “hold (c-)” rating on shares of BXP in a report on Wednesday. Finally, Wall Street Zen lowered shares of BXP from a “hold” rating to a “sell” rating in a report on Saturday, September 13th. Six analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, BXP has a consensus rating of “Hold” and a consensus target price of $77.88.

BXP Price Performance

Shares of NYSE BXP opened at $69.48 on Friday. BXP, Inc. has a twelve month low of $54.22 and a twelve month high of $90.11. The firm has a market cap of $11.00 billion, a P/E ratio of 2,316.77, a PEG ratio of 7.28 and a beta of 1.22. The company has a 50 day moving average of $71.77 and a 200 day moving average of $68.76. The company has a quick ratio of 3.76, a current ratio of 3.76 and a debt-to-equity ratio of 2.06.

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

BXP Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Tuesday, September 30th will be issued a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date is Tuesday, September 30th. BXP’s payout ratio is presently 9,333.33%.

About BXP

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.