Callan Family Office LLC Makes New $202,000 Investment in BXP, Inc. $BXP

Callan Family Office LLC purchased a new position in shares of BXP, Inc. (NYSE:BXP) in the second quarter, Holdings Channel reports. The fund purchased 2,999 shares of the real estate investment trust’s stock, valued at approximately $202,000.

A number of other institutional investors also recently added to or reduced their stakes in BXP. REAP Financial Group LLC boosted its position in BXP by 193.2% during the 2nd quarter. REAP Financial Group LLC now owns 472 shares of the real estate investment trust’s stock worth $32,000 after acquiring an additional 311 shares during the period. CX Institutional lifted its holdings in shares of BXP by 24.6% in the second quarter. CX Institutional now owns 1,526 shares of the real estate investment trust’s stock valued at $103,000 after buying an additional 301 shares during the period. Hilltop National Bank acquired a new stake in shares of BXP in the second quarter valued at $111,000. Brooklyn Investment Group lifted its holdings in shares of BXP by 124.6% in the first quarter. Brooklyn Investment Group now owns 1,927 shares of the real estate investment trust’s stock valued at $129,000 after buying an additional 1,069 shares during the period. Finally, Patton Fund Management Inc. acquired a new stake in shares of BXP in the second quarter valued at $226,000. Institutional investors and hedge funds own 98.72% of the company’s stock.

Wall Street Analysts Forecast Growth

BXP has been the subject of several research analyst reports. Jefferies Financial Group upped their price objective on BXP from $79.00 to $84.00 and gave the company a “buy” rating in a report on Monday. UBS Group upped their price objective on BXP from $68.00 to $74.00 and gave the company a “neutral” rating in a report on Tuesday, September 9th. Wells Fargo & Company cut their price objective on BXP from $78.00 to $77.00 and set an “overweight” rating for the company in a report on Wednesday, August 27th. The Goldman Sachs Group set a $77.00 price objective on BXP and gave the company a “neutral” rating in a report on Friday. Finally, Wall Street Zen lowered BXP from a “hold” rating to a “sell” rating in a report on Saturday, September 13th. Eight equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $79.26.

BXP Stock Up 1.0%

Shares of BXP stock opened at $71.11 on Friday. The firm has a market capitalization of $11.26 billion, a PE ratio of 2,371.12, a price-to-earnings-growth ratio of 7.37 and a beta of 1.22. BXP, Inc. has a 12-month low of $54.22 and a 12-month high of $90.11. The company has a quick ratio of 3.76, a current ratio of 3.76 and a debt-to-equity ratio of 2.06. The stock’s fifty day moving average is $72.31 and its 200-day moving average is $68.86.

BXP (NYSE:BXP) last posted its quarterly earnings results on Tuesday, July 29th. The real estate investment trust reported $1.71 earnings per share for the quarter, beating the consensus estimate of $1.67 by $0.04. The firm 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%.BXP’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. Equities analysts anticipate that BXP, Inc. will post 6.91 earnings per share for the current year.

BXP Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Tuesday, September 30th will be given a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend is Tuesday, September 30th. BXP’s payout ratio is presently 9,333.33%.

BXP Company 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.