CVA Family Office LLC Grows Holdings in BXP, Inc. $BXP

CVA Family Office LLC raised its position in BXP, Inc. (NYSE:BXP) by 12.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,055 shares of the real estate investment trust’s stock after buying an additional 226 shares during the period. CVA Family Office LLC’s holdings in BXP were worth $139,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Boothe Investment Group Inc. lifted its stake in shares of BXP by 1.3% in the second quarter. Boothe Investment Group Inc. now owns 25,152 shares of the real estate investment trust’s stock worth $1,697,000 after acquiring an additional 312 shares in the last quarter. Sage Mountain Advisors LLC grew its stake in BXP by 10.7% during the 2nd quarter. Sage Mountain Advisors LLC now owns 3,319 shares of the real estate investment trust’s stock valued at $224,000 after purchasing an additional 322 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. increased its holdings in BXP by 1.7% during the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 807,422 shares of the real estate investment trust’s stock worth $54,477,000 after purchasing an additional 13,247 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in shares of BXP in the 2nd quarter valued at approximately $43,000. Finally, Asset Management One Co. Ltd. raised its position in shares of BXP by 1.5% in the 2nd quarter. Asset Management One Co. Ltd. now owns 291,875 shares of the real estate investment trust’s stock valued at $19,693,000 after purchasing an additional 4,431 shares in the last quarter. 98.72% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have recently weighed in on BXP shares. Piper Sandler raised their price target on shares of BXP from $80.00 to $90.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 9th. LADENBURG THALM/SH SH assumed coverage on shares of BXP in a report on Monday, October 13th. They set a “buy” rating and a $85.00 price objective for the company. BMO Capital Markets dropped their target price on shares of BXP from $86.00 to $84.00 and set an “outperform” rating for the company in a research report on Tuesday, September 9th. Truist Financial increased their price target on shares of BXP from $71.00 to $77.00 and gave the stock a “hold” rating in a research report on Wednesday, September 10th. Finally, Citigroup increased their target price on BXP from $70.00 to $75.00 and gave the stock a “neutral” rating in a report on Wednesday, September 10th. Eight equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, BXP has a consensus rating of “Hold” and an average target price of $79.26.

BXP Price Performance

BXP opened at $74.19 on Friday. 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 company’s 50-day moving average price is $73.15 and its 200 day moving average price is $69.35. BXP, Inc. has a fifty-two week low of $54.22 and a fifty-two week high of $88.72. The firm has a market cap of $11.75 billion, a price-to-earnings ratio of 2,473.69, a price-to-earnings-growth ratio of 7.76 and a beta of 1.22.

BXP (NYSE:BXP) last posted its earnings results on Tuesday, July 29th. The real estate investment trust reported $1.71 EPS for the quarter, beating the consensus estimate of $1.67 by $0.04. The company had revenue of $868.46 million during 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 business’s revenue was up 2.1% compared to the same quarter last year. During the same period in the prior year, the company 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. As a group, sell-side analysts expect that BXP, Inc. will post 6.91 earnings per share for the current year.

BXP Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Tuesday, September 30th will be paid a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date is Tuesday, September 30th. BXP’s dividend payout ratio (DPR) 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.