BXP, Inc. $BXP Shares Sold by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. decreased its holdings in shares of BXP, Inc. (NYSE:BXP) by 12.0% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 710,862 shares of the real estate investment trust’s stock after selling 96,560 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in BXP were worth $52,845,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Czech National Bank raised its position in BXP by 6.5% during the 2nd quarter. Czech National Bank now owns 35,604 shares of the real estate investment trust’s stock worth $2,402,000 after buying an additional 2,181 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in shares of BXP by 1.8% during the second quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 48,258 shares of the real estate investment trust’s stock worth $3,256,000 after acquiring an additional 857 shares during the period. Swedbank AB increased its stake in shares of BXP by 14.8% during the second quarter. Swedbank AB now owns 124,545 shares of the real estate investment trust’s stock worth $8,403,000 after acquiring an additional 16,019 shares during the period. CX Institutional raised its holdings in BXP by 24.6% during the second quarter. CX Institutional now owns 1,526 shares of the real estate investment trust’s stock worth $103,000 after purchasing an additional 301 shares in the last quarter. Finally, Fifth Third Bancorp lifted its position in BXP by 5.3% in the second quarter. Fifth Third Bancorp now owns 51,684 shares of the real estate investment trust’s stock valued at $3,487,000 after purchasing an additional 2,580 shares during the period. Hedge funds and other institutional investors own 98.72% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have issued reports on BXP. Jefferies Financial Group boosted their target price on BXP from $79.00 to $84.00 and gave the stock a “buy” rating in a research report on Monday, October 13th. New Street Research set a $85.00 price target on BXP in a research note on Monday, October 13th. Barclays upgraded BXP from an “equal weight” rating to an “overweight” rating and increased their price objective for the stock from $78.00 to $82.00 in a research report on Tuesday. The Goldman Sachs Group set a $77.00 target price on BXP and gave the company a “neutral” rating in a report on Friday, October 17th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $70.00 price target on shares of BXP in a research note on Tuesday, January 6th. Eleven research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, BXP presently has a consensus rating of “Hold” and a consensus price target of $77.95.

Insider Buying and Selling at BXP

In related news, EVP Peter V. Otteni sold 4,136 shares of BXP stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $72.65, for a total transaction of $300,480.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP John J. Stroman sold 16,838 shares of the company’s stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $72.17, for a total value of $1,215,198.46. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 70,710 shares of company stock worth $5,107,771. 1.49% of the stock is currently owned by insiders.

BXP Stock Performance

Shares of BXP stock opened at $67.10 on Friday. The stock has a fifty day moving average price of $69.64 and a 200 day moving average price of $70.53. The company has a debt-to-equity ratio of 2.26, a quick ratio of 4.50 and a current ratio of 4.50. The stock has a market cap of $10.63 billion, a PE ratio of -52.83, a P/E/G ratio of 7.78 and a beta of 1.01. BXP, Inc. has a 1 year low of $54.22 and a 1 year high of $79.33.

BXP (NYSE:BXP) last announced its quarterly earnings results on Tuesday, October 28th. The real estate investment trust reported $1.74 earnings per share for the quarter, beating analysts’ consensus estimates of $1.72 by $0.02. The business had revenue of $871.51 million during the quarter, compared to analysts’ expectations of $860.88 million. BXP had a positive return on equity of 1.35% and a negative net margin of 5.82%.The business’s revenue for the quarter was up 1.4% on a year-over-year basis. During the same quarter last year, the business posted $1.81 earnings per share. BXP has set its FY 2025 guidance at 6.890-6.920 EPS. Sell-side analysts forecast that BXP, Inc. will post 6.91 earnings per share for the current fiscal year.

BXP Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 29th. Shareholders of record on Wednesday, December 31st will be issued a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 4.2%. The ex-dividend date is Wednesday, December 31st. BXP’s dividend payout ratio (DPR) is -220.47%.

Key Headlines Impacting BXP

Here are the key news stories impacting BXP this week:

• Positive Sentiment: BXP confirmed completion of property sales with net proceeds of more than $1.0 billion, noting progress toward its 2025–2027 asset-sale plan and freeing capital for higher-return, core market investments. BXP Announces Strategic Dispositions Totaling More than $1.0 Billion
• Positive Sentiment: Report details BXP’s $1B+ of asset sales covering land, multifamily, life sciences and office — a deliberate reallocation from non-core/suburban holdings toward premium workplace assets. BXP Offloads $1B Of Land, Multifamily, Life Sciences And Office
• Positive Sentiment: BXP sold a Reston apartment tower and a suburban development site — concrete examples of the company shedding non-core assets as part of the disposition program. BXP sells Reston apartment tower and suburban development site
• Positive Sentiment: Coverage noting BXP has topped $1.0B in sales toward its multi-year disposition target — reinforces the narrative of disciplined capital recycling. BXP tops $1.0B in asset sales toward multi-year disposition goal
• Positive Sentiment: Analyst note highlights the $1B milestone and the company’s intention to redeploy proceeds into premium workplace and gateway-market projects — framing the sales as value-enhancing. BXP Hits $1B Milestone Under Its Long-Term Asset Sale Plan Strategy
• Positive Sentiment: Barclays upgraded BXP, a supportive analyst move that may underpin near-term buying interest. Barclays upgrades Boston Properties (BXP)
• Neutral Sentiment: A roundup summarizes the views of 11 analysts — useful context but no single decisive call; reflects mixed sentiment across the analyst community. A Glimpse Into The Expert Outlook On BXP Through 11 Analysts
• Negative Sentiment: JPMorgan Chase published a pessimistic forecast for BXP’s share price, which could weigh on sentiment and limit near-term upside. JPMorgan Chase & Co. Issues Pessimistic Forecast for BXP (NYSE:BXP) Stock Price
• Negative Sentiment: Scotiabank lowered its price target from $81 to $74 and moved to a “sector performer” rating — a more cautious valuation that may temper upside expectations. Scotiabank lowers BXP price target

BXP Profile

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.