MQS Management LLC Invests $668,000 in BXP, Inc. $BXP

MQS Management LLC purchased a new position in BXP, Inc. (NYSE:BXP) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,896 shares of the real estate investment trust’s stock, valued at approximately $668,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. APG Asset Management US Inc. raised its holdings in shares of BXP by 3.2% in the third quarter. APG Asset Management US Inc. now owns 7,401,513 shares of the real estate investment trust’s stock worth $564,883,000 after buying an additional 232,591 shares during the period. Invesco Ltd. raised its holdings in shares of BXP by 44.9% in the third quarter. Invesco Ltd. now owns 3,896,978 shares of the real estate investment trust’s stock worth $289,701,000 after buying an additional 1,207,607 shares during the period. Boston Partners raised its holdings in shares of BXP by 17.6% in the third quarter. Boston Partners now owns 3,538,351 shares of the real estate investment trust’s stock worth $263,031,000 after buying an additional 529,158 shares during the period. Northern Trust Corp raised its holdings in shares of BXP by 3.9% in the third quarter. Northern Trust Corp now owns 3,411,777 shares of the real estate investment trust’s stock worth $253,632,000 after buying an additional 127,948 shares during the period. Finally, Dimensional Fund Advisors LP raised its holdings in shares of BXP by 1.7% in the third quarter. Dimensional Fund Advisors LP now owns 2,256,924 shares of the real estate investment trust’s stock worth $167,785,000 after buying an additional 37,438 shares during the period. 98.72% of the stock is currently owned by hedge funds and other institutional investors.

BXP Trading Up 0.3%

BXP opened at $60.32 on Friday. The stock’s fifty day moving average is $55.69 and its two-hundred day moving average is $62.51. The company has a market capitalization of $9.62 billion, a P/E ratio of 30.31, a PEG ratio of 2.60 and a beta of 1.04. BXP, Inc. has a 52 week low of $49.72 and a 52 week high of $79.33. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 2.07.

BXP (NYSE:BXP) last released its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $0.64 EPS for the quarter, missing the consensus estimate of $1.58 by ($0.94). The firm had revenue of $872.15 million for the quarter, compared to analysts’ expectations of $843.11 million. BXP had a return on equity of 4.13% and a net margin of 9.09%.The company’s revenue for the quarter was up .8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.64 earnings per share. BXP has set its Q2 2026 guidance at 1.690-1.710 EPS. Analysts forecast that BXP, Inc. will post 6.96 earnings per share for the current year.

BXP Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Tuesday, March 31st were given a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend was Tuesday, March 31st. BXP’s dividend payout ratio (DPR) is 140.70%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on BXP shares. Truist Financial reduced their price target on BXP from $74.00 to $70.00 and set a “hold” rating on the stock in a report on Monday, February 2nd. Mizuho downgraded BXP from an “outperform” rating to a “neutral” rating and reduced their price target for the stock from $79.00 to $62.00 in a report on Tuesday, February 24th. Barclays reduced their price target on BXP from $66.00 to $65.00 and set an “overweight” rating on the stock in a report on Monday. Evercore set a $62.00 price target on BXP in a report on Wednesday, April 29th. Finally, Citigroup reduced their price objective on BXP from $68.00 to $58.00 and set a “neutral” rating on the stock in a report on Wednesday, April 15th. Ten research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $71.60.

Insider Buying and Selling at BXP

In other BXP news, EVP Hilary J. Spann sold 5,495 shares of the stock in a transaction on Friday, February 27th. The stock was sold at an average price of $59.69, for a total transaction of $327,996.55. Following the sale, the executive vice president owned 17,832 shares of the company’s stock, valued at approximately $1,064,392.08. This trade represents a 23.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Peter V. Otteni sold 4,863 shares of the stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $59.06, for a total value of $287,208.78. Additional details regarding this sale are available in the official SEC disclosure. 1.50% of the stock is currently owned by company insiders.

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.