BXP (NYSE:BXP) SVP Sells $119,700.00 in Stock

BXP, Inc. (NYSE:BXP) SVP Eric Kevorkian sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $59.85, for a total transaction of $119,700.00. Following the transaction, the senior vice president directly owned 311 shares of the company’s stock, valued at approximately $18,613.35. This represents a 86.54% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

BXP Price Performance

NYSE:BXP traded up $0.62 during mid-day trading on Tuesday, hitting $60.91. 256,845 shares of the stock traded hands, compared to its average volume of 2,304,135. The business’s 50-day moving average price is $55.84 and its 200 day moving average price is $62.39. The company has a market cap of $9.71 billion, a PE ratio of 30.61, a price-to-earnings-growth ratio of 2.60 and a beta of 1.04. BXP, Inc. has a 12-month low of $49.72 and a 12-month 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 issued 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 net margin of 9.09% and a return on equity of 4.13%. BXP’s revenue was up .8% on a year-over-year basis. During the same period in the prior year, the firm posted $1.64 EPS. BXP has set its Q2 2026 guidance at 1.690-1.710 EPS. On average, analysts expect that BXP, Inc. will post 6.96 EPS for the current fiscal year.

BXP Announces Dividend

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

Wall Street Analyst Weigh In

Several brokerages recently commented on BXP. The Goldman Sachs Group set a $72.00 price objective on shares of BXP in a research note on Wednesday, February 4th. Evercore set a $62.00 price target on shares of BXP in a research note on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft set a $61.00 price target on shares of BXP in a research note on Wednesday, May 13th. Weiss Ratings cut shares of BXP from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, April 27th. Finally, Scotiabank cut their price target on shares of BXP from $74.00 to $65.00 and set a “sector perform” rating for the company in a research note on Monday, March 2nd. Ten equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $71.60.

Hedge Funds Weigh In On BXP

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Norges Bank bought a new stake in shares of BXP in the 4th quarter worth approximately $689,419,000. Cohen & Steers Inc. lifted its holdings in shares of BXP by 41.4% in the 4th quarter. Cohen & Steers Inc. now owns 15,382,890 shares of the real estate investment trust’s stock worth $1,038,176,000 after acquiring an additional 4,503,738 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of BXP by 32,286.7% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,889,115 shares of the real estate investment trust’s stock worth $127,477,000 after acquiring an additional 1,883,282 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of BXP by 44.9% in the 3rd quarter. Invesco Ltd. now owns 3,896,978 shares of the real estate investment trust’s stock worth $289,701,000 after acquiring an additional 1,207,607 shares during the last quarter. Finally, Daiwa Securities Group Inc. lifted its holdings in shares of BXP by 52.4% in the 4th quarter. Daiwa Securities Group Inc. now owns 3,065,995 shares of the real estate investment trust’s stock worth $206,893,000 after acquiring an additional 1,053,938 shares during the last quarter. Hedge funds and other institutional investors own 98.72% of the company’s stock.

BXP Company 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.