Mizuho Markets Americas LLC Sells 38,400 Shares of BXP, Inc. $BXP

Mizuho Markets Americas LLC lessened its position in shares of BXP, Inc. (NYSE:BXP) by 20.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 149,015 shares of the real estate investment trust’s stock after selling 38,400 shares during the period. Mizuho Markets Americas LLC’s holdings in BXP were worth $7,734,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Elyxium Wealth LLC acquired a new position in shares of BXP during the 4th quarter worth about $25,000. Princeton Global Asset Management LLC increased its position in shares of BXP by 892.5% in the fourth quarter. Princeton Global Asset Management LLC now owns 397 shares of the real estate investment trust’s stock valued at $27,000 after acquiring an additional 357 shares during the last quarter. MUFG Securities EMEA plc acquired a new stake in shares of BXP in the second quarter valued at about $29,000. Clearstead Advisors LLC raised its holdings in BXP by 109.4% during the fourth quarter. Clearstead Advisors LLC now owns 513 shares of the real estate investment trust’s stock worth $35,000 after acquiring an additional 268 shares in the last quarter. Finally, State of Wyoming raised its holdings in BXP by 45.5% during the fourth quarter. State of Wyoming now owns 617 shares of the real estate investment trust’s stock worth $42,000 after acquiring an additional 193 shares in the last quarter. 98.72% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

BXP has been the subject of a number of analyst reports. Citigroup decreased their price target on BXP from $68.00 to $58.00 and set a “neutral” rating for the company in a research note on Wednesday, April 15th. Mizuho increased their price objective on BXP from $62.00 to $68.00 and gave the company a “neutral” rating in a report on Tuesday. Truist Financial decreased their target price on shares of BXP from $70.00 to $64.00 and set a “hold” rating for the company in a research note on Tuesday, May 26th. Barclays boosted their target price on shares of BXP from $65.00 to $79.00 and gave the stock an “overweight” rating in a report on Tuesday. Finally, Evercore set a $68.00 price target on shares of BXP in a research report on Monday, July 6th. Eleven research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $73.11.

Insider Buying and Selling at BXP

In other news, CFO Michael E. Labelle sold 26,113 shares of the business’s stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $66.35, for a total transaction of $1,732,597.55. Following the completion of the sale, the chief financial officer owned 5,839 shares in the company, valued at $387,417.65. The trade was a 81.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Peter V. Otteni sold 4,863 shares of the company’s stock in a transaction that occurred 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. Insiders have sold a total of 33,176 shares of company stock valued at $2,151,552 in the last three months. 1.50% of the stock is currently owned by company insiders.

BXP Trading Up 0.5%

BXP stock opened at $67.77 on Friday. BXP, Inc. has a one year low of $49.72 and a one year high of $79.33. The stock has a market cap of $10.81 billion, a price-to-earnings ratio of 34.05, a price-to-earnings-growth ratio of 2.91 and a beta of 1.01. The company has a fifty day moving average price of $64.78 and a two-hundred day moving average price of $61.00. The company has a debt-to-equity ratio of 2.07, a current ratio of 4.22 and a quick ratio of 4.22.

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

BXP Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th will be issued a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend is Tuesday, June 30th. BXP’s dividend payout ratio is currently 140.70%.

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.