Quantinno Capital Management LP Raises Stock Position in BXP, Inc. $BXP

Quantinno Capital Management LP grew its holdings in BXP, Inc. (NYSE:BXPFree Report) by 56.6% during the 1st quarter, Holdings Channel.com reports. The fund owned 241,758 shares of the real estate investment trust’s stock after acquiring an additional 87,418 shares during the period. Quantinno Capital Management LP’s holdings in BXP were worth $12,547,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in BXP by 9.4% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 450,591 shares of the real estate investment trust’s stock worth $30,559,000 after purchasing an additional 38,639 shares during the period. Fisher Asset Management LLC raised its position in shares of BXP by 30.7% during the fourth quarter. Fisher Asset Management LLC now owns 327,262 shares of the real estate investment trust’s stock valued at $22,084,000 after buying an additional 76,946 shares during the last quarter. Nan Fung Trinity HK Ltd. raised its position in shares of BXP by 33.7% during the fourth quarter. Nan Fung Trinity HK Ltd. now owns 121,924 shares of the real estate investment trust’s stock valued at $8,227,000 after buying an additional 30,700 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of BXP by 2,555.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 212,549 shares of the real estate investment trust’s stock worth $14,343,000 after buying an additional 204,544 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of BXP by 11.2% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 198,019 shares of the real estate investment trust’s stock worth $13,362,000 after acquiring an additional 19,999 shares during the last quarter. 98.72% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

BXP has been the subject of several research analyst reports. UBS Group reaffirmed a “neutral” rating on shares of BXP in a research note on Wednesday, July 29th. LADENBURG THALM/SH SH increased their price objective on shares of BXP from $70.00 to $80.00 and gave the company a “buy” rating in a report on Wednesday, July 8th. Scotiabank raised their price objective on BXP from $70.00 to $74.00 and gave the company an “outperform” rating in a research report on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft set a $61.00 target price on BXP in a report on Wednesday, May 13th. Finally, Barclays boosted their target price on BXP from $65.00 to $79.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 21st. Eleven research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $73.11.

Read Our Latest Analysis on BXP

BXP Stock Performance

BXP stock opened at $70.62 on Tuesday. The company’s 50-day moving average price is $66.30 and its 200-day moving average price is $61.17. The company has a quick ratio of 4.22, a current ratio of 3.91 and a debt-to-equity ratio of 2.07. The company has a market cap of $11.26 billion, a PE ratio of 37.97, a price-to-earnings-growth ratio of 3.01 and a beta of 1.01. BXP, Inc. has a twelve month low of $49.72 and a twelve month high of $79.33.

BXP (NYSE:BXPGet Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The real estate investment trust reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.03. BXP had a net margin of 8.44% and a return on equity of 3.88%. The firm had revenue of $895.70 million during the quarter, compared to the consensus estimate of $858.07 million. During the same quarter last year, the firm earned $1.71 EPS. The firm’s revenue for the quarter was up 3.1% compared to the same quarter last year. BXP has set its FY 2026 guidance at 6.990-7.050 EPS and its Q3 2026 guidance at 1.800-1.820 EPS. On average, equities research analysts forecast that BXP, Inc. will post 7 EPS for the current fiscal year.

BXP Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th were paid a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend was Tuesday, June 30th. BXP’s dividend payout ratio (DPR) is presently 150.54%.

Insider Transactions at BXP

In related news, SVP Eric G. Kevorkian sold 2,000 shares of the stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $59.85, for a total transaction of $119,700.00. Following the sale, the senior vice president owned 311 shares in the company, valued at approximately $18,613.35. This represents a 86.54% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Peter V. Otteni sold 4,863 shares of the firm’s stock in a transaction on Wednesday, May 20th. The stock was 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. In the last 90 days, insiders sold 33,176 shares of company stock worth $2,151,552. 1.50% of the stock is currently owned by company insiders.

About BXP

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for BXP (NYSE:BXP)

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