BXP (NYSE:BXP) Rating Lowered to “Sell” at Wall Street Zen

BXP (NYSE:BXP) was downgraded by stock analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued to investors on Monday.

Several other analysts have also recently commented on BXP. Wells Fargo & Company lifted their price objective on shares of BXP from $69.00 to $77.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Weiss Ratings upgraded shares of BXP from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, July 8th. Barclays raised 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, July 21st. Mizuho upped their price target on shares of BXP from $62.00 to $68.00 and gave the company a “neutral” rating in a report on Tuesday, July 21st. Finally, Citigroup lowered their price target on shares of BXP from $68.00 to $58.00 and set a “neutral” rating on the stock in a report on Wednesday, April 15th. Eleven analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, BXP currently has a consensus rating of “Moderate Buy” and an average target price of $73.68.

BXP Trading Up 0.4%

Shares of NYSE:BXP opened at $70.70 on Monday. BXP has a 52-week low of $49.72 and a 52-week high of $79.33. The stock has a market cap of $11.28 billion, a price-to-earnings ratio of 38.01, a PEG ratio of 3.01 and a beta of 1.01. 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 business has a 50-day moving average price of $66.50 and a 200-day moving average price of $61.20.

BXP (NYSE:BXP) last released its earnings results on Tuesday, July 28th. The real estate investment trust reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.03. BXP had a return on equity of 3.88% and a net margin of 8.44%.The firm had revenue of $895.70 million during the quarter, compared to the consensus estimate of $858.07 million. During the same quarter in the previous year, the company posted $1.71 earnings per share. The company’s revenue 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. Equities analysts predict that BXP will post 7.02 EPS for the current year.

Insider Transactions at BXP

In related news, 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 transaction of $287,208.78. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Michael E. Labelle sold 26,113 shares of the firm’s stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $66.35, for a total transaction of $1,732,597.55. Following the sale, the chief financial officer owned 5,839 shares in the company, valued at approximately $387,417.65. This represents a 81.73% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 33,176 shares of company stock valued at $2,151,552 in the last 90 days. 1.50% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Elyxium Wealth LLC acquired a new stake in shares of BXP during the 4th quarter valued at about $25,000. Princeton Global Asset Management LLC raised its holdings in BXP by 892.5% in the 4th quarter. Princeton Global Asset Management LLC now owns 397 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 357 shares during the period. MUFG Securities EMEA plc acquired a new position in BXP in the 2nd quarter worth about $29,000. Clearstead Advisors LLC boosted its position 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 purchasing an additional 268 shares in the last quarter. Finally, State of Wyoming grew its holdings in BXP by 45.5% in the fourth quarter. State of Wyoming now owns 617 shares of the real estate investment trust’s stock valued at $42,000 after purchasing an additional 193 shares during the period. Institutional investors and hedge funds 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.