UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 74,403 Shares of BXP, Inc. $BXP

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its position in BXP, Inc. (NYSE:BXP) by 5.7% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,232,500 shares of the real estate investment trust’s stock after selling 74,403 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in BXP were worth $81,727,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. New Mexico Educational Retirement Board boosted its holdings in shares of BXP by 8.9% in the second quarter. New Mexico Educational Retirement Board now owns 7,323 shares of the real estate investment trust’s stock valued at $486,000 after buying an additional 600 shares during the period. Mufg Securities Americas Inc. raised its holdings in shares of BXP by 9.5% during the second quarter. Mufg Securities Americas Inc. now owns 4,467 shares of the real estate investment trust’s stock worth $296,000 after acquiring an additional 387 shares during the period. Van ECK Associates Corp lifted its position in BXP by 3.3% in the 2nd quarter. Van ECK Associates Corp now owns 102,814 shares of the real estate investment trust’s stock valued at $6,818,000 after acquiring an additional 3,264 shares in the last quarter. Beacon Pointe Advisors LLC acquired a new position in BXP in the 2nd quarter worth $365,000. Finally, Rakuten Investment Management Inc. acquired a new position in BXP in the 2nd quarter worth $1,055,000. Institutional investors own 98.72% of the company’s stock.

Insider Activity

In related news, CFO Michael E. Labelle sold 26,113 shares of the firm’s stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $66.35, for a total value of $1,732,597.55. Following the sale, the chief financial officer directly owned 5,839 shares of the company’s stock, valued at $387,417.65. This trade represents a 81.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders own 1.50% of the company’s stock.

BXP Stock Up 0.1%

Shares of BXP opened at $67.11 on Thursday. BXP, Inc. has a 52 week low of $49.72 and a 52 week high of $79.33. The firm has a market cap of $10.71 billion, a P/E ratio of 36.08, a price-to-earnings-growth ratio of 2.51 and a beta of 1.01. The firm’s 50-day simple moving average is $68.61 and its 200 day simple moving average is $61.77. The company has a debt-to-equity ratio of 2.07, a quick ratio of 3.91 and a current ratio of 3.91.

BXP (NYSE:BXP) last issued its quarterly earnings data 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 return on equity of 3.88% and a net margin of 8.44%.The firm had revenue of $895.70 million for the quarter, compared to analyst estimates of $858.07 million. During the same period in the prior year, the firm posted $1.71 EPS. The company’s revenue for the quarter was up 3.1% on a year-over-year basis. 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, analysts forecast that BXP, Inc. will post 7.02 earnings per share for the current year.

BXP Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th were issued a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Tuesday, June 30th. BXP’s dividend payout ratio (DPR) is currently 150.54%.

Wall Street Analysts Forecast Growth

BXP has been the subject of a number of research reports. Truist Financial decreased their price objective on BXP from $70.00 to $64.00 and set a “hold” rating for the company in a report on Tuesday, May 26th. Wall Street Zen raised BXP from a “sell” rating to a “hold” rating in a research report on Saturday, August 15th. Citigroup raised their price target on shares of BXP from $58.00 to $69.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 4th. JPMorgan Chase & Co. lifted their price objective on shares of BXP from $79.00 to $87.00 and gave the company an “overweight” rating in a report on Tuesday, August 25th. Finally, Piper Sandler cut their price objective on shares of BXP from $90.00 to $88.00 and set an “overweight” rating on the stock in a research report on Thursday, August 27th. Eleven analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $75.05.

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.