Rare Wolf Capital LLC Invests $1.63 Million in BXP, Inc. $BXP

Rare Wolf Capital LLC acquired a new stake in BXP, Inc. (NYSE:BXP) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 24,157 shares of the real estate investment trust’s stock, valued at approximately $1,630,000. BXP makes up about 1.0% of Rare Wolf Capital LLC’s portfolio, making the stock its 23rd largest position.

A number of other hedge funds have also made changes to their positions in BXP. Barclays PLC increased its holdings in shares of BXP by 14.9% in the third quarter. Barclays PLC now owns 1,261,556 shares of the real estate investment trust’s stock valued at $93,784,000 after buying an additional 163,949 shares in the last quarter. SG Americas Securities LLC boosted its stake in shares of BXP by 546.2% during the 4th quarter. SG Americas Securities LLC now owns 43,708 shares of the real estate investment trust’s stock worth $2,949,000 after acquiring an additional 36,944 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of BXP by 9.4% during 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 acquiring an additional 38,639 shares in the last quarter. APG Asset Management US Inc. grew its holdings in shares of BXP by 3.2% in the 3rd quarter. APG Asset Management US Inc. now owns 7,401,513 shares of the real estate investment trust’s stock worth $564,883,000 after acquiring an additional 232,591 shares during the last quarter. Finally, Fisher Asset Management LLC grew its holdings in shares of BXP by 18.8% in the 3rd quarter. Fisher Asset Management LLC now owns 250,316 shares of the real estate investment trust’s stock worth $18,609,000 after acquiring an additional 39,682 shares during the last quarter. Institutional investors and hedge funds own 98.72% of the company’s stock.

BXP Trading Up 2.7%

NYSE:BXP opened at $64.75 on Friday. 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, Inc. has a fifty-two week low of $49.72 and a fifty-two week high of $79.33. The stock’s 50-day moving average is $59.74 and its two-hundred day moving average is $61.40. The stock has a market cap of $10.33 billion, a PE ratio of 32.54, a price-to-earnings-growth ratio of 2.72 and a beta of 1.04.

BXP (NYSE:BXP) last posted its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $0.64 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.58 by ($0.94). The company had revenue of $872.15 million during the quarter, compared to analysts’ expectations of $843.11 million. BXP had a return on equity of 4.13% and a net margin of 9.09%.BXP’s revenue for the quarter was up .8% compared to the same quarter last year. During the same period last year, the company earned $1.64 earnings per share. BXP has set its Q2 2026 guidance at 1.690-1.710 EPS. As a group, equities research analysts forecast that BXP, Inc. will post 6.95 earnings per share for the current fiscal year.

BXP Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th will be paid a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 4.3%. The ex-dividend date is Tuesday, June 30th. BXP’s dividend payout ratio is currently 140.70%.

Insiders Place Their Bets

In other BXP news, CFO Michael E. Labelle sold 26,113 shares of the stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $66.35, for a total value 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. This represents a 81.73% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Eric G. Kevorkian sold 2,000 shares of BXP stock in a transaction 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 sale, the senior vice president directly owned 311 shares of the company’s stock, valued at $18,613.35. This trade represents a 86.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 33,176 shares of company stock worth $2,151,552 in the last quarter. 1.50% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on BXP shares. Piper Sandler cut their target price on BXP from $87.00 to $75.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 1st. UBS Group dropped their price target on BXP from $66.00 to $61.00 and set a “neutral” rating on the stock in a research note on Thursday, May 14th. Cantor Fitzgerald cut their price objective on BXP from $79.00 to $70.00 and set an “overweight” rating on the stock in a report on Friday, May 15th. Mizuho lowered shares of BXP from an “outperform” rating to a “neutral” rating and reduced their price objective for the company from $79.00 to $62.00 in a research note on Tuesday, February 24th. Finally, Scotiabank upgraded shares of BXP from a “sector perform” rating to a “sector outperform” rating and raised their target price for the stock from $65.00 to $70.00 in a report on Thursday. Eleven analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat.com, BXP currently has a consensus rating of “Moderate Buy” and a consensus target price of $70.90.

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.