678,800 Shares in BXP, Inc. $BXP Bought by Deutsche Bank AG

Key Points

• Deutsche Bank AG acquired 678,800 BXP shares worth approximately $45.0 million, representing a 0.43% stake. Other institutional investors also increased their positions, and institutions collectively own 98.72% of the stock.
• Analysts maintain a consensus “Moderate Buy” rating, with an average price target of $74.58; individual targets range from $68 to $80.
• BXP reported quarterly EPS of $0.43, exceeding the $0.40 consensus estimate, while revenue rose 3.1% year over year to $895.7 million. The company pays a quarterly dividend of $0.70 per share, equivalent to a 4.1% annualized yield.

Deutsche Bank AG acquired a new stake in BXP, Inc. (NYSE:BXP - Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 678,800 shares of the real estate investment trust's stock, valued at approximately $45,011,000. Deutsche Bank AG owned 0.43% of BXP at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. EverSource Wealth Advisors LLC boosted its holdings in BXP by 29.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,120 shares of the real estate investment trust's stock valued at $76,000 after purchasing an additional 257 shares during the period. First Trust Advisors LP boosted its holdings in BXP by 45.7% in the second quarter. First Trust Advisors LP now owns 40,369 shares of the real estate investment trust's stock worth $2,724,000 after acquiring an additional 12,660 shares in the last quarter. Cresset Asset Management LLC increased its holdings in shares of BXP by 29.5% in the 2nd quarter. Cresset Asset Management LLC now owns 9,181 shares of the real estate investment trust's stock worth $628,000 after purchasing an additional 2,089 shares in the last quarter. Jump Financial LLC boosted its stake in shares of BXP by 276.0% in the 2nd quarter. Jump Financial LLC now owns 47,062 shares of the real estate investment trust's stock worth $3,175,000 after buying an additional 34,544 shares during the last quarter. Finally, Squarepoint Ops LLC grew its position in shares of BXP by 99.3% during the 2nd quarter. Squarepoint Ops LLC now owns 112,591 shares of the real estate investment trust's stock valued at $7,597,000 after acquiring an additional 56,104 shares during the period. Hedge funds and other institutional investors own 98.72% of the company's stock.

Analysts Set New Price Targets

BXP has been the topic of a number of research reports. Cantor Fitzgerald reduced their price objective on BXP from $79.00 to $70.00 and set an "overweight" rating on the stock in a research note on Friday, May 15th. Citigroup boosted their price target on BXP from $58.00 to $69.00 and gave the company a "neutral" rating in a research note on Tuesday, August 4th. LADENBURG THALM/SH SH raised their target price on BXP from $70.00 to $80.00 and gave the company a "buy" rating in a research report on Wednesday, July 8th. Barclays raised their price objective on BXP from $65.00 to $79.00 and gave the company an "overweight" rating in a report on Tuesday, July 21st. Finally, Evercore set a $68.00 price target on BXP in a research report on Monday, July 6th. Eleven investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $74.58.

Insider Buying and Selling

In related news, CFO Michael E. Labelle sold 26,113 shares of BXP stock in a transaction dated 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 approximately $387,417.65. This trade represents a 81.73% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 1.50% of the company's stock.

BXP Stock Performance

Shares of BXP opened at $67.50 on Friday. BXP, Inc. has a 1 year low of $49.72 and a 1 year high of $79.33. The stock has a 50-day simple moving average of $67.88 and a 200-day simple moving average of $61.44. The company has a debt-to-equity ratio of 2.07, a quick ratio of 3.91 and a current ratio of 3.91. The stock has a market capitalization of $10.78 billion, a PE ratio of 36.29, a PEG ratio of 2.53 and a beta of 1.01.

BXP (NYSE:BXP - Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.40 by $0.03. The company had revenue of $895.70 million during the quarter, compared to the consensus estimate of $858.07 million. BXP had a return on equity of 3.88% and a net margin of 8.44%.BXP's revenue for the quarter was up 3.1% on a year-over-year basis. During the same period in the previous year, the business earned $1.71 EPS. 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 predict that BXP, Inc. will post 7.03 earnings per share for the current fiscal 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 given a dividend of $0.70 per share. The ex-dividend date was Tuesday, June 30th. This represents a $2.80 dividend on an annualized basis and a yield of 4.1%. BXP's payout ratio is presently 150.54%.

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.

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