Jones Financial Companies Lllp Has $1.52 Million Stock Position in BXP, Inc. $BXP

Key Points

• Jones Financial Companies Lllp increased its stake in BXP, Inc. by 632.6% in Q1, owning 22,615 shares valued at $1,520,000 after purchasing an additional 19,528 shares.
• BXP has recently seen mixed predictions from analysts, with prices targets ranging from $62.00 to $86.00 and a consensus rating of "Hold," reflecting cautious sentiment amid its market fluctuations.
• Despite a recent earnings beat, BXP announced a quarterly dividend of $0.70, representing an annual yield of 3.6%, while its dividend payout ratio stood at an extraordinarily high 13,066.67%.

Jones Financial Companies Lllp grew its stake in shares of BXP, Inc. (NYSE:BXP - Free Report) by 632.6% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 22,615 shares of the real estate investment trust's stock after buying an additional 19,528 shares during the period. Jones Financial Companies Lllp's holdings in BXP were worth $1,520,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Sentry Investment Management LLC acquired a new position in shares of BXP in the first quarter valued at $34,000. Brooklyn Investment Group increased its holdings in BXP by 124.6% in the 1st quarter. Brooklyn Investment Group now owns 1,927 shares of the real estate investment trust's stock valued at $129,000 after buying an additional 1,069 shares during the period. Sound Income Strategies LLC raised its stake in shares of BXP by 14.6% in the 1st quarter. Sound Income Strategies LLC now owns 4,356 shares of the real estate investment trust's stock valued at $293,000 after buying an additional 556 shares in the last quarter. Spirit of America Management Corp NY raised its stake in shares of BXP by 7.8% in the 1st quarter. Spirit of America Management Corp NY now owns 6,915 shares of the real estate investment trust's stock valued at $465,000 after buying an additional 500 shares in the last quarter. Finally, Teachers Retirement System of The State of Kentucky lifted its holdings in shares of BXP by 4.1% during the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 11,215 shares of the real estate investment trust's stock worth $754,000 after acquiring an additional 441 shares during the period. 98.72% of the stock is owned by institutional investors and hedge funds.

BXP Trading Up 1.8%

BXP stock traded up $1.39 during mid-day trading on Thursday, hitting $77.82. The stock had a trading volume of 1,479,974 shares, compared to its average volume of 1,791,126. The stock has a 50-day simple moving average of $70.13 and a two-hundred day simple moving average of $67.98. The company has a current ratio of 3.76, a quick ratio of 3.76 and a debt-to-equity ratio of 2.06. The stock has a market capitalization of $12.33 billion, a PE ratio of 2,594.86, a P/E/G ratio of 8.17 and a beta of 1.22. BXP, Inc. has a 12 month low of $54.22 and a 12 month high of $90.11.

BXP (NYSE:BXP - Get Free Report) last posted its quarterly earnings results on Tuesday, July 29th. The real estate investment trust reported $1.71 earnings per share for the quarter, beating analysts' consensus estimates of $1.67 by $0.04. BXP had a return on equity of 3.89% and a net margin of 0.11%.The company had revenue of $868.46 million for the quarter, compared to the consensus estimate of $845.09 million. During the same quarter in the prior year, the business posted $1.77 EPS. The firm's quarterly revenue was up 2.1% on a year-over-year basis. BXP has set its FY 2025 guidance at 6.840-6.92 EPS. Q3 2025 guidance at 1.690-1.71 EPS. As a group, sell-side analysts forecast that BXP, Inc. will post 6.91 EPS for the current year.

BXP Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Tuesday, September 30th will be given a dividend of $0.70 per share. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $2.80 annualized dividend and a dividend yield of 3.6%. BXP's dividend payout ratio is currently 13,066.67%.

Analysts Set New Price Targets

A number of research analysts have commented on BXP shares. UBS Group raised their price target on shares of BXP from $68.00 to $74.00 and gave the stock a "neutral" rating in a research note on Tuesday, September 9th. Mizuho dropped their target price on BXP from $86.00 to $82.00 and set an "outperform" rating for the company in a report on Monday, July 14th. JPMorgan Chase & Co. raised BXP from an "underweight" rating to a "neutral" rating and boosted their price target for the company from $72.00 to $78.00 in a research note on Monday, June 23rd. Piper Sandler upped their price target on BXP from $80.00 to $90.00 and gave the company an "overweight" rating in a research report on Tuesday, September 9th. Finally, Evercore ISI lowered BXP from an "outperform" rating to an "in-line" rating and set a $76.00 price objective for the company. in a research note on Tuesday, September 9th. Five research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $77.06.

BXP Profile

Boston Properties, Inc NYSE: BXP (BXP or the Company) is the largest publicly traded developer, owner, and manager of premier workplaces in the United States, concentrated in six dynamic gateway markets - Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. BXP has delivered places that power progress for our clients and communities for more than 50 years.