BXP, Inc. $BXP Shares Purchased by Legal & General Group Plc

Key Points

• Legal & General Group Plc increased its stake in BXP by 3.2% in the fourth quarter, bringing its holdings to 1,548,220 shares valued at about $104.5 million. Institutional ownership remains very high, with hedge funds and other institutions owning 98.72% of the stock.
• BXP reported quarterly earnings of $0.64 per share, which missed analyst expectations, although revenue of $872.15 million came in above estimates. The company also raised its Q2 2026 guidance to $1.690-$1.710 EPS.
• The company paid a quarterly dividend of $0.70 per share, equal to an annualized yield of 4.6%, while analysts currently rate the stock a consensus "Hold" with a target price of $71.30.

Legal & General Group Plc raised its holdings in shares of BXP, Inc. (NYSE:BXP - Free Report) by 3.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,548,220 shares of the real estate investment trust's stock after buying an additional 47,774 shares during the quarter. Legal & General Group Plc owned about 0.98% of BXP worth $104,474,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. Envestnet Portfolio Solutions Inc. grew its holdings in shares of BXP by 2.5% during the third quarter. Envestnet Portfolio Solutions Inc. now owns 6,476 shares of the real estate investment trust's stock worth $481,000 after buying an additional 160 shares in the last quarter. Stonehaven Wealth & Tax Solutions LLC grew its holdings in shares of BXP by 4.6% during the fourth quarter. Stonehaven Wealth & Tax Solutions LLC now owns 3,691 shares of the real estate investment trust's stock worth $249,000 after buying an additional 162 shares in the last quarter. Sage Mountain Advisors LLC grew its holdings in shares of BXP by 4.8% during the fourth quarter. Sage Mountain Advisors LLC now owns 3,722 shares of the real estate investment trust's stock worth $251,000 after buying an additional 171 shares in the last quarter. Signaturefd LLC grew its holdings in shares of BXP by 2.5% during the fourth quarter. Signaturefd LLC now owns 7,383 shares of the real estate investment trust's stock worth $498,000 after buying an additional 179 shares in the last quarter. Finally, Keybank National Association OH grew its holdings in shares of BXP by 5.4% during the fourth quarter. Keybank National Association OH now owns 3,578 shares of the real estate investment trust's stock worth $241,000 after buying an additional 183 shares in the last quarter. Hedge funds and other institutional investors own 98.72% of the company's stock.

Insider Transactions at BXP

In other BXP news, EVP Peter V. Otteni sold 4,863 shares of the company's stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $59.06, for a total value of $287,208.78. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Eric G. Kevorkian sold 2,000 shares of the company's stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $59.85, for a total transaction of $119,700.00. Following the completion of the transaction, the senior vice president directly owned 311 shares in the company, valued at $18,613.35. The trade was a 86.54% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 7,063 shares of company stock worth $418,955 in the last ninety days. 1.50% of the stock is currently owned by corporate insiders.

BXP Trading Down 0.1%

Shares of BXP stock opened at $60.65 on Friday. The company's 50-day moving average price is $56.33 and its 200-day moving average price is $62.18. The company has a current ratio of 4.22, a quick ratio of 4.22 and a debt-to-equity ratio of 2.07. The stock has a market cap of $9.67 billion, a price-to-earnings ratio of 30.48, a PEG ratio of 2.62 and a beta of 1.04. BXP, Inc. has a twelve month low of $49.72 and a twelve month high of $79.33.

BXP (NYSE:BXP - Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $0.64 earnings per share for the quarter, missing the consensus estimate of $1.58 by ($0.94). The firm had revenue of $872.15 million for the quarter, compared to analyst estimates of $843.11 million. BXP had a net margin of 9.09% and a return on equity of 4.13%. The company's revenue was up .8% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.64 EPS. BXP has set its Q2 2026 guidance at 1.690-1.710 EPS. As a group, equities analysts predict that BXP, Inc. will post 6.96 earnings per share for the current year.

BXP Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Tuesday, March 31st were issued a dividend of $0.70 per share. The ex-dividend date was Tuesday, March 31st. This represents a $2.80 dividend on an annualized basis and a dividend yield of 4.6%. BXP's dividend payout ratio is currently 140.70%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Scotiabank dropped their target price on shares of BXP from $74.00 to $65.00 and set a "sector perform" rating for the company in a report on Monday, March 2nd. JPMorgan Chase & Co. dropped their target price on shares of BXP from $82.00 to $79.00 and set an "overweight" rating for the company in a report on Wednesday, April 1st. Weiss Ratings lowered shares of BXP from a "hold (c)" rating to a "hold (c-)" rating in a report on Monday, April 27th. Wall Street Zen raised shares of BXP from a "sell" rating to a "hold" rating in a report on Saturday, May 2nd. Finally, Cantor Fitzgerald lowered their price target on shares of BXP from $79.00 to $70.00 and set an "overweight" rating on the stock in a research report on Friday, May 15th. Ten investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $71.30.

About BXP

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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