GSA Capital Partners LLP Acquires Shares of 147,364 BXP, Inc. $BXP

Key Points

• GSA Capital Partners acquired 147,364 shares of BXP in the second quarter, valued at approximately $426,000, giving it a 0.09% stake. Institutional investors collectively own 98.72% of the company.
• Analyst sentiment remains favorable, with 11 Buy ratings and nine Holds producing a consensus “Moderate Buy” rating and an average price target of $74.58.
• BXP exceeded quarterly earnings and revenue expectations, reporting $0.43 in EPS and $895.7 million in revenue. The company also maintained a quarterly dividend of $0.70 per share, equivalent to a 4.1% yield.

GSA Capital Partners LLP bought a new stake in shares of BXP, Inc. (NYSE:BXP - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 147,364 shares of the real estate investment trust's stock, valued at approximately $426,000. GSA Capital Partners LLP owned 0.09% of BXP at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Elyxium Wealth LLC purchased a new position in shares of BXP in the 4th quarter valued at $25,000. MUFG Securities EMEA plc bought a new stake in shares of BXP in the 2nd quarter valued at about $29,000. Clearstead Advisors LLC boosted its holdings in shares of BXP by 109.4% in the 4th quarter. Clearstead Advisors LLC now owns 513 shares of the real estate investment trust's stock valued at $35,000 after buying an additional 268 shares in the last quarter. State of Wyoming raised its stake in shares of BXP by 45.5% during the 4th quarter. State of Wyoming now owns 617 shares of the real estate investment trust's stock worth $42,000 after acquiring an additional 193 shares in the last quarter. Finally, Eastern Bank raised its stake in shares of BXP by 108.7% during the 2nd quarter. Eastern Bank now owns 651 shares of the real estate investment trust's stock worth $43,000 after acquiring an additional 339 shares in the last quarter. 98.72% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have recently commented on the company. Barclays increased 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. LADENBURG THALM/SH SH upped 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. Cantor Fitzgerald lowered their price target on BXP from $79.00 to $70.00 and set an "overweight" rating for the company in a report on Friday, May 15th. Scotiabank boosted their price target on BXP from $74.00 to $76.00 and gave the stock a "sector outperform" rating in a research note on Wednesday, August 5th. Finally, Piper Sandler upped their price objective on shares of BXP from $75.00 to $86.00 and gave the company an "overweight" rating in a report on Tuesday, July 21st. Eleven research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, BXP has an average rating of "Moderate Buy" and a consensus target price of $74.58.

BXP Price Performance

BXP stock opened at $67.50 on Friday. BXP, Inc. has a 52-week low of $49.72 and a 52-week high of $79.33. The firm has a market capitalization of $10.78 billion, a price-to-earnings ratio of 36.29, a PEG ratio of 2.53 and a beta of 1.01. The company has a fifty day simple moving average of $67.88 and a 200-day simple moving average of $61.44. The company has a quick ratio of 3.91, a current ratio of 3.91 and a debt-to-equity ratio of 2.07.

BXP (NYSE:BXP - Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The real estate investment trust reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.03. BXP had a net margin of 8.44% and a return on equity of 3.88%. The firm had revenue of $895.70 million for the quarter, compared to the consensus estimate of $858.07 million. During the same period last year, the firm posted $1.71 earnings per share. 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, equities analysts anticipate that BXP, Inc. will post 7.03 EPS for the current fiscal year.

BXP Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, June 30th were given a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 4.1%. The ex-dividend date was Tuesday, June 30th. BXP's dividend payout ratio (DPR) is presently 150.54%.

Insider Transactions at BXP

In other BXP news, CFO Michael E. Labelle sold 26,113 shares of BXP stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $66.35, for a total transaction of $1,732,597.55. Following the transaction, the chief financial officer directly owned 5,839 shares of the company's stock, valued at $387,417.65. The trade was a 81.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.50% of the company's stock.

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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