Janus Henderson Group PLC Has $3.63 Million Stock Holdings in BXP, Inc. $BXP

Key Points

• Janus Henderson increased its BXP stake by 481.7% in the first quarter, bringing its holdings to 69,907 shares worth approximately $3.63 million. Institutional investors collectively own 98.72% of BXP.
• BXP reported quarterly EPS of $0.43, exceeding the $0.40 analyst consensus, while revenue rose 3.1% year over year to $895.7 million. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $74.58.
• BXP paid a quarterly dividend of $0.70, equivalent to an annualized $2.80 and a 4.0% yield. However, insiders sold 33,176 shares worth $2.15 million over the past 90 days.

Janus Henderson Group PLC raised its holdings in shares of BXP, Inc. (NYSE:BXP - Free Report) by 481.7% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 69,907 shares of the real estate investment trust's stock after acquiring an additional 57,889 shares during the period. Janus Henderson Group PLC's holdings in BXP were worth $3,626,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Adelante Capital Management LLC increased its holdings in BXP by 4.0% in the first quarter. Adelante Capital Management LLC now owns 78,363 shares of the real estate investment trust's stock valued at $4,067,000 after purchasing an additional 3,000 shares during the last quarter. Empowered Funds LLC boosted its holdings in BXP by 5.5% during the first quarter. Empowered Funds LLC now owns 7,489 shares of the real estate investment trust's stock worth $389,000 after buying an additional 390 shares during the last quarter. The Manufacturers Life Insurance Company grew its position in shares of BXP by 1.3% during the 1st quarter. The Manufacturers Life Insurance Company now owns 119,874 shares of the real estate investment trust's stock worth $6,221,000 after buying an additional 1,512 shares during the period. Infrastructure Capital Advisors LLC grew its position in shares of BXP by 65.1% during the 1st quarter. Infrastructure Capital Advisors LLC now owns 30,261 shares of the real estate investment trust's stock worth $1,571,000 after buying an additional 11,932 shares during the period. Finally, Quantinno Capital Management LP increased its stake in shares of BXP by 56.6% in the 1st quarter. Quantinno Capital Management LP now owns 241,758 shares of the real estate investment trust's stock valued at $12,547,000 after acquiring an additional 87,418 shares during the last quarter. 98.72% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other BXP news, 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 value of $119,700.00. Following the sale, the senior vice president directly owned 311 shares in the company, valued at approximately $18,613.35. The trade was a 86.54% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Michael E. Labelle sold 26,113 shares of the business's 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 sale, the chief financial officer directly owned 5,839 shares in the company, valued at $387,417.65. This trade represents a 81.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 33,176 shares of company stock worth $2,151,552. 1.50% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Barclays lifted their price objective on shares of BXP from $65.00 to $79.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 21st. Scotiabank increased their target price on shares of BXP from $74.00 to $76.00 and gave the stock a "sector outperform" rating in a report on Wednesday. Evercore set a $68.00 price target on shares of BXP in a research report on Monday, July 6th. Mizuho boosted their price target on shares of BXP from $62.00 to $68.00 and gave the company a "neutral" rating in a report on Tuesday, July 21st. 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 research report on Tuesday, July 21st. Eleven investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, BXP presently has an average rating of "Moderate Buy" and a consensus target price of $74.58.

BXP Stock Performance

Shares of BXP stock opened at $69.61 on Friday. The company has a debt-to-equity ratio of 2.07, a current ratio of 3.91 and a quick ratio of 4.22. The firm has a market cap of $11.10 billion, a price-to-earnings ratio of 37.42, a price-to-earnings-growth ratio of 2.57 and a beta of 1.01. The stock's 50-day moving average is $67.04 and its 200-day moving average is $61.29. BXP, Inc. has a one year low of $49.72 and a one year high of $79.33.

BXP (NYSE:BXP - Get Free Report) last announced its earnings results on Tuesday, July 28th. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.40 by $0.03. The business had revenue of $895.70 million for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter last year, the firm 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. Equities analysts predict that BXP, Inc. will post 7.02 earnings per share for the current fiscal year.

BXP Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th were given a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend was Tuesday, June 30th. BXP's payout ratio is currently 150.54%.

BXP 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source