Rakuten Investment Management Inc. Invests $1.05 Million in BXP, Inc. $BXP

Rakuten Investment Management Inc. acquired a new position in shares of BXP, Inc. (NYSE:BXP - Free Report) in the second quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 15,725 shares of the real estate investment trust's stock, valued at approximately $1,055,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Elyxium Wealth LLC purchased a new position in BXP during the fourth quarter worth about $25,000. MUFG Securities EMEA plc purchased a new stake in shares of BXP in the 2nd quarter valued at approximately $29,000. Clearstead Advisors LLC raised its stake 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 acquiring an additional 268 shares during the period. Silvant Capital Management LLC acquired a new position in shares of BXP in the 2nd quarter worth approximately $41,000. Finally, State of Wyoming lifted its holdings in shares of BXP by 45.5% in 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 during the last quarter. 98.72% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

BXP has been the subject of several research reports. Weiss Ratings upgraded shares of BXP from a "hold (c-)" rating to a "hold (c)" rating in a 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 research report on Friday, May 15th. BMO Capital Markets reaffirmed an "outperform" rating and issued a $68.00 price objective on shares of BXP in a research note on Tuesday, June 2nd. Wall Street Zen upgraded BXP from a "sell" rating to a "hold" rating in a report on Saturday, August 15th. Finally, Evercore set a $68.00 target price on BXP in a research note on Monday, July 6th. Eleven investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $74.79.

BXP Stock Performance

Shares of BXP stock opened at $68.12 on Tuesday. BXP, Inc. has a one year low of $49.72 and a one year high of $79.33. The company has a market cap of $10.88 billion, a PE ratio of 36.62, a P/E/G ratio of 2.59 and a beta of 1.01. 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 business has a 50-day simple moving average of $68.50 and a 200-day simple moving average of $61.67.

BXP (NYSE:BXP - Get Free Report) last released its earnings results on Tuesday, July 28th. The real estate investment trust reported $0.43 earnings per share for the quarter, topping analysts' consensus estimates 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 analyst estimates of $858.07 million. During the same period in the prior year, the firm earned $1.71 earnings per share. The business's quarterly revenue was up 3.1% compared to the same quarter last year. 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 research analysts forecast that BXP, Inc. will post 7.02 EPS for the current fiscal year.

BXP Dividend Announcement

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

Insider Activity

In other news, CFO Michael E. Labelle sold 26,113 shares of BXP stock in a transaction on 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 completion of the sale, the chief financial officer directly owned 5,839 shares of the company's stock, valued at approximately $387,417.65. The trade was a 81.73% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company 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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