Universal Beteiligungs und Servicegesellschaft mbH Has $23.44 Million Stock Position in BXP, Inc. $BXP

Universal Beteiligungs und Servicegesellschaft mbH lifted its stake in BXP, Inc. (NYSE:BXP - Free Report) by 44.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 344,126 shares of the real estate investment trust's stock after acquiring an additional 106,327 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.22% of BXP worth $23,440,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of BXP. Muzinich & Co. Inc. acquired a new stake in shares of BXP in the third quarter worth $27,000. Princeton Global Asset Management LLC grew its stake in shares of BXP by 892.5% in the fourth quarter. Princeton Global Asset Management LLC now owns 397 shares of the real estate investment trust's stock worth $27,000 after acquiring an additional 357 shares during the last quarter. MUFG Securities EMEA plc acquired a new stake in shares of BXP in the second quarter worth $29,000. Avalon Trust Co acquired a new stake in shares of BXP in the third quarter worth $36,000. Finally, Quent Capital LLC acquired a new stake in shares of BXP in the third quarter worth $44,000. Institutional investors and hedge funds own 98.72% of the company's stock.

Insiders Place Their Bets

In other BXP news, CEO Owen D. Thomas sold 1,198 shares of BXP stock in a transaction on Friday, February 13th. The shares were sold at an average price of $61.22, for a total transaction of $73,341.56. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Hilary J. Spann sold 5,495 shares of BXP stock in a transaction on Friday, February 27th. The stock was sold at an average price of $59.69, for a total transaction of $327,996.55. Following the sale, the executive vice president owned 17,832 shares in the company, valued at $1,064,392.08. This represents a 23.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 7,887 shares of company stock worth $476,930 in the last quarter. Corporate insiders own 1.50% of the company's stock.

BXP Stock Up 1.4%

BXP opened at $57.77 on Friday. BXP, Inc. has a fifty-two week low of $49.72 and a fifty-two week high of $79.33. The company has a debt-to-equity ratio of 2.21, a current ratio of 5.36 and a quick ratio of 5.36. The firm's fifty day moving average price is $55.22 and its two-hundred day moving average price is $64.18. The company has a market capitalization of $9.17 billion, a P/E ratio of 33.20, a P/E/G ratio of 2.43 and a beta of 1.03.

BXP Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Tuesday, March 31st will be paid a dividend of $0.70 per share. The ex-dividend date is Tuesday, March 31st. This represents a $2.80 dividend on an annualized basis and a yield of 4.8%. BXP's payout ratio is currently 160.92%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on BXP shares. Truist Financial lowered their price objective on shares of BXP from $74.00 to $70.00 and set a "hold" rating on the stock in a research note on Monday, February 2nd. Citigroup lowered their price objective on shares of BXP from $68.00 to $58.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 15th. Piper Sandler lowered their price objective on shares of BXP from $87.00 to $75.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 1st. Barclays lowered their price objective on shares of BXP from $81.00 to $66.00 and set an "overweight" rating on the stock in a research note on Thursday, February 26th. Finally, Cantor Fitzgerald restated an "overweight" rating and issued a $79.00 price objective on shares of BXP in a research note on Thursday, January 29th. Ten research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat.com, BXP presently has an average rating of "Hold" and an average target price of $73.60.

BXP Company 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.

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