Vanguard Group Inc. Sells 106,880 Shares of BXP, Inc. $BXP

Vanguard Group Inc. cut its holdings in shares of BXP, Inc. (NYSE:BXP - Free Report) by 0.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 24,031,293 shares of the real estate investment trust's stock after selling 106,880 shares during the period. Vanguard Group Inc. owned about 15.16% of BXP worth $1,621,632,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. APG Asset Management US Inc. lifted its stake in BXP by 3.2% during the third quarter. APG Asset Management US Inc. now owns 7,401,513 shares of the real estate investment trust's stock worth $564,883,000 after purchasing an additional 232,591 shares during the last quarter. Invesco Ltd. lifted its stake in BXP by 44.9% during the third quarter. Invesco Ltd. now owns 3,896,978 shares of the real estate investment trust's stock worth $289,701,000 after purchasing an additional 1,207,607 shares during the last quarter. Boston Partners lifted its stake in BXP by 17.6% during the third quarter. Boston Partners now owns 3,538,351 shares of the real estate investment trust's stock worth $263,031,000 after purchasing an additional 529,158 shares during the last quarter. Northern Trust Corp lifted its stake in BXP by 3.9% during the third quarter. Northern Trust Corp now owns 3,411,777 shares of the real estate investment trust's stock worth $253,632,000 after purchasing an additional 127,948 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in shares of BXP by 1.7% during the third quarter. Dimensional Fund Advisors LP now owns 2,256,924 shares of the real estate investment trust's stock worth $167,785,000 after buying an additional 37,438 shares in the last quarter. 98.72% of the stock is currently owned by institutional investors.

BXP Stock Performance

NYSE BXP opened at $58.49 on Friday. The company has a market capitalization of $9.28 billion, a price-to-earnings ratio of 29.39, a PEG ratio of 2.46 and a beta of 1.03. BXP, Inc. has a twelve month low of $49.72 and a twelve month high of $79.33. The stock has a fifty day simple moving average of $54.97 and a 200 day simple moving average of $63.80. The company has a quick ratio of 5.36, a current ratio of 4.22 and a debt-to-equity ratio of 2.07.

BXP (NYSE:BXP - Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $0.64 earnings per share for the quarter, missing analysts' consensus estimates of $1.58 by ($0.94). The company had revenue of $872.15 million during 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 business's revenue for the quarter was up .8% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.64 earnings per share. BXP has set its Q2 2026 guidance at 1.690-1.710 EPS. Sell-side analysts expect that BXP, Inc. will post 6.98 EPS for the current year.

BXP Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Tuesday, March 31st were issued a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date was Tuesday, March 31st. BXP's dividend payout ratio is presently 140.70%.

Insiders Place Their Bets

In related news, CEO Owen D. Thomas sold 1,198 shares of the stock in a transaction on Friday, February 13th. The stock was sold at an average price of $61.22, for a total value of $73,341.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Hilary J. Spann sold 5,495 shares of the stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $59.69, for a total value of $327,996.55. Following the sale, the executive vice president owned 17,832 shares of the company's stock, valued at approximately $1,064,392.08. The trade was a 23.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 7,887 shares of company stock valued at $476,930 over the last 90 days. 1.50% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on BXP. Truist Financial lowered their price target on shares of BXP from $74.00 to $70.00 and set a "hold" rating for the company in a report on Monday, February 2nd. Barclays lowered their price target on shares of BXP from $81.00 to $66.00 and set an "overweight" rating for the company in a report on Thursday, February 26th. UBS Group lowered their price target on shares of BXP from $74.00 to $71.00 and set a "neutral" rating for the company in a report on Thursday, January 8th. The Goldman Sachs Group set a $72.00 price target on shares of BXP in a report on Wednesday, February 4th. Finally, JPMorgan Chase & Co. lowered their price target 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. Ten research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $73.05.

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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