Vanguard Personalized Indexing Management LLC Purchases 3,666 Shares of BXP, Inc. $BXP

Key Points

• Vanguard Personalized Indexing Management LLC increased its position in BXP, Inc. by 14.6% in the second quarter, acquiring an additional 3,666 shares, bringing its total to 28,792 shares valued at approximately $1.94 million.
• Analysts have recently adjusted their price targets for BXP, with UBS Group raising it to $74.00 and JPMorgan Chase boosting it to $78.00, while seven analysts rated the stock as a Buy.
• BXP announced a $0.70 quarterly dividend, reflecting a 4.0% yield, with a notably high payout ratio of 9,333.33%, and the dividend is due to be paid on October 31st.

Vanguard Personalized Indexing Management LLC raised its position in shares of BXP, Inc. (NYSE:BXP - Free Report) by 14.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,792 shares of the real estate investment trust's stock after buying an additional 3,666 shares during the quarter. Vanguard Personalized Indexing Management LLC's holdings in BXP were worth $1,943,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. REAP Financial Group LLC boosted its position in shares of BXP by 193.2% during the 2nd quarter. REAP Financial Group LLC now owns 472 shares of the real estate investment trust's stock valued at $32,000 after acquiring an additional 311 shares during the last quarter. CX Institutional raised its stake in BXP by 24.6% during the second quarter. CX Institutional now owns 1,526 shares of the real estate investment trust's stock valued at $103,000 after purchasing an additional 301 shares in the last quarter. Hilltop National Bank bought a new position in BXP during the second quarter valued at $111,000. Brooklyn Investment Group grew its stake in shares of BXP by 124.6% in the 1st quarter. Brooklyn Investment Group now owns 1,927 shares of the real estate investment trust's stock worth $129,000 after buying an additional 1,069 shares in the last quarter. Finally, Callan Family Office LLC bought a new stake in shares of BXP in the 2nd quarter worth about $202,000. 98.72% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. UBS Group increased their price target on shares of BXP from $68.00 to $74.00 and gave the company a "neutral" rating in a report on Tuesday, September 9th. Truist Financial raised their price objective on BXP from $71.00 to $77.00 and gave the company a "hold" rating in a research note on Wednesday, September 10th. JPMorgan Chase & Co. raised BXP from an "underweight" rating to a "neutral" rating and boosted their target price for the company from $72.00 to $78.00 in a research report on Monday, June 23rd. Scotiabank decreased their price target on BXP from $81.00 to $77.00 and set a "sector perform" rating on the stock in a report on Thursday, August 28th. Finally, Mizuho dropped their price objective on shares of BXP from $86.00 to $82.00 and set an "outperform" rating for the company in a research note on Monday, July 14th. Seven investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $78.95.

BXP Stock Performance

Shares of BXP stock opened at $70.36 on Friday. The company has a quick ratio of 3.76, a current ratio of 3.76 and a debt-to-equity ratio of 2.06. The stock's fifty day moving average is $72.15 and its two-hundred day moving average is $68.83. BXP, Inc. has a 52 week low of $54.22 and a 52 week high of $90.11. The company has a market capitalization of $11.14 billion, a PE ratio of 2,346.12, a price-to-earnings-growth ratio of 7.51 and a beta of 1.22.

BXP (NYSE:BXP - Get Free Report) last released its earnings results on Tuesday, July 29th. The real estate investment trust reported $1.71 earnings per share for the quarter, topping the consensus estimate of $1.67 by $0.04. The business had revenue of $868.46 million during the quarter, compared to the consensus estimate of $845.09 million. BXP had a return on equity of 3.89% and a net margin of 0.11%.The business's revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period last year, the company earned $1.77 earnings per share. BXP has set its FY 2025 guidance at 6.840-6.92 EPS. Q3 2025 guidance at 1.690-1.71 EPS. As a group, analysts expect that BXP, Inc. will post 6.91 earnings per share for the current year.

BXP Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Tuesday, September 30th will be given a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend is Tuesday, September 30th. BXP's payout ratio is 9,333.33%.

BXP Profile

Boston Properties, Inc NYSE: BXP (BXP or the Company) is the largest publicly traded developer, owner, and manager of premier workplaces in the United States, concentrated in six dynamic gateway markets - Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. BXP has delivered places that power progress for our clients and communities for more than 50 years.

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