VIRGINIA RETIREMENT SYSTEMS ET Al Makes New $6.77 Million Investment in BXP, Inc. $BXP

Key Points

• Virginia Retirement Systems acquired 102,160 shares of BXP in the second quarter, valued at approximately $6.77 million, giving it about a 0.06% stake. Institutional investors collectively own 98.72% of the REIT.
• BXP reported quarterly adjusted earnings of $0.43 per share, exceeding the $0.40 consensus estimate, while revenue rose 3.1% year over year to $895.7 million. The company reaffirmed fiscal 2026 guidance of $6.99–$7.05 per share.
• BXP pays a quarterly dividend of $0.70 per share, equivalent to an annualized $2.80 dividend and a 4.3% yield. Analysts have a Moderate Buy consensus rating and an average price target of $75.05, compared with shares trading at $65.82.

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in BXP, Inc. (NYSE:BXP - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 102,160 shares of the real estate investment trust's stock, valued at approximately $6,774,000. VIRGINIA RETIREMENT SYSTEMS ET Al owned about 0.06% of BXP at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Elyxium Wealth LLC purchased a new stake in shares of BXP during the fourth quarter valued at $25,000. MUFG Securities EMEA plc purchased a new position in BXP in the 2nd quarter worth about $29,000. Clearstead Advisors LLC lifted its stake in BXP by 109.4% during 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 bought a new position in BXP during the 2nd quarter valued at about $41,000. Finally, State of Wyoming boosted its holdings in shares of BXP by 45.5% during the 4th quarter. State of Wyoming now owns 617 shares of the real estate investment trust's stock valued at $42,000 after acquiring an additional 193 shares during the last quarter. 98.72% of the stock is owned by institutional investors.

BXP Trading Down 2.8%

Shares of BXP stock opened at $65.82 on Wednesday. The company has a debt-to-equity ratio of 2.07, a current ratio of 3.91 and a quick ratio of 3.91. The company has a market cap of $10.51 billion, a price-to-earnings ratio of 35.39, a PEG ratio of 2.53 and a beta of 1.01. BXP, Inc. has a 1 year low of $49.72 and a 1 year high of $79.33. The firm has a fifty day moving average price of $68.67 and a 200-day moving average price of $61.94.

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, beating the consensus estimate of $0.40 by $0.03. BXP had a return on equity of 3.88% and a net margin of 8.44%.The company had revenue of $895.70 million for the quarter, compared to the consensus estimate of $858.07 million. During the same period in the previous year, the business earned $1.71 earnings per share. BXP'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. As a group, equities analysts predict that BXP, Inc. will post 7.02 earnings per share for the current year.

BXP Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th were paid a dividend of $0.70 per share. The ex-dividend date was Tuesday, June 30th. This represents a $2.80 dividend on an annualized basis and a yield of 4.3%. BXP's dividend payout ratio (DPR) is presently 150.54%.

Wall Street Analyst Weigh In

BXP has been the subject of a number of research analyst reports. UBS Group lifted their price target on shares of BXP from $61.00 to $70.00 and gave the stock a "neutral" rating in a research note on Tuesday, August 25th. LADENBURG THALM/SH SH boosted their target price on shares of BXP from $70.00 to $80.00 and gave the company a "buy" rating in a research note on Wednesday, July 8th. Scotiabank increased their price target on BXP from $74.00 to $76.00 and gave the company a "sector outperform" rating in a report on Wednesday, August 5th. Citigroup raised their price target on BXP from $58.00 to $69.00 and gave the stock a "neutral" rating in a research note on Tuesday, August 4th. Finally, Wall Street Zen upgraded BXP from a "sell" rating to a "hold" rating in a research report on Saturday, August 15th. Eleven equities research 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 has an average rating of "Moderate Buy" and a consensus price target of $75.05.

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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