Boston Properties, Inc. (NYSE:BXP) Shares Purchased by Natixis Advisors L.P.

Natixis Advisors L.P. raised its holdings in Boston Properties, Inc. (NYSE:BXP - Free Report) by 31.6% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 65,692 shares of the real estate investment trust's stock after acquiring an additional 15,783 shares during the quarter. Natixis Advisors L.P.'s holdings in Boston Properties were worth $4,609,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of BXP. Senvest Management LLC boosted its holdings in shares of Boston Properties by 6.3% in the third quarter. Senvest Management LLC now owns 3,035,887 shares of the real estate investment trust's stock valued at $180,575,000 after purchasing an additional 179,547 shares during the period. Northern Trust Corp increased its stake in shares of Boston Properties by 9.6% during the third quarter. Northern Trust Corp now owns 2,780,809 shares of the real estate investment trust's stock valued at $165,403,000 after buying an additional 243,246 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of Boston Properties by 27.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,986,269 shares of the real estate investment trust's stock valued at $118,143,000 after acquiring an additional 429,587 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in Boston Properties by 86.2% in the third quarter. Ameriprise Financial Inc. now owns 1,957,055 shares of the real estate investment trust's stock worth $112,977,000 after acquiring an additional 906,069 shares during the period. Finally, Earnest Partners LLC grew its holdings in Boston Properties by 43.9% during the 3rd quarter. Earnest Partners LLC now owns 1,369,183 shares of the real estate investment trust's stock worth $81,439,000 after acquiring an additional 417,944 shares in the last quarter. Hedge funds and other institutional investors own 98.72% of the company's stock.

Insider Activity

In other Boston Properties news, EVP Raymond A. Ritchey sold 14,150 shares of the company's stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $62.84, for a total value of $889,186.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 1.35% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. BMO Capital Markets lowered their price target on shares of Boston Properties from $80.00 to $78.00 and set an "outperform" rating for the company in a research report on Monday, April 8th. Evercore ISI reduced their price target on Boston Properties from $73.00 to $69.00 and set an "outperform" rating for the company in a research report on Monday, May 6th. Barclays dropped their price objective on Boston Properties from $67.00 to $66.00 and set an "equal weight" rating on the stock in a research report on Wednesday, March 27th. StockNews.com downgraded shares of Boston Properties from a "hold" rating to a "sell" rating in a report on Friday, May 3rd. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of Boston Properties in a report on Tuesday, January 30th. They issued a "hold" rating and a $74.00 price target on the stock. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $69.53.

Boston Properties Stock Performance

Shares of NYSE BXP traded up $0.07 during mid-day trading on Friday, hitting $61.50. The stock had a trading volume of 787,383 shares, compared to its average volume of 1,167,680. The firm has a market cap of $9.66 billion, a PE ratio of 50.41, a PEG ratio of 0.24 and a beta of 1.15. The company has a debt-to-equity ratio of 1.91, a quick ratio of 5.40 and a current ratio of 4.77. The company has a 50 day moving average of $62.25 and a two-hundred day moving average of $63.31. Boston Properties, Inc. has a twelve month low of $46.80 and a twelve month high of $73.97.

Boston Properties (NYSE:BXP - Get Free Report) last announced its quarterly earnings data on Wednesday, May 1st. The real estate investment trust reported $0.51 earnings per share for the quarter, missing analysts' consensus estimates of $1.73 by ($1.22). Boston Properties had a net margin of 5.81% and a return on equity of 2.35%. The firm had revenue of $839.44 million during the quarter, compared to analyst estimates of $808.68 million. During the same period in the prior year, the company posted $1.73 earnings per share. The firm's revenue for the quarter was up 4.5% on a year-over-year basis. Research analysts predict that Boston Properties, Inc. will post 7.08 EPS for the current fiscal year.

Boston Properties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Thursday, March 28th were paid a dividend of $0.98 per share. This represents a $3.92 annualized dividend and a yield of 6.37%. The ex-dividend date of this dividend was Wednesday, March 27th. Boston Properties's payout ratio is 321.31%.

Boston Properties Company 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.