United Capital Financial Advisors LLC Makes New Investment in BXP, Inc. $BXP

United Capital Financial Advisors LLC bought a new position in BXP, Inc. (NYSE:BXP) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor bought 14,846 shares of the real estate investment trust’s stock, valued at approximately $984,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Equitable Holdings Inc. purchased a new position in shares of BXP in the 2nd quarter worth about $712,000. Pacific Heights Asset Management LLC purchased a new position in BXP in the second quarter worth about $19,893,000. Jefferies Financial Group Inc. bought a new position in shares of BXP in the second quarter worth approximately $1,724,000. Public Employees Retirement System of Ohio purchased a new stake in shares of BXP during the second quarter valued at approximately $15,015,000. Finally, Adelante Capital Management LLC purchased a new stake in shares of BXP during the second quarter valued at approximately $5,571,000. Institutional investors own 98.72% of the company’s stock.

Wall Street Analysts Forecast Growth

BXP has been the subject of several analyst reports. Scotiabank raised their price target on shares of BXP from $74.00 to $76.00 and gave the company a “sector outperform” rating in a research report on Wednesday, August 5th. Wells Fargo & Company upped their price objective on BXP from $69.00 to $77.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. Wall Street Zen raised BXP from a “sell” rating to a “hold” rating in a report on Saturday, August 15th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of BXP in a report on Wednesday, August 12th. Finally, Truist Financial lowered their price target on BXP from $70.00 to $64.00 and set a “hold” rating on the stock in a report on Tuesday, May 26th. Eleven equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $74.79.

BXP Stock Up 0.1%

BXP opened at $69.39 on Monday. The company has a quick ratio of 3.91, a current ratio of 3.91 and a debt-to-equity ratio of 2.07. The firm has a 50 day moving average price of $68.43 and a 200-day moving average price of $61.66. BXP, Inc. has a twelve month low of $49.72 and a twelve month high of $79.33. The stock has a market capitalization of $11.08 billion, a price-to-earnings ratio of 37.31, a PEG ratio of 2.59 and a beta of 1.01.

BXP (NYSE:BXP) last issued its earnings results on Tuesday, July 28th. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.03. BXP had a net margin of 8.44% and a return on equity of 3.88%. The company had revenue of $895.70 million for the quarter, compared to analysts’ expectations of $858.07 million. During the same quarter last year, the company posted $1.71 earnings per share. The firm’s quarterly revenue was up 3.1% on a year-over-year basis. BXP has set its FY 2026 guidance at 6.990-7.050 EPS and its Q3 2026 guidance at 1.800-1.820 EPS. Equities research analysts forecast that BXP, Inc. will post 7.02 earnings per share for the current year.

BXP Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th were issued a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend was Tuesday, June 30th. BXP’s dividend payout ratio is presently 150.54%.

Insider Activity

In other news, CFO Michael E. Labelle sold 26,113 shares of the firm’s stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $66.35, for a total value of $1,732,597.55. Following the transaction, the chief financial officer directly owned 5,839 shares in the company, valued at $387,417.65. This trade represents a 81.73% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 1.50% of the stock is currently owned by company insiders.

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.