Jupiter Topco LLC Makes New $4.64 Million Investment in BXP, Inc. $BXP

Jupiter Topco LLC purchased a new position in shares of BXP, Inc. (NYSE:BXP) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 69,907 shares of the real estate investment trust’s stock, valued at approximately $4,636,000.

Several other hedge funds and other institutional investors have also made changes to their positions in BXP. BlackRock Inc. purchased a new position in BXP in the 2nd quarter valued at approximately $1,192,349,000. Norges Bank purchased a new stake in shares of BXP during the fourth quarter worth $689,419,000. Cohen & Steers Inc. increased its position in shares of BXP by 41.4% during the fourth quarter. Cohen & Steers Inc. now owns 15,382,890 shares of the real estate investment trust’s stock worth $1,038,176,000 after acquiring an additional 4,503,738 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of BXP by 32,286.7% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,889,115 shares of the real estate investment trust’s stock valued at $127,477,000 after acquiring an additional 1,883,282 shares in the last quarter. Finally, J. Goldman & Co LP acquired a new stake in shares of BXP in the second quarter valued at $4,004,000. Hedge funds and other institutional investors own 98.72% of the company’s stock.

BXP Trading Down 1.7%

BXP opened at $68.12 on Tuesday. The company has a debt-to-equity ratio of 2.07, a quick ratio of 3.91 and a current ratio of 3.91. BXP, Inc. has a one year low of $49.72 and a one year high of $79.33. The company has a market cap of $10.88 billion, a P/E ratio of 36.62, a PEG ratio of 2.59 and a beta of 1.01. The business’s 50-day simple moving average is $68.50 and its 200-day simple moving average is $61.67.

BXP (NYSE:BXP) last posted its earnings results on Tuesday, July 28th. The real estate investment trust reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.03. The firm had revenue of $895.70 million during the quarter, compared to analysts’ expectations of $858.07 million. BXP had a return on equity of 3.88% and a net margin of 8.44%.The firm’s revenue was up 3.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.71 earnings per share. 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 research analysts expect that BXP, Inc. will post 7.02 EPS for the current fiscal year.

BXP Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th were issued a $0.70 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $2.80 annualized dividend and a dividend yield of 4.1%. BXP’s dividend payout ratio is presently 150.54%.

Insider Activity

In related news, CFO Michael E. Labelle sold 26,113 shares of the stock in a transaction on Tuesday, June 9th. The shares were 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 of the company’s stock, 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 accessible through the SEC website. Insiders own 1.50% of the company’s stock.

Analysts Set New Price Targets

BXP has been the subject of several analyst reports. Evercore set a $68.00 target price on BXP in a research note on Monday, July 6th. Wall Street Zen raised BXP from a “sell” rating to a “hold” rating in a research report on Saturday, August 15th. BMO Capital Markets reiterated an “outperform” rating and issued a $68.00 price objective on shares of BXP in a research note on Tuesday, June 2nd. Piper Sandler lowered their price objective on BXP from $90.00 to $88.00 and set an “overweight” rating for the company in a research report on Thursday. Finally, Weiss Ratings upgraded shares of BXP from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, July 8th. Eleven investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $74.79.

BXP Company Profile

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.