Asset Management One Co. Ltd. Raises Stock Position in BXP, Inc. $BXP

Asset Management One Co. Ltd. increased its position in shares of BXP, Inc. (NYSE:BXP) by 1.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 291,875 shares of the real estate investment trust’s stock after acquiring an additional 4,431 shares during the quarter. Asset Management One Co. Ltd.’s holdings in BXP were worth $19,693,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in the business. Truist Financial Corp increased its stake in BXP by 1.2% in the second quarter. Truist Financial Corp now owns 11,987 shares of the real estate investment trust’s stock valued at $809,000 after purchasing an additional 145 shares during the last quarter. Venture Visionary Partners LLC raised its stake in shares of BXP by 3.1% during the 2nd quarter. Venture Visionary Partners LLC now owns 7,712 shares of the real estate investment trust’s stock worth $520,000 after buying an additional 230 shares during the last quarter. Naviter Wealth LLC increased its position in BXP by 3.4% during the 2nd quarter. Naviter Wealth LLC now owns 7,003 shares of the real estate investment trust’s stock worth $479,000 after purchasing an additional 232 shares in the last quarter. Prime Capital Investment Advisors LLC grew its holdings in BXP by 8.4% in the 2nd quarter. Prime Capital Investment Advisors LLC now owns 3,794 shares of the real estate investment trust’s stock valued at $256,000 after buying an additional 295 shares during the period. Finally, CX Institutional grew its holdings in shares of BXP by 24.6% during the 2nd quarter. CX Institutional now owns 1,526 shares of the real estate investment trust’s stock worth $103,000 after purchasing an additional 301 shares during the period. Institutional investors and hedge funds own 98.72% of the company’s stock.

BXP Price Performance

Shares of BXP stock opened at $74.19 on Friday. The stock’s fifty day simple moving average is $73.15 and its 200 day simple moving average is $69.35. The company has a debt-to-equity ratio of 2.06, a current ratio of 3.76 and a quick ratio of 3.76. The firm has a market cap of $11.75 billion, a price-to-earnings ratio of 2,473.69, a P/E/G ratio of 7.76 and a beta of 1.22. BXP, Inc. has a one year low of $54.22 and a one year high of $88.72.

BXP (NYSE:BXP) last issued its quarterly earnings data on Tuesday, July 29th. The real estate investment trust reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.67 by $0.04. The firm 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 quarter in the previous year, the company posted $1.77 EPS. BXP has set its FY 2025 guidance at 6.840-6.92 EPS. Q3 2025 guidance at 1.690-1.71 EPS. On average, analysts expect that BXP, Inc. will post 6.91 earnings per share for the current fiscal year.

BXP Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Tuesday, September 30th will be issued a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 3.8%. The ex-dividend date is Tuesday, September 30th. BXP’s dividend payout ratio is 9,333.33%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. UBS Group upped their target price on BXP from $68.00 to $74.00 and gave the company a “neutral” rating in a research report on Tuesday, September 9th. JPMorgan Chase & Co. raised BXP from a “neutral” rating to an “overweight” rating and set a $83.00 target price for the company in a report on Friday, October 17th. Scotiabank reduced their price objective on BXP from $81.00 to $77.00 and set a “sector perform” rating for the company in a research note on Thursday, August 28th. Jefferies Financial Group upped their target price on BXP from $79.00 to $84.00 and gave the stock a “buy” rating in a research report on Monday, October 13th. Finally, BMO Capital Markets lowered their price objective on BXP from $86.00 to $84.00 and set an “outperform” rating on the stock in a report on Tuesday, September 9th. Eight investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $79.26.

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.