BXP, Inc. $BXP Shares Sold by Cbre Investment Management Listed Real Assets LLC

Cbre Investment Management Listed Real Assets LLC lessened its holdings in shares of BXP, Inc. (NYSE:BXP) by 29.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 622,750 shares of the real estate investment trust’s stock after selling 258,444 shares during the quarter. Cbre Investment Management Listed Real Assets LLC’s holdings in BXP were worth $42,023,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Norges Bank acquired a new stake in BXP during the 4th quarter worth $689,419,000. APG Asset Management US Inc. boosted its stake in BXP by 3.2% during the 3rd quarter. APG Asset Management US Inc. now owns 7,401,513 shares of the real estate investment trust’s stock worth $564,883,000 after purchasing an additional 232,591 shares during the last quarter. Geode Capital Management LLC boosted its stake in BXP by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 4,270,027 shares of the real estate investment trust’s stock worth $287,121,000 after purchasing an additional 55,621 shares during the last quarter. Invesco Ltd. boosted its stake in BXP by 44.9% during the 3rd quarter. Invesco Ltd. now owns 3,896,978 shares of the real estate investment trust’s stock worth $289,701,000 after purchasing an additional 1,207,607 shares during the last quarter. Finally, Boston Partners boosted its stake in BXP by 17.6% during the 3rd quarter. Boston Partners now owns 3,538,351 shares of the real estate investment trust’s stock worth $263,031,000 after purchasing an additional 529,158 shares during the last quarter. Institutional investors and hedge funds own 98.72% of the company’s stock.

BXP Stock Down 1.4%

Shares of BXP opened at $59.14 on Tuesday. The firm has a market cap of $9.43 billion, a P/E ratio of 29.72, a price-to-earnings-growth ratio of 2.59 and a beta of 1.04. BXP, Inc. has a 12-month low of $49.72 and a 12-month high of $79.33. The company’s 50-day moving average price is $56.58 and its 200 day moving average price is $62.00. The company has a current ratio of 4.22, a quick ratio of 4.22 and a debt-to-equity ratio of 2.07.

BXP (NYSE:BXP) last issued its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $0.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.58 by ($0.94). The company had revenue of $872.15 million during the quarter, compared to analysts’ expectations of $843.11 million. BXP had a net margin of 9.09% and a return on equity of 4.13%. The firm’s quarterly revenue was up .8% on a year-over-year basis. During the same quarter last year, the firm posted $1.64 earnings per share. BXP has set its Q2 2026 guidance at 1.690-1.710 EPS. On average, sell-side analysts forecast that BXP, Inc. will post 6.95 earnings per share for the current year.

BXP Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Tuesday, March 31st were paid a dividend of $0.70 per share. The ex-dividend date was Tuesday, March 31st. This represents a $2.80 dividend on an annualized basis and a yield of 4.7%. BXP’s dividend payout ratio is 140.70%.

Wall Street Analysts Forecast Growth

BXP has been the topic of several analyst reports. Piper Sandler reduced their price target on BXP from $87.00 to $75.00 and set an “overweight” rating on the stock in a report on Wednesday, April 1st. Truist Financial reduced 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. UBS Group reduced their price target on BXP from $66.00 to $61.00 and set a “neutral” rating on the stock in a report on Thursday, May 14th. Cantor Fitzgerald reduced their price target on BXP from $79.00 to $70.00 and set an “overweight” rating on the stock in a report on Friday, May 15th. Finally, Barclays reduced their price target on BXP from $66.00 to $65.00 and set an “overweight” rating on the stock in a report on Monday, May 18th. Ten research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $71.45.

Insider Transactions at BXP

In other BXP news, EVP Peter V. Otteni sold 4,863 shares of the business’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $59.06, for a total transaction of $287,208.78. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Eric G. Kevorkian sold 2,000 shares of the business’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $59.85, for a total transaction of $119,700.00. Following the sale, the senior vice president owned 311 shares in the company, valued at $18,613.35. This trade represents a 86.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 7,063 shares of company stock worth $418,955 over the last quarter. Insiders own 1.50% of the company’s stock.

BXP 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.