Chilton Capital Management LLC Has $6.98 Million Stake in BXP, Inc. $BXP

Chilton Capital Management LLC increased its stake in shares of BXP, Inc. (NYSE:BXP) by 11.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 101,679 shares of the real estate investment trust’s stock after buying an additional 10,416 shares during the period. Chilton Capital Management LLC owned 0.06% of BXP worth $6,982,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Truist Financial Corp boosted its stake in shares of BXP by 1.2% in the 2nd 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. CVA Family Office LLC boosted its holdings in BXP by 12.4% during the second quarter. CVA Family Office LLC now owns 2,055 shares of the real estate investment trust’s stock worth $139,000 after buying an additional 226 shares during the last quarter. Venture Visionary Partners LLC grew its holdings in BXP by 3.1% during the second quarter. Venture Visionary Partners LLC now owns 7,712 shares of the real estate investment trust’s stock valued at $520,000 after purchasing an additional 230 shares during the period. Naviter Wealth LLC boosted its position in shares of BXP by 3.4% during the second 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. Finally, Prime Capital Investment Advisors LLC increased its position in shares of 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 in the last quarter. Institutional investors and hedge funds own 98.72% of the company’s stock.

BXP Trading Up 0.6%

Shares of BXP stock opened at $74.19 on Friday. BXP, Inc. has a 12-month low of $54.22 and a 12-month high of $88.72. The company has a quick ratio of 3.76, a current ratio of 3.76 and a debt-to-equity ratio of 2.06. The business’s 50 day moving average is $73.15 and its 200-day moving average is $69.35. The stock has a market cap of $11.75 billion, a P/E ratio of 2,473.69, a P/E/G ratio of 7.76 and a beta of 1.22.

BXP (NYSE:BXP) last issued its earnings results 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. BXP had a net margin of 0.11% and a return on equity of 3.89%. The business had revenue of $868.46 million during the quarter, compared to the consensus estimate of $845.09 million. During the same period last year, the business posted $1.77 EPS. BXP’s revenue was up 2.1% on a year-over-year basis. BXP has set its FY 2025 guidance at 6.840-6.92 EPS. Q3 2025 guidance at 1.690-1.71 EPS. Equities research analysts predict that BXP, Inc. will post 6.91 earnings per share for the current fiscal year.

BXP Cuts Dividend

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

Analyst Ratings Changes

Several equities research analysts have recently issued reports on BXP shares. Wall Street Zen downgraded shares of BXP from a “hold” rating to a “sell” rating in a research report on Saturday, September 13th. BMO Capital Markets lowered their target price on BXP from $86.00 to $84.00 and set an “outperform” rating for the company in a report on Tuesday, September 9th. Wells Fargo & Company cut their price target on BXP from $78.00 to $77.00 and set an “overweight” rating on the stock in a report on Wednesday, August 27th. Evercore ISI lifted their target price on BXP from $76.00 to $77.00 and gave the company an “in-line” rating in a research report on Monday, September 29th. Finally, The Goldman Sachs Group set a $77.00 price target on BXP and gave the stock a “neutral” rating in a research report on Friday, October 17th. Eight analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $79.26.

About BXP

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.