Hsbc Holdings PLC Raises Stake in BXP, Inc. $BXP

Hsbc Holdings PLC boosted its stake in shares of BXP, Inc. (NYSE:BXP) by 18.9% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 776,982 shares of the real estate investment trust’s stock after buying an additional 123,301 shares during the quarter. Hsbc Holdings PLC’s holdings in BXP were worth $52,438,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Stonehaven Wealth & Tax Solutions LLC boosted its stake in BXP by 4.6% in the fourth quarter. Stonehaven Wealth & Tax Solutions LLC now owns 3,691 shares of the real estate investment trust’s stock valued at $249,000 after acquiring an additional 162 shares during the last quarter. Sage Mountain Advisors LLC raised its holdings in shares of BXP by 4.8% in the 4th quarter. Sage Mountain Advisors LLC now owns 3,722 shares of the real estate investment trust’s stock worth $251,000 after purchasing an additional 171 shares during the period. Signaturefd LLC raised its holdings in shares of BXP by 2.5% in the 4th quarter. Signaturefd LLC now owns 7,383 shares of the real estate investment trust’s stock worth $498,000 after purchasing an additional 179 shares during the period. Keybank National Association OH lifted its stake in BXP by 5.4% in the fourth quarter. Keybank National Association OH now owns 3,578 shares of the real estate investment trust’s stock valued at $241,000 after purchasing an additional 183 shares during the last quarter. Finally, State of Wyoming lifted its stake in BXP by 45.5% in the fourth quarter. State of Wyoming now owns 617 shares of the real estate investment trust’s stock valued at $42,000 after purchasing an additional 193 shares during the last quarter. Institutional investors own 98.72% of the company’s stock.

BXP Price Performance

Shares of NYSE BXP opened at $64.45 on Wednesday. The stock has a market cap of $10.28 billion, a PE ratio of 32.39, a price-to-earnings-growth ratio of 2.80 and a beta of 1.04. BXP, Inc. has a fifty-two week low of $49.72 and a fifty-two week high of $79.33. The company has a debt-to-equity ratio of 2.07, a quick ratio of 4.22 and a current ratio of 4.22. The stock has a fifty day moving average of $60.46 and a 200-day moving average of $61.26.

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

BXP Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.70 per share. The ex-dividend date is Tuesday, June 30th. This represents a $2.80 annualized dividend and a dividend yield of 4.3%. BXP’s dividend payout ratio is currently 140.70%.

Insider Transactions at BXP

In related news, SVP Eric G. Kevorkian sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $59.85, for a total transaction of $119,700.00. Following the completion of the transaction, the senior vice president owned 311 shares of the company’s stock, valued at approximately $18,613.35. The trade was a 86.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Michael E. Labelle sold 26,113 shares of the company’s stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $66.35, for a total transaction of $1,732,597.55. Following the sale, 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 disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 33,176 shares of company stock valued at $2,151,552. 1.50% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts have issued reports on BXP shares. Cantor Fitzgerald decreased their target price on BXP from $79.00 to $70.00 and set an “overweight” rating for the company in a research report on Friday, May 15th. Piper Sandler cut their price target on BXP from $87.00 to $75.00 and set an “overweight” rating for the company in a research note on Wednesday, April 1st. Citigroup cut their price target on BXP from $68.00 to $58.00 and set a “neutral” rating for the company in a research note on Wednesday, April 15th. Deutsche Bank Aktiengesellschaft set a $61.00 price objective on BXP in a research note on Wednesday, May 13th. Finally, Evercore set a $62.00 price objective on shares of BXP in a report on Wednesday, April 29th. Eleven research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, BXP presently has a consensus rating of “Moderate Buy” and an average target price of $70.90.

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.