Roman Butler Fullerton & Co. Sells 220 Shares of BXP, Inc. $BXP

Roman Butler Fullerton & Co. lessened its holdings in shares of BXP, Inc. (NYSE:BXP) by 5.4% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,885 shares of the real estate investment trust’s stock after selling 220 shares during the quarter. Roman Butler Fullerton & Co.’s holdings in BXP were worth $279,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. REAP Financial Group LLC raised its holdings in shares of BXP by 193.2% during the second quarter. REAP Financial Group LLC now owns 472 shares of the real estate investment trust’s stock valued at $32,000 after acquiring an additional 311 shares in the last quarter. CX Institutional raised its holdings in shares of BXP by 24.6% during the second quarter. CX Institutional now owns 1,526 shares of the real estate investment trust’s stock valued at $103,000 after acquiring an additional 301 shares in the last quarter. Hilltop National Bank bought a new position in shares of BXP during the second quarter valued at approximately $111,000. Brooklyn Investment Group raised its holdings in shares of BXP by 124.6% during the first quarter. Brooklyn Investment Group now owns 1,927 shares of the real estate investment trust’s stock valued at $129,000 after acquiring an additional 1,069 shares in the last quarter. Finally, Rehmann Capital Advisory Group bought a new position in shares of BXP during the second quarter valued at approximately $200,000. Institutional investors own 98.72% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on BXP. UBS Group upped their target price on BXP from $68.00 to $74.00 and gave the company a “neutral” rating in a report on Tuesday, September 9th. JPMorgan Chase & Co. raised BXP from a “neutral” rating to an “overweight” rating and set a $83.00 price target on the stock in a research note on Friday, October 17th. Mizuho reduced their price target on BXP from $86.00 to $82.00 and set an “outperform” rating on the stock in a research note on Monday, July 14th. Wall Street Zen cut BXP from a “hold” rating to a “sell” rating in a research note on Saturday, September 13th. Finally, LADENBURG THALM/SH SH started coverage on BXP in a research note on Monday, October 13th. They issued a “buy” rating and a $85.00 price target on the stock. Eight investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $79.26.

BXP Trading Up 0.9%

NYSE BXP opened at $73.85 on Friday. BXP, Inc. has a 12 month low of $54.22 and a 12 month high of $88.72. The stock has a market cap of $11.70 billion, a P/E ratio of 2,462.32, a P/E/G ratio of 7.66 and a beta of 1.22. The stock’s fifty day moving average price is $72.97 and its 200-day moving average price is $69.14. The company has a current ratio of 3.76, a quick ratio of 3.76 and a debt-to-equity ratio of 2.06.

BXP (NYSE:BXP) last released its earnings results on Tuesday, July 29th. The real estate investment trust reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.67 by $0.04. BXP had a return on equity of 3.89% and a net margin of 0.11%.The firm had revenue of $868.46 million for the quarter, compared to analysts’ expectations of $845.09 million. During the same period in the prior year, the firm posted $1.77 earnings per share. The company’s quarterly 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. As a group, equities analysts forecast that BXP, Inc. will post 6.91 EPS 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 paid a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend is Tuesday, September 30th. BXP’s dividend payout ratio is currently 9,333.33%.

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.