SEB Asset Management AB Acquires New Shares in BXP, Inc. $BXP

SEB Asset Management AB bought a new stake in shares of BXP, Inc. (NYSE:BXP) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 42,209 shares of the real estate investment trust’s stock, valued at approximately $2,191,000.

A number of other large investors have also recently made changes to their positions in the stock. SG Americas Securities LLC raised its position in BXP by 546.2% during the fourth quarter. SG Americas Securities LLC now owns 43,708 shares of the real estate investment trust’s stock valued at $2,949,000 after buying an additional 36,944 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in BXP by 9.4% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 450,591 shares of the real estate investment trust’s stock worth $30,559,000 after acquiring an additional 38,639 shares during the period. Fisher Asset Management LLC grew its stake in BXP by 30.7% during the 4th quarter. Fisher Asset Management LLC now owns 327,262 shares of the real estate investment trust’s stock valued at $22,084,000 after acquiring an additional 76,946 shares in the last quarter. Nan Fung Trinity HK Ltd. grew its stake in BXP by 33.7% during the 4th quarter. Nan Fung Trinity HK Ltd. now owns 121,924 shares of the real estate investment trust’s stock valued at $8,227,000 after acquiring an additional 30,700 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of BXP by 11.2% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 198,019 shares of the real estate investment trust’s stock valued at $13,362,000 after purchasing an additional 19,999 shares during the period. 98.72% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Evercore set a $68.00 price target on shares of BXP in a research report on Monday, July 6th. Citigroup lowered their price objective on shares of BXP from $68.00 to $58.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 15th. Deutsche Bank Aktiengesellschaft set a $61.00 target price on shares of BXP in a research report on Wednesday, May 13th. Wells Fargo & Company lifted their target price on shares of BXP from $69.00 to $77.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Finally, Mizuho boosted their price target on shares of BXP from $62.00 to $68.00 and gave the company a “neutral” rating in a report on Tuesday. Eleven investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, BXP presently has a consensus rating of “Moderate Buy” and an average price target of $73.11.

BXP Trading Up 0.5%

Shares of BXP stock opened at $67.77 on Friday. BXP, Inc. has a 12 month low of $49.72 and a 12 month high of $79.33. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 2.07. The business’s 50 day moving average is $64.78 and its two-hundred day moving average is $61.00. The company has a market cap of $10.81 billion, a PE ratio of 34.05, a price-to-earnings-growth ratio of 2.91 and a beta of 1.01.

BXP (NYSE:BXP) last released its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $0.64 EPS for the quarter, missing analysts’ consensus estimates of $1.58 by ($0.94). BXP had a net margin of 9.09% and a return on equity of 4.13%. The firm had revenue of $872.15 million during the quarter, compared to the consensus estimate of $843.11 million. During the same period in the prior year, the business earned $1.64 EPS. The company’s revenue for the quarter was up .8% compared to the same quarter last year. BXP has set its Q2 2026 guidance at 1.690-1.710 EPS. Equities analysts predict that BXP, Inc. will post 6.96 EPS for the current year.

BXP Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, June 30th will be issued a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 4.1%. The ex-dividend date is Tuesday, June 30th. BXP’s dividend payout ratio (DPR) is 140.70%.

Insiders Place Their Bets

In other news, CFO Michael E. Labelle sold 26,113 shares of the firm’s stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $66.35, for a total value of $1,732,597.55. Following the sale, the chief financial officer directly owned 5,839 shares of the company’s stock, valued at approximately $387,417.65. This trade represents a 81.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Peter V. Otteni sold 4,863 shares of BXP stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $59.06, for a total value of $287,208.78. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 33,176 shares of company stock valued at $2,151,552 in the last quarter. Insiders own 1.50% of the company’s stock.

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.