Swiss National Bank Cuts Stock Position in BXP, Inc. $BXP

Swiss National Bank lessened its holdings in BXP, Inc. (NYSE:BXP) by 24.2% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 297,900 shares of the real estate investment trust’s stock after selling 94,900 shares during the period. Swiss National Bank’s holdings in BXP were worth $15,461,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. EverSource Wealth Advisors LLC lifted its position in BXP by 29.8% during the second quarter. EverSource Wealth Advisors LLC now owns 1,120 shares of the real estate investment trust’s stock valued at $76,000 after purchasing an additional 257 shares during the last quarter. First Trust Advisors LP grew its stake in shares of BXP by 45.7% in the 2nd quarter. First Trust Advisors LP now owns 40,369 shares of the real estate investment trust’s stock worth $2,724,000 after buying an additional 12,660 shares in the last quarter. Cresset Asset Management LLC increased its holdings in shares of BXP by 29.5% in the 2nd quarter. Cresset Asset Management LLC now owns 9,181 shares of the real estate investment trust’s stock worth $628,000 after buying an additional 2,089 shares during the last quarter. Jump Financial LLC increased its holdings in shares of BXP by 276.0% in the 2nd quarter. Jump Financial LLC now owns 47,062 shares of the real estate investment trust’s stock worth $3,175,000 after buying an additional 34,544 shares during the last quarter. Finally, Squarepoint Ops LLC raised its position in shares of BXP by 99.3% during the 2nd quarter. Squarepoint Ops LLC now owns 112,591 shares of the real estate investment trust’s stock valued at $7,597,000 after buying an additional 56,104 shares in the last quarter. Hedge funds and other institutional investors own 98.72% of the company’s stock.

BXP Price Performance

BXP opened at $69.16 on Friday. The firm has a market capitalization of $11.03 billion, a PE ratio of 34.75, a price-to-earnings-growth ratio of 2.93 and a beta of 1.01. The company has a debt-to-equity ratio of 2.07, a current ratio of 4.22 and a quick ratio of 4.22. The business’s 50-day moving average is $65.00 and its two-hundred day moving average is $61.06. BXP, Inc. has a 1 year low of $49.72 and a 1 year high of $79.33.

BXP (NYSE:BXP) last released its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $0.64 earnings per share 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 quarter in the prior year, the business posted $1.64 earnings per share. The firm’s quarterly revenue was up .8% on a year-over-year basis. BXP has set its Q2 2026 guidance at 1.690-1.710 EPS. Research analysts anticipate that BXP, Inc. will post 6.96 earnings per share for the current fiscal year.

BXP Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th will be paid a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 4.0%. The ex-dividend date is Tuesday, June 30th. BXP’s dividend payout ratio (DPR) is 140.70%.

Insiders Place Their Bets

In other BXP news, SVP Eric G. Kevorkian sold 2,000 shares of BXP stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $59.85, for a total value of $119,700.00. Following the transaction, the senior vice president directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Peter V. Otteni sold 4,863 shares of the company’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $59.06, for a total value of $287,208.78. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 33,176 shares of company stock valued at $2,151,552. 1.50% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. Weiss Ratings raised shares of BXP from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, July 8th. Piper Sandler upped their price objective on BXP from $75.00 to $86.00 and gave the company an “overweight” rating in a research report on Tuesday. Barclays raised their price objective on BXP from $65.00 to $79.00 and gave the company an “overweight” rating in a research note on Tuesday. UBS Group dropped their target price on BXP from $66.00 to $61.00 and set a “neutral” rating for the company in a report on Thursday, May 14th. Finally, Deutsche Bank Aktiengesellschaft set a $61.00 target price on BXP in a research report on Wednesday, May 13th. Eleven research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $73.11.

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.