Benjamin F. Edwards & Company Inc. Has $112,000 Stock Holdings in Boston Properties, Inc. (NYSE:BXP)

Benjamin F. Edwards & Company Inc. boosted its stake in shares of Boston Properties, Inc. (NYSE:BXPGet Rating) by 50.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,500 shares of the real estate investment trust’s stock after purchasing an additional 500 shares during the period. Benjamin F. Edwards & Company Inc.’s holdings in Boston Properties were worth $112,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of BXP. Moody National Bank Trust Division lifted its position in shares of Boston Properties by 38.7% in the second quarter. Moody National Bank Trust Division now owns 4,529 shares of the real estate investment trust’s stock valued at $403,000 after buying an additional 1,263 shares during the last quarter. Artemis Investment Management LLP lifted its position in shares of Boston Properties by 59.7% in the second quarter. Artemis Investment Management LLP now owns 279,628 shares of the real estate investment trust’s stock valued at $24,950,000 after buying an additional 104,496 shares during the last quarter. ExodusPoint Capital Management LP lifted its position in shares of Boston Properties by 205.0% in the second quarter. ExodusPoint Capital Management LP now owns 64,411 shares of the real estate investment trust’s stock valued at $5,731,000 after buying an additional 43,292 shares during the last quarter. YorkBridge Wealth Partners LLC lifted its position in shares of Boston Properties by 9.8% in the second quarter. YorkBridge Wealth Partners LLC now owns 3,550 shares of the real estate investment trust’s stock valued at $316,000 after buying an additional 316 shares during the last quarter. Finally, Baker Tilly Wealth Management LLC lifted its position in shares of Boston Properties by 9.6% in the third quarter. Baker Tilly Wealth Management LLC now owns 5,241 shares of the real estate investment trust’s stock valued at $393,000 after buying an additional 459 shares during the last quarter. 88.62% of the stock is owned by institutional investors and hedge funds.

Boston Properties Price Performance

Boston Properties stock opened at $71.20 on Monday. The stock’s fifty day moving average price is $69.23 and its two-hundred day moving average price is $77.42. Boston Properties, Inc. has a one year low of $64.03 and a one year high of $133.11. The company has a debt-to-equity ratio of 1.68, a current ratio of 4.08 and a quick ratio of 4.08. The firm has a market cap of $11.16 billion, a PE ratio of 12.28 and a beta of 1.02.

Boston Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 30th. Shareholders of record on Friday, December 30th will be paid a dividend of $0.98 per share. The ex-dividend date is Thursday, December 29th. This represents a $3.92 dividend on an annualized basis and a yield of 5.51%. Boston Properties’s dividend payout ratio (DPR) is presently 67.59%.

Wall Street Analyst Weigh In

BXP has been the subject of a number of recent analyst reports. Morgan Stanley cut their price objective on Boston Properties from $78.00 to $65.00 and set an “equal weight” rating for the company in a research report on Wednesday, November 23rd. Mizuho lowered their target price on Boston Properties from $95.00 to $85.00 and set a “buy” rating on the stock in a research note on Wednesday, January 4th. Robert W. Baird lowered their target price on Boston Properties from $105.00 to $83.00 in a research note on Friday, September 23rd. Deutsche Bank Aktiengesellschaft lowered Boston Properties from a “buy” rating to a “hold” rating and lowered their target price for the stock from $91.00 to $74.00 in a research note on Wednesday, January 4th. Finally, Piper Sandler lowered their target price on Boston Properties from $90.00 to $84.00 and set a “neutral” rating on the stock in a research note on Friday, October 7th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $85.99.

Boston Properties Company Profile

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Boston Properties (NYSE:BXP) is the largest publicly-held developer and owner of Class A office properties in the United States, concentrated in five markets – Boston, Los Angeles, New York, San Francisco and Washington, DC. The Company is a fully integrated real estate company, organized as a real estate investment trust (REIT), that develops, manages, operates, acquires and owns a diverse portfolio of primarily Class A office space.

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Institutional Ownership by Quarter for Boston Properties (NYSE:BXP)

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