Wealth Enhancement Advisory Services LLC Sells 219 Shares of BXP, Inc. $BXP

Wealth Enhancement Advisory Services LLC lowered its stake in shares of BXP, Inc. (NYSE:BXP) by 2.7% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 7,954 shares of the real estate investment trust’s stock after selling 219 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in BXP were worth $547,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in BXP. Nuveen LLC bought a new position in BXP during the first quarter worth about $14,737,000. Tredje AP fonden grew its stake in shares of BXP by 801.4% during the first quarter. Tredje AP fonden now owns 107,921 shares of the real estate investment trust’s stock valued at $7,251,000 after buying an additional 95,948 shares during the last quarter. NewSquare Capital LLC grew its stake in shares of BXP by 98.3% during the first quarter. NewSquare Capital LLC now owns 108,363 shares of the real estate investment trust’s stock valued at $7,281,000 after buying an additional 53,727 shares during the last quarter. Pacific Heights Asset Management LLC increased its stake in shares of BXP by 66.7% in the first quarter. Pacific Heights Asset Management LLC now owns 100,000 shares of the real estate investment trust’s stock worth $6,719,000 after buying an additional 40,000 shares during the period. Finally, Jones Financial Companies Lllp increased its stake in shares of BXP by 632.6% in the first quarter. Jones Financial Companies Lllp now owns 22,615 shares of the real estate investment trust’s stock worth $1,520,000 after buying an additional 19,528 shares during the period. Institutional investors own 98.72% of the company’s stock.

BXP Price Performance

Shares of NYSE BXP opened at $75.57 on Friday. The company has a debt-to-equity ratio of 2.06, a quick ratio of 3.76 and a current ratio of 3.76. BXP, Inc. has a fifty-two week low of $54.22 and a fifty-two week high of $90.11. The company has a market cap of $11.97 billion, a PE ratio of 2,519.77, a P/E/G ratio of 7.93 and a beta of 1.22. The business has a 50-day simple moving average of $71.27 and a two-hundred day simple moving average of $68.63.

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 during the quarter, compared to the consensus estimate of $845.09 million. During the same quarter in the previous year, the company posted $1.77 earnings per share. The company’s revenue was up 2.1% compared to the same quarter last year. 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 expect that BXP, Inc. will post 6.91 EPS for the current fiscal year.

BXP Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Tuesday, September 30th will be given a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 3.7%. The ex-dividend date is Tuesday, September 30th. BXP’s dividend payout ratio (DPR) is currently 9,333.33%.

Analysts Set New Price Targets

Several analysts recently weighed in on BXP shares. Wells Fargo & Company cut their price target on shares of BXP from $78.00 to $77.00 and set an “overweight” rating on the stock in a report on Wednesday, August 27th. Morgan Stanley upped their price target on shares of BXP from $62.00 to $65.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 16th. Evercore ISI upped their target price on shares of BXP from $76.00 to $77.00 and gave the company an “in-line” rating in a research note on Monday, September 29th. UBS Group upped their price target on shares of BXP from $68.00 to $74.00 and gave the company a “neutral” rating in a research report on Tuesday, September 9th. Finally, Mizuho reduced their target price on shares of BXP from $86.00 to $82.00 and set an “outperform” rating for the company in a report on Monday, July 14th. Six investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, BXP presently has a consensus rating of “Hold” and an average target price of $77.88.

BXP Profile

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.