5 hours Ago By Defense World Staff
Boston Properties ( NYSE:BXP – Free Report ) had its price target reduced by Piper Sandler from $105.00 to $100.00 in a research report released on Thursday, Benzinga reports.
They currently have an overweight rating on the real estate investment trust’s stock. A number of other brokerages have also issued reports on BXP. Truist Financial boosted their target price on Boston Properties from $77.
00 to $83.00 and gave the company a “hold” rating in a research report on Wednesday, December 4th. StockNews.
com cut shares of Boston Properties from a “hold” rating to a “sell” rating in a research note on Thursday, October 31st. Barclays upped their target price on shares of Boston Properties from $88.00 to $89.
00 and gave the stock an “equal weight” rating in a research report on Monday, November 18th. Jefferies Financial Group dropped their price objective on shares of Boston Properties from $93.00 to $84.
00 and set a “buy” rating for the company in a research note on Thursday, January 2nd. Finally, UBS Group boosted their price target on Boston Properties from $64.00 to $80.
00 and gave the company a “neutral” rating in a report on Tuesday, November 5th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, Boston Properties currently has a consensus rating of “Hold” and an average target price of $82.
23. Read Our Latest Stock Analysis on BXP Boston Properties Stock Up 1.0 % Boston Properties ( NYSE:BXP – Get Free Report ) last issued its earnings results on Tuesday, January 28th.
The real estate investment trust reported $1.79 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $1.
28. Boston Properties had a net margin of 0.38% and a return on equity of 3.
86%. As a group, analysts forecast that Boston Properties will post 6.86 earnings per share for the current fiscal year.
Boston Properties Dividend Announcement The firm also recently announced a quarterly dividend, which was paid on Thursday, January 30th. Stockholders of record on Tuesday, December 31st were paid a dividend of $0.98 per share.
The ex-dividend date was Tuesday, December 31st. This represents a $3.92 annualized dividend and a dividend yield of 5.
36%. Boston Properties’s dividend payout ratio is presently 3,920.00%.
Institutional Inflows and Outflows Several hedge funds have recently added to or reduced their stakes in BXP. Brooklyn Investment Group lifted its stake in Boston Properties by 19.8% in the fourth quarter.
Brooklyn Investment Group now owns 858 shares of the real estate investment trust’s stock valued at $64,000 after buying an additional 142 shares during the last quarter. Crossmark Global Holdings Inc. lifted its stake in Boston Properties by 1.
8% during the fourth quarter. Crossmark Global Holdings Inc. now owns 8,731 shares of the real estate investment trust’s stock valued at $650,000 after buying an additional 156 shares in the last quarter.
Point72 Asia Singapore Pte. Ltd. boosted its holdings in shares of Boston Properties by 212.
1% during the second quarter. Point72 Asia Singapore Pte. Ltd.
now owns 568 shares of the real estate investment trust’s stock worth $35,000 after purchasing an additional 386 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of Boston Properties by 61.
4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,438 shares of the real estate investment trust’s stock valued at $89,000 after purchasing an additional 547 shares during the last quarter.
Finally, Sound Income Strategies LLC increased its stake in Boston Properties by 18.4% during the fourth quarter. Sound Income Strategies LLC now owns 3,800 shares of the real estate investment trust’s stock valued at $283,000 after acquiring an additional 590 shares during the period.
98.72% of the stock is owned by institutional investors and hedge funds. Boston Properties Company Profile ( Get Free Report ) 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. See Also Five stocks we like better than Boston Properties Low PE Growth Stocks: Unlocking Investment Opportunities ServiceNow Stock Slips, But AI Expansion Signals Long-Term Gains Are Penny Stocks a Good Fit for Your Portfolio? Microsoft and Meta’s AI Investment Plans Are Full Steam Ahead What is Forex and How Does it Work? Beyond Self-Driving Cars: Factory Automation Takes Center Stage Receive News & Ratings for Boston Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boston Properties and related companies with MarketBeat.com's FREE daily email newsletter .
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