4,372 Shares in Boston Properties, Inc. (NYSE:BXP) Purchased by WINTON GROUP Ltd

WINTON GROUP Ltd purchased a new position in Boston Properties, Inc. (NYSE:BXP) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 4,372 shares of the real estate investment trust’s stock, valued at approximately $269,000.

Other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in Boston Properties by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 23,568,962 shares of the real estate investment trust’s stock worth $1,539,289,000 after acquiring an additional 122,583 shares during the period. Allspring Global Investments Holdings LLC boosted its position in Boston Properties by 3.8% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 4,502,079 shares of the real estate investment trust’s stock worth $294,031,000 after acquiring an additional 166,105 shares during the period. Earnest Partners LLC boosted its position in Boston Properties by 29.8% during the 1st quarter. Earnest Partners LLC now owns 2,094,625 shares of the real estate investment trust’s stock worth $136,800,000 after acquiring an additional 480,961 shares during the period. Goldman Sachs Group Inc. boosted its position in Boston Properties by 11.4% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,036,968 shares of the real estate investment trust’s stock worth $142,934,000 after acquiring an additional 209,141 shares during the period. Finally, Centersquare Investment Management LLC boosted its position in Boston Properties by 30.9% during the 4th quarter. Centersquare Investment Management LLC now owns 1,986,707 shares of the real estate investment trust’s stock worth $139,407,000 after acquiring an additional 468,950 shares during the period. Hedge funds and other institutional investors own 98.72% of the company’s stock.

Insider Buying and Selling

In related news, EVP Raymond A. Ritchey sold 21,835 shares of the business’s stock in a transaction that occurred on Monday, September 9th. The stock was sold at an average price of $74.25, for a total value of $1,621,248.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, EVP Raymond A. Ritchey sold 21,835 shares of the company’s stock in a transaction that occurred on Monday, September 9th. The stock was sold at an average price of $74.25, for a total transaction of $1,621,248.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Peter V. Otteni sold 4,785 shares of the company’s stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of $73.44, for a total value of $351,410.40. The disclosure for this sale can be found here. Corporate insiders own 1.35% of the company’s stock.

Analyst Ratings Changes

BXP has been the subject of a number of research reports. Barclays decreased their price objective on Boston Properties from $66.00 to $65.00 and set an “equal weight” rating for the company in a research report on Friday, May 24th. StockNews.com upgraded Boston Properties from a “sell” rating to a “hold” rating in a research report on Thursday, August 8th. Evercore ISI lifted their price target on Boston Properties from $77.00 to $84.00 and gave the company an “outperform” rating in a report on Monday. Morgan Stanley reiterated an “equal weight” rating and set a $62.00 price target on shares of Boston Properties in a report on Thursday, June 20th. Finally, Wells Fargo & Company lifted their price target on Boston Properties from $73.00 to $80.00 and gave the company an “overweight” rating in a report on Wednesday, September 11th. Eight research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $74.08.

Boston Properties Stock Up 1.1 %

BXP opened at $81.29 on Thursday. The business has a 50 day moving average price of $71.59 and a 200 day moving average price of $65.14. Boston Properties, Inc. has a twelve month low of $50.64 and a twelve month high of $83.38. The company has a debt-to-equity ratio of 1.90, a quick ratio of 4.83 and a current ratio of 4.83. The firm has a market cap of $12.77 billion, a P/E ratio of 66.63, a price-to-earnings-growth ratio of 0.35 and a beta of 1.18.

Boston Properties (NYSE:BXP) last posted its earnings results on Tuesday, July 30th. The real estate investment trust reported $0.51 earnings per share for the quarter, missing the consensus estimate of $1.72 by ($1.21). Boston Properties had a return on equity of 2.05% and a net margin of 5.01%. The company had revenue of $850.48 million during the quarter, compared to analyst estimates of $819.49 million. During the same quarter last year, the firm posted $1.86 earnings per share. The firm’s revenue for the quarter was up 4.1% compared to the same quarter last year. Research analysts forecast that Boston Properties, Inc. will post 7.11 EPS for the current year.

Boston Properties Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 31st. Investors of record on Monday, September 30th will be issued a $0.98 dividend. The ex-dividend date of this dividend is Monday, September 30th. This represents a $3.92 annualized dividend and a yield of 4.82%. Boston Properties’s dividend payout ratio (DPR) is currently 321.31%.

Boston Properties Company 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.