Vanguard Personalized Indexing Management LLC Has $1.34 Million Holdings in Boston Properties, Inc. (NYSE:BXP)

Vanguard Personalized Indexing Management LLC trimmed its holdings in shares of Boston Properties, Inc. (NYSE:BXPFree Report) by 37.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,109 shares of the real estate investment trust’s stock after selling 11,650 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Boston Properties were worth $1,341,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. McGlone Suttner Wealth Management Inc. bought a new stake in shares of Boston Properties during the fourth quarter worth $29,000. Sound Income Strategies LLC lifted its position in Boston Properties by 770.9% during the 4th quarter. Sound Income Strategies LLC now owns 479 shares of the real estate investment trust’s stock worth $34,000 after buying an additional 424 shares in the last quarter. Turtle Creek Wealth Advisors LLC bought a new stake in Boston Properties during the 4th quarter worth about $34,000. Cambridge Trust Co. increased its position in Boston Properties by 80.1% in the 4th quarter. Cambridge Trust Co. now owns 562 shares of the real estate investment trust’s stock valued at $39,000 after acquiring an additional 250 shares in the last quarter. Finally, Sentry Investment Management LLC bought a new position in shares of Boston Properties in the third quarter worth about $47,000. Institutional investors own 98.72% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on BXP shares. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Boston Properties in a research note on Tuesday, January 30th. They set a “hold” rating and a $74.00 price target on the stock. StockNews.com cut Boston Properties from a “hold” rating to a “sell” rating in a research note on Friday, May 3rd. Wedbush cut their price target on Boston Properties from $66.00 to $63.00 and set a “neutral” rating on the stock in a research note on Thursday, May 2nd. Truist Financial decreased their price target on Boston Properties from $77.00 to $75.00 and set a “hold” rating on the stock in a report on Tuesday, March 5th. Finally, BMO Capital Markets dropped their price objective on Boston Properties from $80.00 to $78.00 and set an “outperform” rating for the company in a report on Monday, April 8th. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $69.53.

View Our Latest Analysis on Boston Properties

Boston Properties Stock Down 0.7 %

Shares of NYSE:BXP opened at $63.20 on Friday. The company has a 50 day moving average price of $62.21 and a two-hundred day moving average price of $63.69. The company has a debt-to-equity ratio of 1.91, a quick ratio of 5.40 and a current ratio of 4.77. The company has a market capitalization of $9.93 billion, a PE ratio of 51.80, a PEG ratio of 0.24 and a beta of 1.15. Boston Properties, Inc. has a 52 week low of $46.80 and a 52 week high of $73.97.

Boston Properties (NYSE:BXPGet Free Report) last announced its quarterly earnings results on Wednesday, May 1st. The real estate investment trust reported $0.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.73 by ($1.22). The firm had revenue of $839.44 million during the quarter, compared to analyst estimates of $808.68 million. Boston Properties had a net margin of 5.81% and a return on equity of 2.35%. Boston Properties’s quarterly revenue was up 4.5% on a year-over-year basis. During the same period last year, the firm earned $1.73 EPS. Analysts forecast that Boston Properties, Inc. will post 7.07 earnings per share for the current year.

Boston Properties Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Thursday, March 28th were issued a $0.98 dividend. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $3.92 annualized dividend and a dividend yield of 6.20%. Boston Properties’s dividend payout ratio (DPR) is currently 321.31%.

Insider Transactions at Boston Properties

In related news, EVP Raymond A. Ritchey sold 14,150 shares of the business’s stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $62.84, for a total value of $889,186.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.35% of the stock is currently owned by insiders.

About Boston Properties

(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.

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

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