Cbre Investment Management Listed Real Assets LLC Purchases 18,900 Shares of Boston Properties, Inc. (NYSE:BXP)

Cbre Investment Management Listed Real Assets LLC increased its position in Boston Properties, Inc. (NYSE:BXP - Free Report) by 12.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 170,504 shares of the real estate investment trust's stock after purchasing an additional 18,900 shares during the quarter. Cbre Investment Management Listed Real Assets LLC owned approximately 0.11% of Boston Properties worth $12,679,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Van ECK Associates Corp lifted its stake in shares of Boston Properties by 1.7% in the 4th quarter. Van ECK Associates Corp now owns 70,444 shares of the real estate investment trust's stock valued at $5,238,000 after purchasing an additional 1,169 shares during the period. Toronto Dominion Bank increased its position in Boston Properties by 15.7% during the 3rd quarter. Toronto Dominion Bank now owns 49,293 shares of the real estate investment trust's stock valued at $3,966,000 after buying an additional 6,687 shares in the last quarter. Crossmark Global Holdings Inc. increased its position in Boston Properties by 1.8% during the 4th 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. E. Ohman J or Asset Management AB increased its position in Boston Properties by 32.0% during the 4th quarter. E. Ohman J or Asset Management AB now owns 6,600 shares of the real estate investment trust's stock valued at $491,000 after buying an additional 1,600 shares in the last quarter. Finally, Kentucky Retirement Systems Insurance Trust Fund increased its position in Boston Properties by 25.8% during the 4th quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 5,414 shares of the real estate investment trust's stock valued at $403,000 after buying an additional 1,112 shares in the last quarter. Hedge funds and other institutional investors own 98.72% of the company's stock.

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Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. Mizuho reduced their price objective on Boston Properties from $92.00 to $86.00 and set an "outperform" rating for the company in a research report on Tuesday, January 7th. Wedbush lowered Boston Properties from a "hold" rating to a "strong sell" rating in a research report on Thursday, January 30th. Jefferies Financial Group reduced their price objective on Boston Properties from $93.00 to $84.00 and set a "buy" rating for the company in a research report on Thursday, January 2nd. Piper Sandler reduced their target price on Boston Properties from $105.00 to $100.00 and set an "overweight" rating for the company in a report on Thursday, January 30th. Finally, Barclays lifted their target price on Boston Properties from $88.00 to $89.00 and gave the stock an "equal weight" rating in a report on Monday, November 18th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $82.08.

Boston Properties Stock Performance

NYSE:BXP traded up $2.34 during mid-day trading on Friday, hitting $69.01. 1,357,767 shares of the company traded hands, compared to its average volume of 1,305,827. The stock's fifty day moving average price is $71.27 and its 200-day moving average price is $76.89. Boston Properties, Inc. has a one year low of $56.46 and a one year high of $90.11. The company has a quick ratio of 5.51, a current ratio of 5.69 and a debt-to-equity ratio of 2.09. The firm has a market cap of $10.92 billion, a price-to-earnings ratio of 690.18, a price-to-earnings-growth ratio of 0.91 and a beta of 1.19.

Boston Properties (NYSE:BXP - Get Free Report) last released its quarterly earnings results on Tuesday, January 28th. The real estate investment trust reported $1.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $1.28. Boston Properties had a return on equity of 3.90% and a net margin of 0.38%. Research analysts anticipate that Boston Properties, Inc. will post 6.91 earnings per share for the current fiscal year.

Boston Properties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 30th. Shareholders of record on Tuesday, December 31st were issued a dividend of $0.98 per share. This represents a $3.92 annualized dividend and a yield of 5.68%. The ex-dividend date of this dividend was Tuesday, December 31st. Boston Properties's dividend payout ratio is presently 3,920.00%.

Insider Buying and Selling at Boston Properties

In other news, EVP Donna D. Garesche sold 2,143 shares of the company's stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $67.87, for a total value of $145,445.41. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Hilary J. Spann sold 12,379 shares of the company's stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $72.02, for a total value of $891,535.58. Following the completion of the transaction, the executive vice president now directly owns 7,271 shares of the company's stock, valued at approximately $523,657.42. This trade represents a 63.00 % decrease in their position. The disclosure for this sale can be found here. 1.35% of the stock is currently owned by corporate insiders.

Boston Properties 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.