Robeco Institutional Asset Management B.V. Decreases Holdings in Boston Properties, Inc. (BXP)

Robeco Institutional Asset Management B.V. lessened its stake in shares of Boston Properties, Inc. (NYSE:BXP) by 5.2% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 95,258 shares of the real estate investment trust’s stock after selling 5,200 shares during the quarter. Robeco Institutional Asset Management B.V. owned approximately 0.06% of Boston Properties worth $11,726,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Riverhead Capital Management LLC grew its stake in shares of Boston Properties by 7.3% during the second quarter. Riverhead Capital Management LLC now owns 5,723 shares of the real estate investment trust’s stock worth $718,000 after buying an additional 388 shares during the last quarter. Nomura Asset Management Co. Ltd. grew its stake in shares of Boston Properties by 0.4% during the second quarter. Nomura Asset Management Co. Ltd. now owns 116,946 shares of the real estate investment trust’s stock worth $14,668,000 after buying an additional 410 shares during the last quarter. Brown Advisory Inc. grew its stake in shares of Boston Properties by 4.4% during the first quarter. Brown Advisory Inc. now owns 10,259 shares of the real estate investment trust’s stock worth $1,264,000 after buying an additional 436 shares during the last quarter. Creative Planning grew its stake in shares of Boston Properties by 7.7% during the third quarter. Creative Planning now owns 6,253 shares of the real estate investment trust’s stock worth $770,000 after buying an additional 447 shares during the last quarter. Finally, Hamel Associates Inc. grew its stake in shares of Boston Properties by 3.2% during the third quarter. Hamel Associates Inc. now owns 17,875 shares of the real estate investment trust’s stock worth $2,200,000 after buying an additional 550 shares during the last quarter. 94.36% of the stock is currently owned by hedge funds and other institutional investors.

BXP has been the topic of a number of research reports. TheStreet raised shares of Boston Properties from a “c+” rating to a “b-” rating in a research note on Friday, August 3rd. Jefferies Financial Group raised shares of Boston Properties from a “hold” rating to a “buy” rating and set a $139.00 target price on the stock in a research note on Monday, October 15th. Barclays reaffirmed a “buy” rating and set a $125.00 target price on shares of Boston Properties in a research note on Sunday, October 14th. SunTrust Banks boosted their target price on shares of Boston Properties to $137.00 and gave the stock a “hold” rating in a research note on Monday, August 20th. Finally, Stifel Nicolaus boosted their target price on shares of Boston Properties from $130.00 to $135.00 and gave the stock a “hold” rating in a research note on Thursday, August 2nd. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and eight have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $133.69.

Shares of NYSE:BXP opened at $119.92 on Friday. The firm has a market cap of $18.06 billion, a PE ratio of 18.87, a price-to-earnings-growth ratio of 3.07 and a beta of 0.55. The company has a current ratio of 4.02, a quick ratio of 4.02 and a debt-to-equity ratio of 1.34. Boston Properties, Inc. has a 52 week low of $111.57 and a 52 week high of $132.82.

Boston Properties (NYSE:BXP) last issued its quarterly earnings results on Tuesday, October 30th. The real estate investment trust reported $0.77 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.05. The company had revenue of $686.28 million for the quarter, compared to analyst estimates of $674.30 million. Boston Properties had a net margin of 20.18% and a return on equity of 6.76%. Boston Properties’s revenue was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.76 earnings per share. Equities analysts anticipate that Boston Properties, Inc. will post 6.38 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 31st. Stockholders of record on Friday, September 28th were issued a dividend of $0.80 per share. The ex-dividend date of this dividend was Thursday, September 27th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 2.67%.

Boston Properties Profile

Boston Properties is a fully integrated real estate company, organized as a real estate investment trust, that develops, redevelops, acquires, manages, operates and owns a diverse portfolio of primarily Class A office space totaling 50.2 million square feet and consisting of 166 office properties (including nine properties under construction), six residential properties (including three properties under construction), five retail properties and one hotel.

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

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