Boston PropertiesBXP
About: BXP Inc. owns over 180 properties consisting of approximately 53 million rentable square feet of space. The portfolio is dominated by office buildings and is spread across major cities such as New York, Boston, San Francisco, Los Angeles, Seattle, and the Washington, D.C., region. The real estate investment trust also owns limited retail, hotel, and residential properties.
Employees: 836
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
54% more call options, than puts
Call options by funds: $148M | Put options by funds: $96.5M
30% more repeat investments, than reductions
Existing positions increased: 233 | Existing positions reduced: 179
7.99% more ownership
Funds ownership: 92.48% [Q1] → 100.47% (+7.99%) [Q2]
3% more capital invested
Capital invested by funds: $9.47B [Q1] → $9.71B (+$240M) [Q2]
1% less funds holding
Funds holding: 563 [Q1] → 555 (-8) [Q2]
12% less first-time investments, than exits
New positions opened: 60 | Existing positions closed: 68
40% less funds holding in top 10
Funds holding in top 10: 5 [Q1] → 3 (-2) [Q2]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Evercore ISI Group Steve Sakwa 54% 1-year accuracy 30 / 56 met price target | 6%downside $84 | Outperform Maintained | 16 Sept 2024 |
Scotiabank Nicholas Yulico 63% 1-year accuracy 17 / 27 met price target | 8%downside $82 | Sector Outperform Maintained | 11 Sept 2024 |
Wells Fargo Blaine Heck 64% 1-year accuracy 7 / 11 met price target | 10%downside $80 | Overweight Maintained | 11 Sept 2024 |
Piper Sandler Alexander Goldfarb 67% 1-year accuracy 20 / 30 met price target | 12%downside $78 | Neutral Maintained | 3 Sept 2024 |
Evercore ISI Group Steve Sakwa 54% 1-year accuracy 30 / 56 met price target | 13%downside $77 | Outperform Maintained | 28 Aug 2024 |
Financial journalist opinion
Based on 9 articles about BXP published over the past 30 days