Boston PropertiesBXP
Market Cap: 11.1B
About: BXP Inc owns over 190 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 Q1 SEC filings by fund managers ($100M+ AUM)
55% more call options, than puts
Call options by funds: $164M | Put options by funds: $106M
33% more repeat investments, than reductions
Existing positions increased: 219 | Existing positions reduced: 165
1% more funds holding
Funds holding: 546 [Q4 2023] → 553 (+7) [Q1 2024]
9% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 75
7.58% less ownership
Funds ownership: 98.6% [Q4 2023] → 91.02% (-7.58%) [Q1 2024]
14% less capital invested
Capital invested by funds: $10.9B [Q4 2023] → $9.32B (-$1.55B) [Q1 2024]
29% less funds holding in top 10
Funds holding in top 10: 7 [Q4 2023] → 5 (-2) [Q1 2024]
Research analyst outlook
11 Wall Street Analysts provided 1 year price forecasts over the past 6 months
11 analyst ratings
Morgan Stanley Ronald Josey | 12%downside $62 | Equal-Weight Maintained | 20 Jun 2024 |
Truist Securities Michael Lewis | 5%downside $67 | Hold Maintained | 14 Jun 2024 |
Barclays Anthony Powell | 8%downside $65 | Equal-Weight Maintained | 24 May 2024 |
Evercore ISI Group Steve Sakwa | 2%downside $69 | Outperform Maintained | 6 May 2024 |
Wedbush Richard Anderson | 11%downside $63 | Neutral Maintained | 2 May 2024 |
Financial journalist opinion
Based on 13 articles about BXP published over the past 30 days