Community Bank of Raymore Has $246,000 Position in Boston Properties, Inc. (NYSE:BXP)

Community Bank of Raymore held its position in Boston Properties, Inc. (NYSE:BXP) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,000 shares of the real estate investment trust’s stock at the end of the second quarter. Community Bank of Raymore’s holdings in Boston Properties were worth $246,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Spirit of America Management Corp NY increased its position in Boston Properties by 6.1% in the second quarter. Spirit of America Management Corp NY now owns 24,250 shares of the real estate investment trust’s stock valued at $2,983,000 after buying an additional 1,400 shares during the last quarter. LS Investment Advisors LLC increased its position in Boston Properties by 3.8% in the second quarter. LS Investment Advisors LLC now owns 4,974 shares of the real estate investment trust’s stock valued at $612,000 after buying an additional 180 shares during the last quarter. Eqis Capital Management Inc. increased its position in Boston Properties by 4.5% in the second quarter. Eqis Capital Management Inc. now owns 7,411 shares of the real estate investment trust’s stock valued at $912,000 after buying an additional 319 shares during the last quarter. Mn Services Vermogensbeheer B.V. increased its position in Boston Properties by 509.1% in the second quarter. Mn Services Vermogensbeheer B.V. now owns 24,981 shares of the real estate investment trust’s stock valued at $3,073,000 after buying an additional 20,880 shares during the last quarter. Finally, National Pension Service increased its position in Boston Properties by 10.3% in the second quarter. National Pension Service now owns 147,429 shares of the real estate investment trust’s stock valued at $18,160,000 after buying an additional 13,730 shares during the last quarter. 94.52% of the stock is owned by hedge funds and other institutional investors.

Boston Properties, Inc. (NYSE:BXP) traded down 1.01% during midday trading on Friday, hitting $120.05. The stock had a trading volume of 564,776 shares. Boston Properties, Inc. has a one year low of $113.69 and a one year high of $143.94. The firm has a 50 day moving average price of $121.48 and a 200 day moving average price of $127.72. The stock has a market cap of $18.53 billion, a PE ratio of 40.69 and a beta of 0.64.

Boston Properties (NYSE:BXP) last posted its quarterly earnings results on Tuesday, August 1st. The real estate investment trust reported $1.67 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.62 by $0.05. Boston Properties had a net margin of 18.18% and a return on equity of 5.98%. The business had revenue of $656.90 million for the quarter, compared to the consensus estimate of $645.96 million. During the same period in the prior year, the business posted $1.44 earnings per share. Boston Properties’s revenue for the quarter was up 5.4% compared to the same quarter last year. Equities analysts expect that Boston Properties, Inc. will post $2.78 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Monday, July 31st. Stockholders of record on Friday, June 30th were paid a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.50%. The ex-dividend date of this dividend was Wednesday, June 28th. Boston Properties’s dividend payout ratio (DPR) is presently 102.04%.

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Several equities analysts have weighed in on BXP shares. Barclays PLC raised their price target on Boston Properties from $139.00 to $141.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 19th. Evercore ISI reissued an “in-line” rating and set a $133.00 price target (down previously from $138.00) on shares of Boston Properties in a research report on Friday, April 28th. TheStreet downgraded Boston Properties from a “b-” rating to a “c” rating in a research report on Wednesday, May 17th. BidaskClub raised Boston Properties from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 10th. Finally, Goldman Sachs Group, Inc. (The) reissued a “neutral” rating and set a $127.00 price target on shares of Boston Properties in a research report on Thursday, June 22nd. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $135.64.

Boston Properties Company Profile

Boston Properties, Inc is a real estate investment trust. The Company is an owner and developer of office properties in the United States. Its segments by geographic area are Boston, New York, San Francisco and Washington, DC. Its segments by property type include Office, Residential and Hotel. As of December 31, 2016, the Company owned or had interests in 174 commercial real estate properties, aggregating approximately 47.7 million net rentable square feet of primarily Class A office properties, including eight properties under construction/redevelopment totaling approximately 4.0 million net rentable square feet.

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

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