Boston Properties (NYSE:BXP) had declared a cash dividend of $0.6500 on Jun 16, 2016. The shares will quote ex-dividend on Jun 28, 2016 and the record date has been fixed for Jun 30, 2016. On Jun 16, 2016 share price, the yield comes out to be 2.0523%. The dividend payable date has been fixed on Jul 29, 2016.
In a different note, On May 12, 2016, SunTrust Robinson Humphrey said it Maintains its rating on Boston Properties. In the research note, the firm Raises the price-target to $121.00 per share. The shares have been rated ‘Neutral’ by the firm. On May 5, 2016, Argus Research said it Maintains its rating on Boston Properties. In the research note, the firm Raises the price-target to $137.00 per share. The shares have been rated ‘Buy’ by the firm. On May 4, 2016, Citigroup said it Maintains its rating on Boston Properties. In the research note, the firm Raises the price-target to $127.00 per share. The shares have been rated ‘Buy’ by the firm.
Boston Properties (BXP) made into the market gainers list on Tuesdays trading session with the shares advancing 0.58% or 0.74 points. Due to strong positive momentum, the stock ended at $127.59, which is also near the day’s high of $128.43. The stock began the session at $127.58 and the volume stood at 5,38,037 shares. The 52-week high of the shares is $133.59 and the 52 week low is $94.91. The company has a current market capitalization of $19,599 M and it has 15,36,11,330 shares in outstanding.
Boston Properties(BXP) last announced its earnings results on Apr 26, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $665.99M. Analysts had an estimated revenue of $647.58M. Earnings per share were $1.63. Analysts had estimated an EPS of $1.58.
Several Insider Transactions has been reported to the SEC. On Jun 14, 2016, Raymond A Ritchey (Senior EVP) sold 35,000 shares at $127.14 per share price.Also, On Jun 14, 2016, Karen E Dykstra (director) purchased 1,500 shares at $126.49 per share price.On Jun 13, 2016, Peter D Johnston (Executive Vice President) sold 5,416 shares at $128.66 per share price, according to the Form-4 filing with the securities and exchange commission.
Boston Properties Inc. is a fully integrated self-administered and self-managed real estate investment trust (REIT). The Company is engaged in owning and developing office properties in the United States. The Company’s properties are concentrated in four markets: Boston New York San Francisco and Washington DC. The Company conducts all of its business through its subsidiary Boston Properties Limited Partnership. The Company considers office/technical properties to be properties that support office research and development laboratory and other technical uses. The Company is also engaged in providing resources in acquisitions development financing capital markets construction management property management marketing leasing accounting risk management tax and legal services.