Sei Investments Co. increased its holdings in
Boston Properties (BXP). Financial experts have mixed advice on whether or not to retain BXP stocks. BXP outperformed Q2 Earnings Estimates despite a minor dip in leasing occupancy. Recently, Boston Properties changed its name to reflect a more national focus. The company concluded a stake sale in Kendall Square and bet on the office flight to quality.
American Century Companies Inc. sold a large number of BXP shares while
XTX Topco Ltd made a new investment in BXP. The company's shares have seen positive action on the stock market, even reaching a new 1-year high after an analyst upgrade. BXP's interest in the East Coast market aids leasing activity and the company has completed sales of significant interests in properties. Despite the positive outlook, underlying concerns about
vacancy rates remain. BXP has made several key decisions that show positive signs of the office market.
Piper Sandler has retained its neutral rating for BXP while stock holdings for BXP were boosted by Raymond James & Associates. The company has also signed a deal with MassDOT for Back Bay Tower Development. Key metrics indicate strong Q2 earnings for BXP even as leasing activity strengthens.
Boston Properties BXP News Analytics from Thu, 05 Mar 2020 08:00:00 GMT to Sun, 22 Sep 2024 10:59:14 GMT -
Rating 6
- Innovation 4
- Information 7
- Rumor 2
