Weiss Multi-Strategy Advisers LLC Has Cut Its Boston Properties INC (BXP) Holding as Stock Value Declined

April 25, 2018 - By Richard Conner

Boston Properties, Inc. (NYSE:BXP) LogoInvestors sentiment decreased to 0.9 in Q4 2017. Its down 0.19, from 1.09 in 2017Q3. It is negative, as 26 investors sold BXP shares while 147 reduced holdings. 36 funds opened positions while 120 raised stakes. 144.36 million shares or 0.24% more from 144.01 million shares in 2017Q3 were reported. Mason Street Advsrs Ltd Llc has 0.06% invested in Boston Properties, Inc. (NYSE:BXP). Loring Wolcott And Coolidge Fiduciary Ltd Liability Partnership Ma reported 1,383 shares. Tiaa Cref Invest Mgmt Limited Liability Corp owns 945,255 shares. Cornerstone Hldg Limited Liability Corporation stated it has 101,609 shares. Lenox Wealth Advsr accumulated 13 shares. Tci Wealth Advsr stated it has 0% of its portfolio in Boston Properties, Inc. (NYSE:BXP). Bamco Incorporated, a New York-based fund reported 58,508 shares. St Johns Inv Co Ltd Llc invested in 0.61% or 6,370 shares. Balyasny Asset Mngmt stated it has 70,298 shares. Moreover, Amica Retiree Trust has 0.08% invested in Boston Properties, Inc. (NYSE:BXP). Citigroup Inc reported 218,402 shares or 0.02% of all its holdings. Victory Mgmt owns 0% invested in Boston Properties, Inc. (NYSE:BXP) for 3,615 shares. Gulf Retail Bank (Uk) Ltd holds 0.08% of its portfolio in Boston Properties, Inc. (NYSE:BXP) for 48,073 shares. Kayne Anderson Rudnick Mgmt Ltd Liability Corp has invested 0.02% in Boston Properties, Inc. (NYSE:BXP). Thrivent For Lutherans reported 0.04% stake.

Weiss Multi-Strategy Advisers Llc decreased its stake in Boston Properties Inc (BXP) by 36.14% based on its latest 2017Q4 regulatory filing with the SEC. Weiss Multi-Strategy Advisers Llc sold 149,705 shares as the company’s stock declined 5.08% with the market. The hedge fund held 264,556 shares of the consumer services company at the end of 2017Q4, valued at $34.40M, down from 414,261 at the end of the previous reported quarter. Weiss Multi-Strategy Advisers Llc who had been investing in Boston Properties Inc for a number of months, seems to be less bullish one the $20.07B market cap company. The stock decreased 0.98% or $1.16 during the last trading session, reaching $117.28. About 738,709 shares traded. Boston Properties, Inc. (NYSE:BXP) has declined 7.96% since April 25, 2017 and is downtrending. It has underperformed by 19.51% the S&P500.

Weiss Multi-Strategy Advisers Llc, which manages about $7.01B and $3.90B US Long portfolio, upped its stake in Validus Holdings Ltd (Call) (NYSE:VR) by 120,000 shares to 189,100 shares, valued at $8.87 million in 2017Q4, according to the filing. It also increased its holding in Hcp Inc (NYSE:HCP) by 201,092 shares in the quarter, for a total of 1.30 million shares, and has risen its stake in Facebook Inc (NASDAQ:FB).

Boston Properties, Inc. (NYSE:BXP) Ratings Coverage

Among 11 analysts covering Boston Properties (NYSE:BXP), 5 have Buy rating, 0 Sell and 6 Hold. Therefore 45% are positive. Boston Properties had 16 analyst reports since November 3, 2017 according to SRatingsIntel. The stock of Boston Properties, Inc. (NYSE:BXP) earned “Hold” rating by Jefferies on Tuesday, February 27. Robert W. Baird maintained Boston Properties, Inc. (NYSE:BXP) on Wednesday, January 31 with “Hold” rating. The firm has “Hold” rating by Robert W. Baird given on Monday, January 8. The stock of Boston Properties, Inc. (NYSE:BXP) earned “Hold” rating by BMO Capital Markets on Tuesday, January 9. The firm has “Neutral” rating by JP Morgan given on Tuesday, March 13. The firm has “Outperform” rating by Evercore given on Monday, March 5. On Monday, January 22 the stock rating was maintained by SunTrust with “Hold”. On Monday, February 26 the stock rating was maintained by Argus Research with “Buy”. Edward Jones upgraded the stock to “Buy” rating in Monday, February 5 report. The firm earned “Buy” rating on Thursday, February 15 by Bank of America.

Boston Properties, Inc. (NYSE:BXP) Institutional Positions Chart

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