Shares of Boston Properties (NYSE:BXP) Sees Large Inflow of Net Money Flow

Boston Properties (NYSE:BXP) witnessed a selling pressure and the shares last traded with a loss of -1.11 points or -0.87% at $127.12. Investors jumped in to buy the shares on weakness. The net money flow till latest update was calculated at $9.02 million with an inflow of $33.34 million in upticks and an outflow of $24.32 million in downticks. Using the data, the up/down ratio is found to be 1.37. The share price has recorded -0.52% on a weekly basis.A block trade of $10.57 million in uptick and $2.71 million in downtick was also observed, resulting in an up/down ratio of 3.9. The net money flow of the block trade stood at a $7.86, signaling heavy buying.


Currently the company Insiders own 6.17% of Boston Properties shares according to the proxy statements. Institutional Investors own 98.19% of Boston Properties shares. On the companys insider trading activities, Klein Joel, director of Boston Properties Inc, unloaded 910 shares at an average price of $126.28 on June 1, 2016. The total amount of the transaction was worth $114,915, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Boston Properties (NYSE:BXP) stock ended Monday session in the red zone in a volatile trading. The stock closed down 1.11 points or 0.87% at $127.12 with 997,247 shares getting traded. Post opening the session at $128.51, the shares hit an intraday low of $126.85 and an intraday high of $129.605 and the price was in this range throughout the day. The company has a market cap of $19,527 million and the number of outstanding shares have been calculated to be 153,611,330 shares. The 52-week high of Boston Properties (NYSE:BXP) is $133.59 and the 52-week low is $94.91.

Many analysts have stated their opinion on the company shares. In a research note released to the investors, SunTrust Robinson Humphrey maintains its rating on Boston Properties (NYSE:BXP).The analysts at the brokerage house have a current rating of Neutral on the shares. In a recent information released to the investors, SunTrust Robinson Humphrey raises the new price target from $121 per share to $134 per share. The rating by the firm was issued on May 12, 2016.

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 Companys 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.

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