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CEO of Boston Properties Inc. Owen D. Thomas Bought 9,002 Shares

June 19, 2013 | About:
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alicet236

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Boston Properties Inc. is a Delaware corporation, which was organized in 1997. Boston Properties Inc. has a market cap of $16.63 billion; its shares were traded at around $109.58 with a P/E ratio of 70.70 and P/S ratio of 8.70. The dividend yield of Boston Properties Inc. stocks is 2.20%. Boston Properties Inc. had an annual average earnings growth of 4.1% over the past 10 years.

On June 18, 2013, CEO of Boston Properties Inc. (BXP) Owen D. Thomas bought 9,002 shares at an average price of $111.1. The total transaction amount was $1,000,122.

Owen D. Thomas has served at Boston Properties as CEO and director since April 2, 2013. He previously served at Lehman Brothers Holdings Inc. (LBHI) as chairman of the board of directors and continues to work as a member of the board. Mr. Thomas has also worked at Morgan Stanley, holding several positions.

Senior Vice President Robert E. Selsam, Senior Vice President Frank D. Burt, Senior Vice President Robert E. Pester and President Douglas T. Linde together sold 51,210 shares of BXP stock in March and May.

One Guru, Ray Dalio, initiated his position in BXP. He owns 110,815 shares as of March 31, 2013. Chris Davis, who owns 199,776 shares, increased his position in BXP, whereas GuruFocus Guru Scott Black, who owns 45,740 shares, kept his position in the company unchanged or slightly adjusted.

Boston Properties Inc. reported their 2013 first quarter financial results. The company reported revenues of $483.01 million and net income of $57.9 million.


Rating: 5.0/5 (1 vote)

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