GSA Capital Partners LLP Has $780,000 Stock Position in Saul Centers, Inc. $BFS

GSA Capital Partners LLP lowered its holdings in shares of Saul Centers, Inc. (NYSE:BFS) by 41.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 24,472 shares of the real estate investment trust’s stock after selling 17,241 shares during the quarter. GSA Capital Partners LLP’s holdings in Saul Centers were worth $780,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently bought and sold shares of BFS. Hantz Financial Services Inc. increased its position in Saul Centers by 853.2% during the second quarter. Hantz Financial Services Inc. now owns 734 shares of the real estate investment trust’s stock worth $25,000 after buying an additional 657 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Saul Centers during the 2nd quarter worth about $27,000. CWM LLC increased its holdings in shares of Saul Centers by 105.3% during the 2nd quarter. CWM LLC now owns 848 shares of the real estate investment trust’s stock valued at $29,000 after acquiring an additional 435 shares during the last quarter. Atlantic Union Bankshares Corp bought a new position in shares of Saul Centers in the 2nd quarter valued at approximately $69,000. Finally, Strs Ohio acquired a new stake in Saul Centers in the 1st quarter worth approximately $76,000. 49.99% of the stock is currently owned by institutional investors.

Saul Centers Price Performance

Shares of Saul Centers stock opened at $34.85 on Friday. Saul Centers, Inc. has a fifty-two week low of $29.16 and a fifty-two week high of $37.88. The company has a market cap of $850.74 million, a PE ratio of 30.05 and a beta of 1.03. The firm has a fifty day moving average price of $32.48 and a two-hundred day moving average price of $31.82. The company has a debt-to-equity ratio of 5.29, a current ratio of 1.51 and a quick ratio of 1.51.

Saul Centers Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Thursday, January 15th were paid a dividend of $0.59 per share. The ex-dividend date was Thursday, January 15th. This represents a $2.36 dividend on an annualized basis and a yield of 6.8%. Saul Centers’s payout ratio is currently 203.45%.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Saul Centers in a research report on Wednesday, January 21st. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Saul Centers has a consensus rating of “Hold”.

Saul Centers Profile

Saul Centers, Inc is a publicly traded real estate investment trust (REIT) that specializes in the ownership, development and management of retail properties. The company’s portfolio is focused on grocery-anchored and necessity-based shopping centers, providing stable, long-term cash flows through leasing arrangements with national and regional retailers. In addition to ground-up development, Saul Centers actively pursues redevelopment and adaptive reuse projects to enhance value in existing assets.

Founded by the Saul family in 1945, Saul Centers has grown from a local real estate development firm into a listed REIT while maintaining its headquarters in Bethesda, Maryland.