Saul Centers, Inc. (NYSE:BFS) insider Christopher Netter sold 4,000 shares of the business’s stock in a transaction that occurred on Monday, October 9th. The stock was sold at an average price of $63.31, for a total value of $253,240.00. The sale was disclosed in a filing with the SEC, which is available through this link.

Christopher Netter also recently made the following trade(s):

  • On Wednesday, October 4th, Christopher Netter sold 1,000 shares of Saul Centers stock. The stock was sold at an average price of $63.47, for a total value of $63,470.00.

Saul Centers, Inc. (BFS) opened at 63.66 on Wednesday. The company has a market capitalization of $1.39 billion, a price-to-earnings ratio of 40.27 and a beta of 0.72. The stock has a 50 day moving average price of $61.65 and a 200 day moving average price of $60.34. Saul Centers, Inc. has a 12-month low of $55.86 and a 12-month high of $68.33.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 31st. Investors of record on Tuesday, October 17th will be given a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a dividend yield of 3.20%. The ex-dividend date of this dividend is Monday, October 16th. Saul Centers’s dividend payout ratio (DPR) is currently 129.11%.

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Several institutional investors and hedge funds have recently made changes to their positions in the stock. Prudential Financial Inc. increased its position in shares of Saul Centers by 0.3% during the second quarter. Prudential Financial Inc. now owns 21,878 shares of the real estate investment trust’s stock valued at $1,268,000 after acquiring an additional 58 shares in the last quarter. Arizona State Retirement System grew its position in Saul Centers by 1.6% in the 2nd quarter. Arizona State Retirement System now owns 6,206 shares of the real estate investment trust’s stock worth $360,000 after purchasing an additional 100 shares during the period. Texas Permanent School Fund grew its position in Saul Centers by 1.3% in the 2nd quarter. Texas Permanent School Fund now owns 8,633 shares of the real estate investment trust’s stock worth $501,000 after purchasing an additional 110 shares during the period. Municipal Employees Retirement System of Michigan grew its position in Saul Centers by 4.9% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 2,780 shares of the real estate investment trust’s stock worth $161,000 after purchasing an additional 130 shares during the period. Finally, BNP Paribas Arbitrage SA grew its position in Saul Centers by 2.2% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 7,403 shares of the real estate investment trust’s stock worth $429,000 after purchasing an additional 160 shares during the period. 45.16% of the stock is owned by institutional investors.

BFS has been the subject of several recent analyst reports. BidaskClub raised Saul Centers from a “sell” rating to a “hold” rating in a report on Wednesday, June 14th. Zacks Investment Research raised Saul Centers from a “sell” rating to a “hold” rating in a report on Wednesday, July 26th. Finally, BMO Capital Markets raised Saul Centers from a “market perform” rating to an “outperform” rating in a report on Monday, August 7th.

About Saul Centers

Saul Centers, Inc operates as a real estate investment trust. The Company’s principal business activity is the ownership, management and development of income-producing properties. It operates through two segments: Shopping Centers and Mixed-Use Properties. The Company, which conducts all of its activities through its subsidiaries, the Saul Holdings Limited Partnership (Operating Partnership) and Subsidiary Partnerships, engages in the ownership, operation, management, leasing, acquisition, renovation, expansion, development and financing of community and neighborhood shopping centers and mixed-used properties in the Washington, District of Columbia/Baltimore metropolitan area.

Insider Buying and Selling by Quarter for Saul Centers (NYSE:BFS)

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