Saul Centers, Inc. (BFS) Insider James Page Lansdale Sells 11,027 Shares
Saul Centers, Inc. (NYSE:BFS) insider James Page Lansdale sold 11,027 shares of the firm’s stock in a transaction dated Monday, December 4th. The shares were sold at an average price of $64.06, for a total value of $706,389.62. Following the completion of the sale, the insider now directly owns 11,627 shares in the company, valued at $744,825.62. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
Saul Centers, Inc. (BFS) traded down $1.53 during mid-day trading on Wednesday, reaching $62.46. The company had a trading volume of 26,100 shares, compared to its average volume of 33,769. Saul Centers, Inc. has a fifty-two week low of $55.86 and a fifty-two week high of $68.33. The firm has a market capitalization of $1,401.38, a P/E ratio of 20.31, a PEG ratio of 3.97 and a beta of 0.72. The company has a current ratio of 2.68, a quick ratio of 2.68 and a debt-to-equity ratio of 4.62.
Hedge funds have recently added to or reduced their stakes in the stock. State of Alaska Department of Revenue grew its position in Saul Centers by 79.3% during the second quarter. State of Alaska Department of Revenue now owns 2,331 shares of the real estate investment trust’s stock worth $135,000 after buying an additional 1,031 shares in the last quarter. Municipal Employees Retirement System of Michigan grew its position in Saul Centers by 4.9% during the second quarter. Municipal Employees Retirement System of Michigan now owns 2,780 shares of the real estate investment trust’s stock worth $161,000 after buying an additional 130 shares in the last quarter. SG Americas Securities LLC acquired a new stake in Saul Centers during the third quarter worth about $163,000. QS Investors LLC grew its position in Saul Centers by 400.0% during the second quarter. QS Investors LLC now owns 3,500 shares of the real estate investment trust’s stock worth $203,000 after buying an additional 2,800 shares in the last quarter. Finally, Crossmark Global Holdings Inc. acquired a new stake in Saul Centers during the third quarter worth about $209,000. 45.48% of the stock is currently owned by institutional investors and hedge funds.
Several equities research analysts have recently issued reports on the company. Raymond James Financial reaffirmed a “hold” rating on shares of Saul Centers in a research report on Monday. Zacks Investment Research downgraded Saul Centers from a “hold” rating to a “sell” rating in a research report on Thursday, August 10th. Finally, BidaskClub raised Saul Centers from a “sell” rating to a “hold” rating in a research report on Wednesday, August 9th.
Saul Centers Company Profile
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.
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