Saul Centers, Inc. (NYSE:BFS) insider Christopher Netter sold 1,000 shares of the stock in a transaction on Wednesday, October 4th. The stock was sold at an average price of $63.47, for a total value of $63,470.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Saul Centers, Inc. (NYSE BFS) traded down 0.02% during midday trading on Thursday, hitting $63.23. The company had a trading volume of 42,180 shares. Saul Centers, Inc. has a 52 week low of $55.86 and a 52 week high of $68.33. The stock has a market capitalization of $1.38 billion, a PE ratio of 39.99 and a beta of 0.72. The stock has a 50 day moving average price of $61.08 and a 200-day moving average price of $60.31.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 31st. Investors of record on Tuesday, October 17th will be paid a dividend of $0.51 per share. The ex-dividend date of this dividend is Monday, October 16th. This represents a $2.04 annualized dividend and a yield of 3.23%. Saul Centers’s dividend payout ratio (DPR) is 129.11%.

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A number of hedge funds have recently made changes to their positions in BFS. Great West Life Assurance Co. Can grew its stake in Saul Centers by 14.5% during the 1st quarter. Great West Life Assurance Co. Can now owns 23,979 shares of the real estate investment trust’s stock worth $1,476,000 after buying an additional 3,030 shares during the last quarter. Bank of New York Mellon Corp grew its stake in Saul Centers by 4.4% during the 1st quarter. Bank of New York Mellon Corp now owns 188,263 shares of the real estate investment trust’s stock worth $11,600,000 after buying an additional 7,998 shares during the last quarter. BNP Paribas Arbitrage SA grew its stake in Saul Centers by 12.9% during the 1st quarter. BNP Paribas Arbitrage SA now owns 7,243 shares of the real estate investment trust’s stock worth $446,000 after buying an additional 827 shares during the last quarter. Comerica Bank grew its stake in Saul Centers by 3.9% during the 1st quarter. Comerica Bank now owns 12,901 shares of the real estate investment trust’s stock worth $810,000 after buying an additional 487 shares during the last quarter. Finally, UBS Asset Management Americas Inc. grew its stake in Saul Centers by 15.8% during the 1st quarter. UBS Asset Management Americas Inc. now owns 16,619 shares of the real estate investment trust’s stock worth $1,024,000 after buying an additional 2,269 shares during the last quarter. Hedge funds and other institutional investors own 45.16% of the company’s stock.

Several research firms recently commented on BFS. Zacks Investment Research raised Saul Centers from a “sell” rating to a “hold” rating in a research report on Tuesday, September 12th. BidaskClub raised Saul Centers from a “sell” rating to a “hold” rating in a research report on Wednesday, August 9th. Finally, BMO Capital Markets raised Saul Centers from a “market perform” rating to an “outperform” rating in a research report on Monday, August 7th.

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.

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

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