6,252 Shares in Saul Centers, Inc. (NYSE:BFS) Acquired by SG Americas Securities LLC

SG Americas Securities LLC purchased a new position in Saul Centers, Inc. (NYSE:BFS) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 6,252 shares of the real estate investment trust’s stock, valued at approximately $262,000.

A number of other large investors also recently added to or reduced their stakes in BFS. Quadrature Capital Ltd lifted its holdings in Saul Centers by 34.7% in the 4th quarter. Quadrature Capital Ltd now owns 9,132 shares of the real estate investment trust’s stock worth $359,000 after purchasing an additional 2,355 shares in the last quarter. BNP Paribas Financial Markets lifted its holdings in Saul Centers by 12.2% in the 1st quarter. BNP Paribas Financial Markets now owns 11,283 shares of the real estate investment trust’s stock worth $434,000 after purchasing an additional 1,230 shares in the last quarter. Susquehanna Fundamental Investments LLC purchased a new position in Saul Centers in the 1st quarter worth approximately $224,000. Russell Investments Group Ltd. lifted its holdings in Saul Centers by 35.2% in the 1st quarter. Russell Investments Group Ltd. now owns 14,035 shares of the real estate investment trust’s stock worth $540,000 after purchasing an additional 3,651 shares in the last quarter. Finally, SageView Advisory Group LLC purchased a new stake in shares of Saul Centers during the 1st quarter worth approximately $297,000. 49.99% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, B. Riley upped their price objective on Saul Centers from $43.50 to $45.50 and gave the stock a “buy” rating in a report on Thursday, August 22nd.

Saul Centers Stock Up 0.8 %

Shares of BFS opened at $40.65 on Monday. The stock has a market capitalization of $974.87 million, a price-to-earnings ratio of 23.50 and a beta of 1.10. Saul Centers, Inc. has a 1 year low of $33.56 and a 1 year high of $42.19. The business’s 50 day simple moving average is $40.41 and its 200-day simple moving average is $38.23. The company has a debt-to-equity ratio of 4.40, a current ratio of 0.83 and a quick ratio of 0.83.

Saul Centers (NYSE:BFS) last issued its quarterly earnings data on Thursday, August 1st. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.77 by ($0.29). The firm had revenue of $66.94 million for the quarter, compared to analysts’ expectations of $65.54 million. Saul Centers had a return on equity of 16.61% and a net margin of 20.49%. As a group, equities analysts expect that Saul Centers, Inc. will post 3.12 earnings per share for the current fiscal year.

Saul Centers Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, October 15th will be issued a dividend of $0.59 per share. The ex-dividend date of this dividend is Tuesday, October 15th. This represents a $2.36 annualized dividend and a yield of 5.81%. Saul Centers’s payout ratio is presently 136.42%.

Saul Centers Profile

Saul Centers is a self-managed, self-administered equity REIT headquartered in Bethesda, Maryland. Saul Centers currently operates and manages a real estate portfolio comprised of 61 properties that includes (a) 57 community and neighborhood Shopping Centers and Mixed-Use properties with approximately 9.8 million square feet of leasable area and (b) four land and development properties.