2 weeks Ago By ABMN Staff
Wells Fargo & Company MN increased its stake in shares of Saul Centers, Inc. ( NYSE:BFS – Free Report ) by 2.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC).
The institutional investor owned 52,749 shares of the real estate investment trust’s stock after buying an additional 1,024 shares during the quarter. Wells Fargo & Company MN’s holdings in Saul Centers were worth $2,047,000 at the end of the most recent reporting period. A number of other hedge funds and other institutional investors have also bought and sold shares of the stock.
Norges Bank bought a new position in shares of Saul Centers in the fourth quarter worth about $2,398,000. JPMorgan Chase & Co. lifted its stake in shares of Saul Centers by 56.
2% in the fourth quarter. JPMorgan Chase & Co. now owns 86,974 shares of the real estate investment trust’s stock worth $3,375,000 after acquiring an additional 31,308 shares during the period.
AlphaCentric Advisors LLC acquired a new stake in shares of Saul Centers during the fourth quarter worth $1,164,000. Integrated Quantitative Investments LLC acquired a new position in shares of Saul Centers in the 4th quarter valued at about $601,000. Finally, Barclays PLC grew its holdings in Saul Centers by 280.
0% in the third quarter. Barclays PLC now owns 20,932 shares of the real estate investment trust’s stock worth $878,000 after purchasing an additional 15,424 shares during the period. Institutional investors and hedge funds own 49.
99% of the company’s stock. Analyst Ratings Changes Separately, StockNews.com downgraded shares of Saul Centers from a “buy” rating to a “hold” rating in a research report on Friday, March 7th.
Saul Centers Stock Down 0.1 % Saul Centers stock opened at $32.58 on Friday.
Saul Centers, Inc. has a fifty-two week low of $31.59 and a fifty-two week high of $42.
39. The firm’s 50-day simple moving average is $35.08 and its 200 day simple moving average is $37.
57. The stock has a market cap of $788.47 million, a PE ratio of 17.
71 and a beta of 0.97. The company has a debt-to-equity ratio of 4.
61, a quick ratio of 1.13 and a current ratio of 1.13.
Saul Centers ( NYSE:BFS – Get Free Report ) last announced its quarterly earnings data on Friday, February 28th. The real estate investment trust reported $0.63 EPS for the quarter, topping the consensus estimate of $0.
32 by $0.31. Saul Centers had a net margin of 20.
84% and a return on equity of 17.16%. The business had revenue of $67.
92 million for the quarter, compared to analyst estimates of $68.94 million. Research analysts predict that Saul Centers, Inc.
will post 3.14 EPS for the current fiscal year. Saul Centers Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th.
Stockholders of record on Tuesday, April 15th will be given a $0.59 dividend. This represents a $2.
36 annualized dividend and a dividend yield of 7.24%. The ex-dividend date of this dividend is Tuesday, April 15th.
Saul Centers’s dividend payout ratio (DPR) is currently 144.79%. Saul Centers Profile ( Free Report ) 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. See Also Want to see what other hedge funds are holding BFS? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Saul Centers, Inc. ( NYSE:BFS – Free Report ). Receive News & Ratings for Saul Centers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Saul Centers and related companies with MarketBeat.
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