Barclays PLC boosted its holdings in shares of Saul Centers, Inc. (NYSE:BFS - Free Report) by 280.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 20,932 shares of the real estate investment trust's stock after acquiring an additional 15,424 shares during the quarter. Barclays PLC owned about 0.09% of Saul Centers worth $878,000 at the end of the most recent quarter.
Other large investors also recently bought and sold shares of the company. Texas Permanent School Fund Corp increased its stake in Saul Centers by 9.9% in the second quarter. Texas Permanent School Fund Corp now owns 11,383 shares of the real estate investment trust's stock valued at $419,000 after purchasing an additional 1,028 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Saul Centers by 2.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 209,840 shares of the real estate investment trust's stock worth $7,715,000 after acquiring an additional 5,330 shares during the period. Renaissance Technologies LLC increased its stake in shares of Saul Centers by 10.2% during the 2nd quarter. Renaissance Technologies LLC now owns 228,474 shares of the real estate investment trust's stock worth $8,401,000 after purchasing an additional 21,100 shares in the last quarter. Hsbc Holdings PLC purchased a new stake in Saul Centers in the 2nd quarter worth approximately $1,060,000. Finally, Inspire Investing LLC raised its stake in Saul Centers by 3.3% during the second quarter. Inspire Investing LLC now owns 9,668 shares of the real estate investment trust's stock worth $355,000 after purchasing an additional 310 shares during the period. Institutional investors and hedge funds own 49.99% of the company's stock.
Analyst Upgrades and Downgrades
Separately, StockNews.com cut shares of Saul Centers from a "buy" rating to a "hold" rating in a research report on Wednesday, December 18th.
Get Our Latest Report on BFS
Saul Centers Stock Performance
Shares of BFS traded up $0.27 during trading hours on Thursday, reaching $36.91. 26,503 shares of the company's stock traded hands, compared to its average volume of 51,600. The business's fifty day simple moving average is $39.45 and its two-hundred day simple moving average is $39.54. The firm has a market capitalization of $891.99 million, a price-to-earnings ratio of 20.06 and a beta of 1.12. The company has a debt-to-equity ratio of 4.61, a current ratio of 1.13 and a quick ratio of 1.13. Saul Centers, Inc. has a twelve month low of $34.87 and a twelve month high of $42.39.
Saul Centers Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be paid a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a yield of 6.39%. The ex-dividend date is Wednesday, January 15th. Saul Centers's dividend payout ratio is presently 128.26%.
Saul Centers Company 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.
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