15,500 Shares in Saul Centers, Inc. (NYSE:BFS) Purchased by Integrated Quantitative Investments LLC

Integrated Quantitative Investments LLC bought a new position in shares of Saul Centers, Inc. (NYSE:BFS - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 15,500 shares of the real estate investment trust's stock, valued at approximately $601,000. Integrated Quantitative Investments LLC owned 0.06% of Saul Centers as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Charles Schwab Investment Management Inc. raised its holdings in Saul Centers by 4.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 109,000 shares of the real estate investment trust's stock worth $4,229,000 after acquiring an additional 4,547 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Saul Centers by 56.2% during the fourth quarter. JPMorgan Chase & Co. now owns 86,974 shares of the real estate investment trust's stock valued at $3,375,000 after acquiring an additional 31,308 shares during the period. Norges Bank bought a new position in Saul Centers during the 4th quarter valued at about $2,398,000. Rhumbline Advisers boosted its stake in Saul Centers by 1.7% in the fourth quarter. Rhumbline Advisers now owns 34,243 shares of the real estate investment trust's stock worth $1,329,000 after purchasing an additional 575 shares in the last quarter. Finally, Jane Street Group LLC lifted its position in Saul Centers by 75.7% during the 3rd quarter. Jane Street Group LLC now owns 34,240 shares of the real estate investment trust's stock worth $1,437,000 after buying an additional 14,755 shares in the last quarter. Institutional investors own 49.99% of the company's stock.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded Saul Centers from a "buy" rating to a "hold" rating in a report on Friday, March 7th.

Saul Centers Stock Down 3.2 %

Shares of NYSE:BFS traded down $1.07 during trading on Thursday, hitting $32.45. 18,043 shares of the company were exchanged, compared to its average volume of 50,843. Saul Centers, Inc. has a fifty-two week low of $31.63 and a fifty-two week high of $42.39. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 4.61. The firm has a fifty day moving average price of $36.02 and a two-hundred day moving average price of $38.23. The stock has a market cap of $785.32 million, a price-to-earnings ratio of 17.64 and a beta of 0.97.

Saul Centers (NYSE:BFS - Get Free Report) last announced its quarterly earnings results on Friday, February 28th. The real estate investment trust reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.31. Saul Centers had a return on equity of 17.16% and a net margin of 20.84%. The business had revenue of $67.92 million during the quarter, compared to the consensus estimate of $68.94 million. As a group, research analysts anticipate that Saul Centers, Inc. will post 3.14 earnings per share for the current fiscal year.

Saul Centers Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Tuesday, April 15th will be given a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a yield of 7.27%. The ex-dividend date is Tuesday, April 15th. Saul Centers's dividend payout ratio is 144.79%.

Saul Centers Company 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.