Jane Street Group LLC Buys 14,755 Shares of Saul Centers, Inc. (NYSE:BFS)

Jane Street Group LLC boosted its stake in Saul Centers, Inc. (NYSE:BFS - Free Report) by 75.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 34,240 shares of the real estate investment trust's stock after buying an additional 14,755 shares during the quarter. Jane Street Group LLC owned approximately 0.14% of Saul Centers worth $1,437,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the stock. Point72 Asia Singapore Pte. Ltd. raised its stake in shares of Saul Centers by 31.2% during the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 3,648 shares of the real estate investment trust's stock worth $153,000 after purchasing an additional 868 shares in the last quarter. Martingale Asset Management L P raised its position in Saul Centers by 10.9% during the third quarter. Martingale Asset Management L P now owns 16,941 shares of the real estate investment trust's stock valued at $711,000 after acquiring an additional 1,664 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Saul Centers by 30.9% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 21,515 shares of the real estate investment trust's stock valued at $903,000 after acquiring an additional 5,073 shares during the last quarter. BNP Paribas Financial Markets lifted its stake in Saul Centers by 14.9% in the third quarter. BNP Paribas Financial Markets now owns 26,451 shares of the real estate investment trust's stock valued at $1,110,000 after acquiring an additional 3,434 shares during the last quarter. Finally, The Manufacturers Life Insurance Company bought a new stake in Saul Centers in the third quarter worth approximately $202,000. Institutional investors and hedge funds own 49.99% of the company's stock.

Saul Centers Stock Down 1.5 %

Shares of BFS traded down $0.57 during trading hours on Friday, hitting $38.35. 40,248 shares of the company were exchanged, compared to its average volume of 51,605. The company has a debt-to-equity ratio of 4.61, a quick ratio of 1.13 and a current ratio of 1.13. The company has a market cap of $926.96 million, a PE ratio of 20.84 and a beta of 1.11. The firm's 50 day moving average is $39.93 and its 200-day moving average is $39.42. Saul Centers, Inc. has a 52 week low of $34.87 and a 52 week high of $42.39.

Saul Centers Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be given a dividend of $0.59 per share. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $2.36 dividend on an annualized basis and a yield of 6.15%. Saul Centers's payout ratio is currently 128.26%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of Saul Centers from a "buy" rating to a "hold" rating in a research note on Wednesday, December 18th.

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.