11,252 Shares in Saul Centers, Inc. (NYSE:BFS) Acquired by Proficio Capital Partners LLC

Proficio Capital Partners LLC bought a new stake in Saul Centers, Inc. (NYSE:BFS - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 11,252 shares of the real estate investment trust's stock, valued at approximately $437,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of BFS. AlphaCentric Advisors LLC purchased a new position in Saul Centers in the fourth quarter valued at approximately $1,164,000. Zacks Investment Management purchased a new position in shares of Saul Centers during the 3rd quarter valued at $702,000. Barclays PLC grew its stake in shares of Saul Centers by 280.0% during the 3rd quarter. Barclays PLC now owns 20,932 shares of the real estate investment trust's stock worth $878,000 after acquiring an additional 15,424 shares during the period. Jane Street Group LLC increased its holdings in Saul Centers by 75.7% in 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 acquiring an additional 14,755 shares during the last quarter. Finally, Denali Advisors LLC bought a new stake in Saul Centers in the 4th quarter valued at about $501,000. 49.99% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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

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Saul Centers Stock Performance

Shares of NYSE BFS traded up $0.27 during mid-day trading on Thursday, hitting $36.21. The company had a trading volume of 2,399 shares, compared to its average volume of 47,965. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 4.61. Saul Centers, Inc. has a 1 year low of $34.98 and a 1 year high of $42.39. The company has a market capitalization of $876.32 million, a price-to-earnings ratio of 19.68 and a beta of 1.08. The stock's 50-day moving average price is $36.53 and its 200-day moving average price is $38.71.

Saul Centers (NYSE:BFS - Get Free Report) last posted its earnings results on Friday, February 28th. The real estate investment trust reported $0.63 earnings per share for the quarter, beating analysts' consensus estimates 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 analyst estimates of $68.94 million. On average, sell-side analysts forecast that Saul Centers, Inc. will post 3.14 earnings per share for the current year.

Saul Centers Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 15th will be paid a $0.59 dividend. This represents a $2.36 annualized dividend and a yield of 6.52%. The ex-dividend date is Tuesday, April 15th. Saul Centers's dividend payout ratio is presently 144.79%.

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.