Teacher Retirement System of Texas Has $811,000 Stock Position in Saul Centers, Inc. (NYSE:BFS)

Teacher Retirement System of Texas lessened its stake in shares of Saul Centers, Inc. (NYSE:BFS - Free Report) by 25.6% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 20,911 shares of the real estate investment trust's stock after selling 7,179 shares during the period. Teacher Retirement System of Texas owned about 0.09% of Saul Centers worth $811,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of BFS. AlphaCentric Advisors LLC acquired a new stake in shares of Saul Centers in the fourth quarter valued at approximately $1,164,000. Zacks Investment Management acquired a new position in shares of Saul Centers in the third quarter valued at $702,000. Barclays PLC raised its position in shares of Saul Centers by 280.0% in the third quarter. Barclays PLC now owns 20,932 shares of the real estate investment trust's stock valued at $878,000 after purchasing an additional 15,424 shares during the period. Jane Street Group LLC lifted its stake in shares of 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 during the last quarter. Finally, Denali Advisors LLC acquired a new position in Saul Centers in the 4th quarter valued at about $501,000. 49.99% of the stock is owned by institutional investors and hedge funds.

Saul Centers Stock Performance

NYSE BFS traded down $0.03 on Wednesday, reaching $36.32. The stock had a trading volume of 41,404 shares, compared to its average volume of 50,336. The company has a debt-to-equity ratio of 4.61, a current ratio of 1.13 and a quick ratio of 1.13. The company has a market cap of $878.98 million, a P/E ratio of 19.74 and a beta of 1.08. The firm has a fifty day moving average of $36.46 and a two-hundred day moving average of $38.56. Saul Centers, Inc. has a 1-year low of $34.98 and a 1-year high of $42.39.

Saul Centers (NYSE:BFS - Get Free Report) last released its quarterly earnings results on Friday, February 28th. The real estate investment trust reported $0.63 EPS for the quarter, beating 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 the consensus estimate of $68.94 million. On average, equities research analysts anticipate that Saul Centers, Inc. will post 3.14 EPS for the current year.

Saul Centers Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 15th will be issued a dividend of $0.59 per share. The ex-dividend date is Tuesday, April 15th. This represents a $2.36 annualized dividend and a dividend yield of 6.50%. Saul Centers's dividend payout ratio is presently 144.79%.

Analyst Ratings Changes

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

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.