Insider Selling: Saul Centers, Inc. (BFS) VP Sells 11,250 Shares of Stock

Saul Centers, Inc. (NYSE:BFS) VP Steven N. Corey sold 11,250 shares of the firm’s stock in a transaction that occurred on Monday, October 9th. The shares were sold at an average price of $63.26, for a total transaction of $711,675.00. The sale was disclosed in a filing with the SEC, which is available through this link.

Shares of Saul Centers, Inc. (NYSE BFS) traded up 0.47% during midday trading on Tuesday, reaching $63.66. 29,794 shares of the company traded hands. The company has a 50 day moving average price of $61.51 and a 200 day moving average price of $60.33. Saul Centers, Inc. has a 1-year low of $55.86 and a 1-year high of $68.33. The company has a market capitalization of $1.39 billion, a PE ratio of 40.27 and a beta of 0.72.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 31st. Shareholders of record on Tuesday, October 17th will be paid a dividend of $0.51 per share. The ex-dividend date is Monday, October 16th. This represents a $2.04 dividend on an annualized basis and a yield of 3.22%. Saul Centers’s payout ratio is 129.11%.

ILLEGAL ACTIVITY WARNING: “Insider Selling: Saul Centers, Inc. (BFS) VP Sells 11,250 Shares of Stock” was published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this piece of content on another domain, it was stolen and reposted in violation of international copyright & trademark laws. The correct version of this piece of content can be accessed at https://ledgergazette.com/2017/10/10/insider-selling-saul-centers-inc-bfs-vp-sells-11250-shares-of-stock.html.

A number of institutional investors have recently modified their holdings of the business. Prudential Financial Inc. increased its stake in Saul Centers by 0.3% during the 2nd quarter. Prudential Financial Inc. now owns 21,878 shares of the real estate investment trust’s stock valued at $1,268,000 after purchasing an additional 58 shares in the last quarter. Arizona State Retirement System increased its stake in Saul Centers by 1.6% during the 2nd quarter. Arizona State Retirement System now owns 6,206 shares of the real estate investment trust’s stock valued at $360,000 after purchasing an additional 100 shares in the last quarter. Texas Permanent School Fund increased its stake in Saul Centers by 1.3% during the 2nd quarter. Texas Permanent School Fund now owns 8,633 shares of the real estate investment trust’s stock valued at $501,000 after purchasing an additional 110 shares in the last quarter. Municipal Employees Retirement System of Michigan increased its stake in Saul Centers by 4.9% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 2,780 shares of the real estate investment trust’s stock valued at $161,000 after purchasing an additional 130 shares in the last quarter. Finally, BNP Paribas Arbitrage SA increased its stake in Saul Centers by 2.2% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 7,403 shares of the real estate investment trust’s stock valued at $429,000 after purchasing an additional 160 shares in the last quarter. Institutional investors and hedge funds own 45.16% of the company’s stock.

Several equities research analysts recently weighed in on BFS shares. BidaskClub downgraded shares of Saul Centers from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. Zacks Investment Research upgraded shares of Saul Centers from a “sell” rating to a “hold” rating in a report on Tuesday, September 12th. Finally, BMO Capital Markets upgraded shares of Saul Centers from a “market perform” rating to an “outperform” rating in a report on Monday, August 7th.

About Saul Centers

Saul Centers, Inc operates as a real estate investment trust. The Company’s principal business activity is the ownership, management and development of income-producing properties. It operates through two segments: Shopping Centers and Mixed-Use Properties. The Company, which conducts all of its activities through its subsidiaries, the Saul Holdings Limited Partnership (Operating Partnership) and Subsidiary Partnerships, engages in the ownership, operation, management, leasing, acquisition, renovation, expansion, development and financing of community and neighborhood shopping centers and mixed-used properties in the Washington, District of Columbia/Baltimore metropolitan ar

Shares of Saul Centers, Inc. (NYSE BFS) traded up 0.47% during midday trading on Tuesday, reaching $63.66. 29,794 shares of the company traded hands. The company has a 50 day moving average price of $61.51 and a 200 day moving average price of $60.33. Saul Centers, Inc. has a 1-year low of $55.86 and a 1-year high of $68.33. The company has a market capitalization of $1.39 billion, a PE ratio of 40.27 and a beta of 0.72.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 31st. Shareholders of record on Tuesday, October 17th will be paid a dividend of $0.51 per share. The ex-dividend date is Monday, October 16th. This represents a $2.04 dividend on an annualized basis and a yield of 3.22%. Saul Centers’s payout ratio is 129.11%.

ILLEGAL ACTIVITY WARNING: “Insider Selling: Saul Centers, Inc. (BFS) VP Sells 11,250 Shares of Stock” was published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this piece of content on another domain, it was stolen and reposted in violation of international copyright & trademark laws. The correct version of this piece of content can be accessed at https://ledgergazette.com/2017/10/10/insider-selling-saul-centers-inc-bfs-vp-sells-11250-shares-of-stock.html.

A number of institutional investors have recently modified their holdings of the business. Prudential Financial Inc. increased its stake in Saul Centers by 0.3% during the 2nd quarter. Prudential Financial Inc. now owns 21,878 shares of the real estate investment trust’s stock valued at $1,268,000 after purchasing an additional 58 shares in the last quarter. Arizona State Retirement System increased its stake in Saul Centers by 1.6% during the 2nd quarter. Arizona State Retirement System now owns 6,206 shares of the real estate investment trust’s stock valued at $360,000 after purchasing an additional 100 shares in the last quarter. Texas Permanent School Fund increased its stake in Saul Centers by 1.3% during the 2nd quarter. Texas Permanent School Fund now owns 8,633 shares of the real estate investment trust’s stock valued at $501,000 after purchasing an additional 110 shares in the last quarter. Municipal Employees Retirement System of Michigan increased its stake in Saul Centers by 4.9% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 2,780 shares of the real estate investment trust’s stock valued at $161,000 after purchasing an additional 130 shares in the last quarter. Finally, BNP Paribas Arbitrage SA increased its stake in Saul Centers by 2.2% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 7,403 shares of the real estate investment trust’s stock valued at $429,000 after purchasing an additional 160 shares in the last quarter. Institutional investors and hedge funds own 45.16% of the company’s stock.

Several equities research analysts recently weighed in on BFS shares. BidaskClub downgraded shares of Saul Centers from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. Zacks Investment Research upgraded shares of Saul Centers from a “sell” rating to a “hold” rating in a report on Tuesday, September 12th. Finally, BMO Capital Markets upgraded shares of Saul Centers from a “market perform” rating to an “outperform” rating in a report on Monday, August 7th.

About Saul Centers

Saul Centers, Inc operates as a real estate investment trust. The Company’s principal business activity is the ownership, management and development of income-producing properties. It operates through two segments: Shopping Centers and Mixed-Use Properties. The Company, which conducts all of its activities through its subsidiaries, the Saul Holdings Limited Partnership (Operating Partnership) and Subsidiary Partnerships, engages in the ownership, operation, management, leasing, acquisition, renovation, expansion, development and financing of community and neighborhood shopping centers and mixed-used properties in the Washington, District of Columbia/Baltimore metropolitan area.

Insider Buying and Selling by Quarter for Saul Centers (NYSE:BFS)

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