Saul Centers, Inc. $BFS Shares Acquired by Denali Advisors LLC

Denali Advisors LLC lifted its holdings in shares of Saul Centers, Inc. (NYSE:BFS) by 106.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 48,400 shares of the real estate investment trust’s stock after acquiring an additional 24,952 shares during the quarter. Denali Advisors LLC’s holdings in Saul Centers were worth $1,526,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Hantz Financial Services Inc. lifted its holdings in shares of Saul Centers by 48.8% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,092 shares of the real estate investment trust’s stock valued at $35,000 after acquiring an additional 358 shares in the last quarter. CWM LLC lifted its holdings in shares of Saul Centers by 35.8% during the 4th quarter. CWM LLC now owns 1,444 shares of the real estate investment trust’s stock valued at $46,000 after acquiring an additional 381 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Saul Centers by 7.6% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,742 shares of the real estate investment trust’s stock valued at $230,000 after acquiring an additional 475 shares in the last quarter. Resona Asset Management Co. Ltd. lifted its holdings in shares of Saul Centers by 10.3% during the 3rd quarter. Resona Asset Management Co. Ltd. now owns 5,450 shares of the real estate investment trust’s stock valued at $171,000 after acquiring an additional 508 shares in the last quarter. Finally, Illinois Municipal Retirement Fund lifted its holdings in shares of Saul Centers by 10.7% during the 3rd quarter. Illinois Municipal Retirement Fund now owns 6,781 shares of the real estate investment trust’s stock valued at $216,000 after acquiring an additional 657 shares in the last quarter. Institutional investors and hedge funds own 49.99% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Saul Centers in a report on Monday. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Saul Centers Stock Performance

Shares of BFS stock opened at $35.12 on Friday. Saul Centers, Inc. has a 12 month low of $29.16 and a 12 month high of $35.75. The company has a debt-to-equity ratio of 5.48, a current ratio of 1.90 and a quick ratio of 1.90. The firm has a market capitalization of $860.39 million, a P/E ratio of 33.13 and a beta of 0.93. The company’s fifty day moving average price is $33.69 and its two-hundred day moving average price is $32.36.

Saul Centers (NYSE:BFS) last issued its quarterly earnings data on Thursday, May 7th. The real estate investment trust reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.13. The firm had revenue of $74.64 million for the quarter, compared to analyst estimates of $75.11 million. Saul Centers had a net margin of 12.43% and a return on equity of 12.34%.

Saul Centers Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Wednesday, April 15th were paid a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date was Wednesday, April 15th. Saul Centers’s dividend payout ratio is 222.64%.

About Saul Centers

Saul Centers, Inc is a publicly traded real estate investment trust (REIT) that specializes in the ownership, development and management of retail properties. The company’s portfolio is focused on grocery-anchored and necessity-based shopping centers, providing stable, long-term cash flows through leasing arrangements with national and regional retailers. In addition to ground-up development, Saul Centers actively pursues redevelopment and adaptive reuse projects to enhance value in existing assets.

Founded by the Saul family in 1945, Saul Centers has grown from a local real estate development firm into a listed REIT while maintaining its headquarters in Bethesda, Maryland.