Insider Selling: Saul Centers Inc (BFS) Insider Sells $148,250.00 in Stock

Saul Centers Inc (NYSE:BFS) insider James Page Lansdale sold 2,372 shares of the business’s stock in a transaction on Tuesday, December 12th. The stock was sold at an average price of $62.50, for a total transaction of $148,250.00. Following the transaction, the insider now owns 2,972 shares in the company, valued at $185,750. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

James Page Lansdale also recently made the following trade(s):

  • On Thursday, December 14th, James Page Lansdale sold 7,600 shares of Saul Centers stock. The stock was sold at an average price of $62.51, for a total transaction of $475,076.00.
  • On Monday, December 4th, James Page Lansdale sold 11,027 shares of Saul Centers stock. The stock was sold at an average price of $64.06, for a total transaction of $706,389.62.

Saul Centers Inc (BFS) traded up $1.07 during mid-day trading on Friday, reaching $63.12. 103,899 shares of the company’s stock were exchanged, compared to its average volume of 31,385. The company has a debt-to-equity ratio of 4.62, a quick ratio of 2.68 and a current ratio of 2.68. Saul Centers Inc has a 1 year low of $55.86 and a 1 year high of $68.01. The company has a market capitalization of $1,358.90, a PE ratio of 19.70, a price-to-earnings-growth ratio of 3.86 and a beta of 0.72.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 31st. Shareholders of record on Wednesday, January 17th will be given a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a yield of 3.30%. This is a boost from Saul Centers’s previous quarterly dividend of $0.51. The ex-dividend date is Tuesday, January 16th. Saul Centers’s payout ratio is 125.15%.

Hedge funds have recently added to or reduced their stakes in the business. Legal & General Group Plc boosted its position in Saul Centers by 7.2% during the second quarter. Legal & General Group Plc now owns 53,182 shares of the real estate investment trust’s stock worth $3,085,000 after purchasing an additional 3,582 shares during the period. Dimensional Fund Advisors LP boosted its position in Saul Centers by 4.6% during the second quarter. Dimensional Fund Advisors LP now owns 190,117 shares of the real estate investment trust’s stock worth $11,024,000 after purchasing an additional 8,385 shares during the period. BlackRock Inc. boosted its position in Saul Centers by 2.7% during the second quarter. BlackRock Inc. now owns 1,748,798 shares of the real estate investment trust’s stock worth $101,395,000 after purchasing an additional 45,574 shares during the period. New York State Common Retirement Fund boosted its position in Saul Centers by 16.8% during the second quarter. New York State Common Retirement Fund now owns 12,500 shares of the real estate investment trust’s stock worth $725,000 after purchasing an additional 1,799 shares during the period. Finally, The Manufacturers Life Insurance Company boosted its position in Saul Centers by 19.7% during the second quarter. The Manufacturers Life Insurance Company now owns 9,672 shares of the real estate investment trust’s stock worth $561,000 after purchasing an additional 1,590 shares during the period. 45.48% of the stock is owned by hedge funds and other institutional investors.

BFS has been the subject of a number of research analyst reports. Zacks Investment Research raised shares of Saul Centers from a “sell” rating to a “hold” rating in a research report on Thursday, November 30th. Raymond James Financial reaffirmed a “hold” rating on shares of Saul Centers in a research report on Monday, December 4th.

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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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