10,452 Shares in Saul Centers Inc (BFS) Purchased by SG Americas Securities LLC

SG Americas Securities LLC purchased a new stake in shares of Saul Centers Inc (NYSE:BFS) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 10,452 shares of the real estate investment trust’s stock, valued at approximately $560,000.

Other hedge funds have also made changes to their positions in the company. Piedmont Investment Advisors LLC purchased a new stake in Saul Centers in the 2nd quarter worth approximately $151,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Saul Centers by 145.1% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,125 shares of the real estate investment trust’s stock worth $167,000 after purchasing an additional 1,850 shares in the last quarter. Optimum Investment Advisors purchased a new stake in Saul Centers in the 1st quarter worth approximately $222,000. Aperio Group LLC lifted its stake in Saul Centers by 71.9% in the 1st quarter. Aperio Group LLC now owns 6,961 shares of the real estate investment trust’s stock worth $355,000 after purchasing an additional 2,912 shares in the last quarter. Finally, Royal Bank of Canada lifted its stake in Saul Centers by 38.1% in the 1st quarter. Royal Bank of Canada now owns 7,692 shares of the real estate investment trust’s stock worth $392,000 after purchasing an additional 2,124 shares in the last quarter. Institutional investors own 45.31% of the company’s stock.

BFS has been the topic of several recent analyst reports. B. Riley increased their target price on shares of Saul Centers from $54.00 to $58.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 8th. Zacks Investment Research upgraded shares of Saul Centers from a “sell” rating to a “hold” rating in a research note on Friday, August 10th. Finally, ValuEngine upgraded shares of Saul Centers from a “sell” rating to a “hold” rating in a research note on Wednesday, August 15th. Five equities research analysts have rated the stock with a hold rating, The company has a consensus rating of “Hold” and an average price target of $56.50.

In other news, VP Debra Noreen Stencel sold 501 shares of the stock in a transaction on Friday, September 7th. The shares were sold at an average price of $59.65, for a total value of $29,884.65. Following the transaction, the vice president now owns 501 shares of the company’s stock, valued at approximately $29,884.65. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Scott V. Schneider sold 3,500 shares of the stock in a transaction on Thursday, July 5th. The stock was sold at an average price of $54.59, for a total transaction of $191,065.00. Following the completion of the transaction, the insider now directly owns 4,500 shares in the company, valued at approximately $245,655. The disclosure for this sale can be found here. Insiders sold a total of 18,084 shares of company stock worth $1,055,064 over the last quarter. Corporate insiders own 48.80% of the company’s stock.

NYSE BFS opened at $56.44 on Friday. Saul Centers Inc has a 1 year low of $46.71 and a 1 year high of $65.43. The company has a debt-to-equity ratio of 4.27, a quick ratio of 1.96 and a current ratio of 1.96. The company has a market capitalization of $1.26 billion, a price-to-earnings ratio of 18.67, a PEG ratio of 3.63 and a beta of 0.68.

Saul Centers Company Profile

Saul Centers, Inc is a self-managed, self-administered equity REIT headquartered in Bethesda, Maryland, which currently operates and manages a real estate portfolio of 59 properties which includes (a) 49 community and neighborhood shopping centers and six mixed-use properties with approximately 9.2 million square feet of leasable area and (b) four land and development properties.

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Institutional Ownership by Quarter for Saul Centers (NYSE:BFS)

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