Saul Centers Inc. (NYSE:BFS) VP Joel Albert Friedman sold 3,858 shares of the stock in a transaction dated Friday, November 11th. The stock was sold at an average price of $64.00, for a total transaction of $246,912.00. Following the transaction, the vice president now directly owns 3,958 shares in the company, valued at approximately $253,312. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Joel Albert Friedman also recently made the following trade(s):

  • On Friday, September 30th, Joel Albert Friedman sold 1,142 shares of Saul Centers stock. The stock was sold at an average price of $67.00, for a total transaction of $76,514.00.

Saul Centers Inc. (NYSE:BFS) opened at 65.41 on Tuesday. The firm has a 50-day moving average of $63.26 and a 200-day moving average of $62.11. The company has a market cap of $1.40 billion, a PE ratio of 43.03 and a beta of 0.71. Saul Centers Inc. has a one year low of $46.46 and a one year high of $68.75.

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

The company also recently announced a quarterly dividend, which was paid on Friday, October 28th. Investors of record on Friday, October 14th were issued a $0.47 dividend. The ex-dividend date of this dividend was Wednesday, October 12th. This represents a $1.88 annualized dividend and a yield of 2.87%. Saul Centers’s dividend payout ratio (DPR) is presently 123.69%.

Several brokerages have recently commented on BFS. DA Davidson began coverage on shares of Saul Centers in a research report on Friday, October 14th. They set a “neutral” rating and a $72.00 price target on the stock. Zacks Investment Research cut shares of Saul Centers from a “hold” rating to a “sell” rating in a research report on Friday, September 23rd. Finally, TheStreet cut shares of Saul Centers from a “buy” rating to a “hold” rating in a research report on Monday, September 12th.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Aperio Group LLC increased its position in shares of Saul Centers by 0.6% in the third quarter. Aperio Group LLC now owns 3,412 shares of the company’s stock valued at $227,000 after buying an additional 19 shares during the period. Municipal Employees Retirement System of Michigan increased its position in shares of Saul Centers by 1.6% in the third quarter. Municipal Employees Retirement System of Michigan now owns 2,520 shares of the company’s stock valued at $168,000 after buying an additional 40 shares during the period. 1st Global Advisors Inc. increased its position in shares of Saul Centers by 1.1% in the second quarter. 1st Global Advisors Inc. now owns 4,293 shares of the company’s stock valued at $265,000 after buying an additional 47 shares during the period. American International Group Inc. increased its position in shares of Saul Centers by 0.8% in the third quarter. American International Group Inc. now owns 7,500 shares of the company’s stock valued at $500,000 after buying an additional 57 shares during the period. Finally, Arizona State Retirement System increased its position in shares of Saul Centers by 1.7% in the second quarter. Arizona State Retirement System now owns 5,906 shares of the company’s stock valued at $364,000 after buying an additional 100 shares during the period. Hedge funds and other institutional investors own 45.60% of the company’s stock.

Saul Centers Company Profile

Saul Centers, Inc (Saul Centers) operates as a real estate investment trust (REIT). The Company’s principal business activity is the ownership, management and development of income-producing properties. It operates in two segments: Shopping Centers and Mixed-Use Properties. The Company conducts its business through Saul Holdings Limited Partnership and/or directly or indirectly owned subsidiaries.

5 Day Chart for NYSE:BFS

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