Saul Centers, Inc. (NYSE:BFS) VP Steven N. Corey sold 5,000 shares of the company’s stock in a transaction dated Friday, July 7th. The shares were sold at an average price of $59.04, for a total value of $295,200.00. Following the sale, the vice president now owns 5,000 shares in the company, valued at $295,200. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of Saul Centers, Inc. (NYSE BFS) traded up 1.41% during midday trading on Friday, hitting $60.41. The stock had a trading volume of 30,994 shares. Saul Centers, Inc. has a 12 month low of $55.86 and a 12 month high of $68.75. The stock’s 50 day moving average price is $59.20 and its 200 day moving average price is $61.23. The firm has a market cap of $1.30 billion, a price-to-earnings ratio of 38.92 and a beta of 0.73.

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 31st. Stockholders of record on Monday, July 17th were paid a $0.51 dividend. This represents a $2.04 annualized dividend and a dividend yield of 3.38%. The ex-dividend date was Thursday, July 13th. Saul Centers’s dividend payout ratio (DPR) is currently 129.11%.

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Hedge funds and other institutional investors have recently bought and sold shares of the company. BlackRock Inc. increased its position in Saul Centers by 8,480.0% in the first quarter. BlackRock Inc. now owns 1,703,224 shares of the real estate investment trust’s stock valued at $104,953,000 after buying an additional 1,683,373 shares during the period. Norges Bank bought a new position in Saul Centers during the fourth quarter valued at approximately $10,242,000. AXA increased its position in Saul Centers by 48.7% in the first quarter. AXA now owns 187,009 shares of the real estate investment trust’s stock valued at $11,523,000 after buying an additional 61,256 shares during the period. Vanguard Group Inc. increased its position in Saul Centers by 2.3% in the first quarter. Vanguard Group Inc. now owns 2,079,236 shares of the real estate investment trust’s stock valued at $128,122,000 after buying an additional 46,999 shares during the period. Finally, State Street Corp increased its position in Saul Centers by 8.7% in the first quarter. State Street Corp now owns 459,435 shares of the real estate investment trust’s stock valued at $28,306,000 after buying an additional 36,848 shares during the period. 46.42% of the stock is currently owned by hedge funds and other institutional investors.

BFS has been the topic of several analyst reports. Zacks Investment Research upgraded Saul Centers from a “sell” rating to a “hold” rating in a research report on Wednesday, July 26th. BidaskClub upgraded Saul Centers from a “sell” rating to a “hold” rating in a research report on Wednesday, June 14th.

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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