BNP Paribas Arbitrage SA increased its position in shares of Saul Centers, Inc. (NYSE:BFS) by 2.2% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 7,403 shares of the real estate investment trust’s stock after acquiring an additional 160 shares during the period. BNP Paribas Arbitrage SA’s holdings in Saul Centers were worth $429,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of BFS. BlackRock Inc. grew its position in Saul Centers by 8,480.0% during the 1st quarter. BlackRock Inc. now owns 1,703,224 shares of the real estate investment trust’s stock worth $104,953,000 after acquiring an additional 1,683,373 shares during the last quarter. AXA grew its position in Saul Centers by 48.7% during the 1st quarter. AXA now owns 187,009 shares of the real estate investment trust’s stock worth $11,523,000 after acquiring an additional 61,256 shares during the last quarter. Vanguard Group Inc. grew its position in Saul Centers by 2.3% during the 1st quarter. Vanguard Group Inc. now owns 2,079,236 shares of the real estate investment trust’s stock worth $128,122,000 after acquiring an additional 46,999 shares during the last quarter. State Street Corp grew its position in Saul Centers by 8.7% during the 1st quarter. State Street Corp now owns 459,435 shares of the real estate investment trust’s stock worth $28,306,000 after acquiring an additional 36,848 shares during the last quarter. Finally, Wells Fargo & Company MN grew its position in Saul Centers by 14.8% during the 1st quarter. Wells Fargo & Company MN now owns 211,639 shares of the real estate investment trust’s stock worth $13,042,000 after acquiring an additional 27,222 shares during the last quarter. Institutional investors and hedge funds own 45.16% of the company’s stock.

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Shares of Saul Centers, Inc. (NYSE:BFS) opened at 62.11 on Friday. Saul Centers, Inc. has a 52-week low of $55.86 and a 52-week high of $68.33. The company has a market cap of $1.35 billion, a price-to-earnings ratio of 39.29 and a beta of 0.72. The firm has a 50 day moving average price of $60.33 and a 200-day moving average price of $60.39.

In other news, VP Charles W. Sherren, Jr. sold 2,453 shares of Saul Centers stock in a transaction dated Tuesday, September 12th. The stock was sold at an average price of $61.72, for a total value of $151,399.16. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, VP Steven N. Corey sold 5,000 shares of Saul Centers stock in a transaction dated Friday, July 7th. The stock was sold at an average price of $59.04, for a total value of $295,200.00. Following the completion of the transaction, the vice president now owns 5,000 shares in the company, valued at approximately $295,200. The disclosure for this sale can be found here. Insiders have sold 8,453 shares of company stock worth $507,489 in the last 90 days. Company insiders own 48.80% of the company’s stock.

BFS has been the topic of a number of research reports. BidaskClub upgraded Saul Centers from a “sell” rating to a “hold” rating in a research report on Wednesday, June 14th. Zacks Investment Research upgraded Saul Centers from a “sell” rating to a “hold” rating in a research report on Wednesday, July 26th. Finally, BMO Capital Markets upgraded Saul Centers from a “market perform” rating to an “outperform” rating in a research report on Monday, August 7th.

Saul Centers Profile

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.

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

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