Saul Centers (BFS) Getting Somewhat Favorable Press Coverage, Study Shows
Media stories about Saul Centers (NYSE:BFS) have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Saul Centers earned a news impact score of 0.17 on Accern’s scale. Accern also assigned media coverage about the real estate investment trust an impact score of 44.3511450771291 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the headlines that may have effected Accern Sentiment’s analysis:
- Saul Centers, Inc. (BFS) Insider Sells $253,240.00 in Stock (americanbankingnews.com)
- Insider Selling: Saul Centers, Inc. (BFS) VP Sells 11,250 Shares of Stock (americanbankingnews.com)
- Head-To-Head Comparison: Saul Centers (BFS) versus The Competition (americanbankingnews.com)
- Saul Centers, Inc. (BFS) Insider Sells $63,470.00 in Stock (americanbankingnews.com)
- $56.84 Million in Sales Expected for Saul Centers, Inc. (BFS) This Quarter (americanbankingnews.com)
Shares of Saul Centers (NYSE:BFS) traded up 1.07% on Wednesday, reaching $64.34. 43,778 shares of the company were exchanged. The company has a 50-day moving average price of $61.65 and a 200 day moving average price of $60.34. Saul Centers has a 1-year low of $55.86 and a 1-year high of $68.33. The stock has a market capitalization of $1.40 billion, a PE ratio of 40.70 and a beta of 0.72.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 31st. Stockholders of record on Tuesday, October 17th will be paid a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a dividend yield of 3.20%. The ex-dividend date is Monday, October 16th. Saul Centers’s dividend payout ratio (DPR) is currently 129.11%.
A number of brokerages recently issued reports on BFS. Zacks Investment Research upgraded shares of Saul Centers from a “sell” rating to a “hold” rating in a research note on Tuesday, September 12th. BMO Capital Markets upgraded shares of Saul Centers from a “market perform” rating to an “outperform” rating in a research note on Monday, August 7th. Finally, BidaskClub downgraded shares of Saul Centers from a “hold” rating to a “sell” rating in a research note on Friday, July 28th.
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In other news, insider Christopher Netter sold 1,000 shares of the stock in a transaction that occurred on Wednesday, October 4th. The stock was sold at an average price of $63.47, for a total transaction of $63,470.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Charles W. Sherren, Jr. sold 2,453 shares of the stock in a transaction that occurred on Tuesday, September 12th. The shares were sold at an average price of $61.72, for a total value of $151,399.16. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 37,328 shares of company stock valued at $2,335,487. Company insiders own 48.80% of the company’s stock.
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.
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