Saul Centers, Inc. (NYSE:BFS) Shares Bought by Nuveen Asset Management LLC

Nuveen Asset Management LLC raised its holdings in Saul Centers, Inc. (NYSE:BFS - Free Report) by 19.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 80,467 shares of the real estate investment trust's stock after buying an additional 13,100 shares during the period. Nuveen Asset Management LLC owned approximately 0.33% of Saul Centers worth $3,122,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Assetmark Inc. boosted its position in Saul Centers by 1,249.5% in the 4th quarter. Assetmark Inc. now owns 1,336 shares of the real estate investment trust's stock valued at $52,000 after buying an additional 1,237 shares during the period. PNC Financial Services Group Inc. lifted its position in shares of Saul Centers by 12.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,418 shares of the real estate investment trust's stock worth $94,000 after purchasing an additional 273 shares during the last quarter. KLP Kapitalforvaltning AS purchased a new stake in shares of Saul Centers during the 4th quarter worth $105,000. Resona Asset Management Co. Ltd. purchased a new stake in shares of Saul Centers during the 4th quarter worth $179,000. Finally, First Trust Advisors LP purchased a new stake in shares of Saul Centers during the 4th quarter worth $215,000. Hedge funds and other institutional investors own 49.99% of the company's stock.

Saul Centers Stock Down 1.7%

NYSE:BFS traded down $0.58 during midday trading on Thursday, hitting $34.06. 73,427 shares of the company were exchanged, compared to its average volume of 50,227. The company has a fifty day simple moving average of $33.37 and a 200 day simple moving average of $36.22. Saul Centers, Inc. has a fifty-two week low of $31.25 and a fifty-two week high of $42.39. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 4.61. The company has a market capitalization of $824.17 million, a PE ratio of 18.51 and a beta of 1.10.

Saul Centers (NYSE:BFS - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The real estate investment trust reported $0.71 EPS for the quarter, missing the consensus estimate of $0.73 by ($0.02). Saul Centers had a return on equity of 17.16% and a net margin of 20.84%. The company had revenue of $70.55 million for the quarter, compared to analyst estimates of $69.76 million. As a group, equities analysts anticipate that Saul Centers, Inc. will post 3.14 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Wall Street Zen cut shares of Saul Centers from a "buy" rating to a "hold" rating in a research report on Friday, March 7th.

Insider Buying and Selling

In other Saul Centers news, CEO B Francis Saul II acquired 2,821 shares of the company's stock in a transaction on Wednesday, May 14th. The shares were bought at an average cost of $33.22 per share, for a total transaction of $93,713.62. Following the completion of the purchase, the chief executive officer now owns 217,397 shares in the company, valued at $7,221,928.34. This trade represents a 1.31% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders have purchased 10,210 shares of company stock worth $341,786 in the last ninety days. 50.20% of the stock is owned by corporate insiders.

Saul Centers Company Profile

Saul Centers is a self-managed, self-administered equity REIT headquartered in Bethesda, Maryland. Saul Centers currently operates and manages a real estate portfolio comprised of 61 properties that includes (a) 57 community and neighborhood Shopping Centers and Mixed-Use properties with approximately 9.8 million square feet of leasable area and (b) four land and development properties.