Susquehanna Fundamental Investments LLC Invests $296,000 in Saul Centers, Inc. (NYSE:BFS)

Susquehanna Fundamental Investments LLC bought a new stake in Saul Centers, Inc. (NYSE:BFS - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 7,635 shares of the real estate investment trust's stock, valued at approximately $296,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of BFS. Assetmark Inc. grew its stake in shares of Saul Centers by 1,249.5% during 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. increased its stake in Saul Centers by 12.7% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,418 shares of the real estate investment trust's stock worth $94,000 after acquiring an additional 273 shares during the last quarter. KLP Kapitalforvaltning AS purchased a new position in shares of Saul Centers in the 4th quarter worth about $105,000. Resona Asset Management Co. Ltd. acquired a new position in shares of Saul Centers in the 4th quarter valued at about $179,000. Finally, First Trust Advisors LP purchased a new stake in shares of Saul Centers during the 4th quarter worth about $215,000. Institutional investors and hedge funds own 49.99% of the company's stock.

Saul Centers Trading Up 2.1 %

Shares of BFS opened at $33.44 on Monday. Saul Centers, Inc. has a 12 month low of $31.59 and a 12 month high of $42.39. The stock's 50-day moving average is $34.76 and its two-hundred day moving average is $37.26. The company has a debt-to-equity ratio of 4.61, a current ratio of 1.13 and a quick ratio of 1.13. The stock has a market cap of $809.35 million, a PE ratio of 18.18 and a beta of 1.08.

Saul Centers (NYSE:BFS - Get Free Report) last released its quarterly earnings results on Friday, February 28th. The real estate investment trust reported $0.63 EPS for the quarter, topping the consensus estimate of $0.32 by $0.31. Saul Centers had a return on equity of 17.16% and a net margin of 20.84%. The firm had revenue of $67.92 million for the quarter, compared to analyst estimates of $68.94 million. Equities analysts forecast that Saul Centers, Inc. will post 3.14 earnings per share for the current fiscal year.

Saul Centers Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 30th. Investors of record on Tuesday, April 15th were issued a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a yield of 7.06%. The ex-dividend date of this dividend was Tuesday, April 15th. Saul Centers's payout ratio is 144.79%.

Wall Street Analysts Forecast Growth

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

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.

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