Saul Centers (NYSE:BFS) Earning Somewhat Favorable Press Coverage, Analysis Shows

Press coverage about Saul Centers (NYSE:BFS) has been trending somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Saul Centers earned a coverage optimism score of 0.17 on Accern’s scale. Accern also assigned news headlines about the real estate investment trust an impact score of 46.5113850740645 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Here are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:

Shares of Saul Centers (NYSE:BFS) opened at 59.25 on Friday. The company’s 50-day moving average is $59.44 and its 200 day moving average is $61.05. The stock has a market cap of $1.29 billion, a PE ratio of 37.48 and a beta of 0.73. Saul Centers has a 52 week low of $55.86 and a 52 week high of $68.75.

The company also recently declared a quarterly dividend, which was paid on Monday, July 31st. Stockholders of record on Monday, July 17th were issued a dividend of $0.51 per share. The ex-dividend date of this dividend was Thursday, July 13th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 3.44%. Saul Centers’s dividend payout ratio (DPR) is presently 129.11%.

Several analysts recently issued reports on the stock. BidaskClub raised shares of Saul Centers from a “sell” rating to a “hold” rating in a research note on Wednesday. BMO Capital Markets raised shares of Saul Centers from a “market perform” rating to an “outperform” rating in a research note on Monday, August 7th. Finally, Zacks Investment Research cut shares of Saul Centers from a “hold” rating to a “sell” rating in a research note on Thursday. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company’s stock. Saul Centers presently has an average rating of “Hold” and an average price target of $72.00.

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In other news, Director Patrick F. Noonan sold 5,000 shares of Saul Centers stock in a transaction dated Wednesday, May 24th. The shares were sold at an average price of $58.00, for a total transaction of $290,000.00. Following the completion of the sale, the director now directly owns 12,588 shares in the company, valued at $730,104. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Over the last quarter, insiders have sold 15,000 shares of company stock valued at $885,800. Insiders own 48.80% of the company’s stock.

Saul Centers Company 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.

Insider Buying and Selling by Quarter for Saul Centers (NYSE:BFS)

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