Integrated Quantitative Investments LLC Invests $601,000 in Saul Centers, Inc. (NYSE:BFS)

Integrated Quantitative Investments LLC bought a new stake in shares of Saul Centers, Inc. (NYSE:BFS) during the 4th quarter, according to its most recent filing with the SEC. The firm bought 15,500 shares of the real estate investment trust’s stock, valued at approximately $601,000. Integrated Quantitative Investments LLC owned 0.06% of Saul Centers as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Assetmark Inc. increased its position in shares of Saul Centers by 1,249.5% during the fourth quarter. Assetmark Inc. now owns 1,336 shares of the real estate investment trust’s stock worth $52,000 after acquiring an additional 1,237 shares during the last quarter. PNC Financial Services Group Inc. raised its position in shares of Saul Centers by 12.7% in the 4th quarter. PNC Financial Services Group Inc. now owns 2,418 shares of the real estate investment trust’s stock valued at $94,000 after purchasing an additional 273 shares in the last quarter. KLP Kapitalforvaltning AS purchased a new position in shares of Saul Centers during the 4th quarter valued at approximately $105,000. The Manufacturers Life Insurance Company bought a new stake in shares of Saul Centers in the third quarter worth $202,000. Finally, ExodusPoint Capital Management LP raised its holdings in Saul Centers by 23.9% in the fourth quarter. ExodusPoint Capital Management LP now owns 7,837 shares of the real estate investment trust’s stock valued at $304,000 after acquiring an additional 1,514 shares in the last quarter. 49.99% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Saul Centers from a “buy” rating to a “hold” rating in a research report on Friday, March 7th.

Saul Centers Stock Performance

Shares of BFS stock opened at $34.30 on Friday. Saul Centers, Inc. has a 12-month low of $34.22 and a 12-month high of $42.39. 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 firm has a market capitalization of $829.97 million, a price-to-earnings ratio of 18.64 and a beta of 0.97. The business has a 50 day simple moving average of $36.41 and a 200 day simple moving average of $38.50.

Saul Centers (NYSE:BFS) last released its quarterly earnings results on Friday, February 28th. The real estate investment trust reported $0.63 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.31. The company had revenue of $67.92 million for the quarter, compared to the consensus estimate of $68.94 million. Saul Centers had a net margin of 20.84% and a return on equity of 17.16%. On average, equities research analysts anticipate that Saul Centers, Inc. will post 3.14 EPS for the current year.

Saul Centers Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 15th will be given a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 6.88%. The ex-dividend date of this dividend is Tuesday, April 15th. Saul Centers’s dividend payout ratio (DPR) is presently 144.79%.

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.