Tudor Investment Corp ET AL Has $1.45 Million Stake in Saul Centers, Inc. (NYSE:BFS)

Tudor Investment Corp ET AL grew its position in Saul Centers, Inc. (NYSE:BFS) by 20.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 37,441 shares of the real estate investment trust’s stock after buying an additional 6,470 shares during the quarter. Tudor Investment Corp ET AL owned 0.15% of Saul Centers worth $1,453,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Assetmark Inc. increased its stake in Saul Centers by 1,249.5% in the fourth quarter. Assetmark Inc. now owns 1,336 shares of the real estate investment trust’s stock valued at $52,000 after acquiring an additional 1,237 shares during the last quarter. PNC Financial Services Group Inc. increased its stake 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 during the last quarter. KLP Kapitalforvaltning AS acquired a new position in shares of Saul Centers during the 4th quarter worth $105,000. Resona Asset Management Co. Ltd. acquired a new position in shares of Saul Centers during the 4th quarter worth $179,000. Finally, First Trust Advisors LP bought a new stake in shares of Saul Centers during the 4th quarter worth $215,000. Institutional investors own 49.99% of the company’s stock.

Saul Centers Stock Performance

Shares of Saul Centers stock opened at $33.12 on Tuesday. The company’s 50 day moving average price is $34.68 and its two-hundred day moving average price is $37.21. The firm has a market capitalization of $801.54 million, a P/E ratio of 18.00 and a beta of 1.08. The company has a debt-to-equity ratio of 4.61, a current ratio of 1.13 and a quick ratio of 1.13. Saul Centers, Inc. has a fifty-two week low of $31.59 and a fifty-two week high of $42.39.

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

Saul Centers Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 30th. Investors of record on Tuesday, April 15th were issued a $0.59 dividend. The ex-dividend date of this dividend was Tuesday, April 15th. This represents a $2.36 dividend on an annualized basis and a yield of 7.13%. Saul Centers’s dividend payout ratio (DPR) is presently 144.79%.

Analyst Ratings Changes

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

Saul Centers 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.