Saul Centers, Inc. (NYSE:BFS) Shares Purchased by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Saul Centers, Inc. (NYSE:BFS) by 30.9% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,515 shares of the real estate investment trust’s stock after acquiring an additional 5,073 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Saul Centers were worth $903,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of BFS. Renaissance Technologies LLC boosted its holdings in shares of Saul Centers by 10.2% during the second quarter. Renaissance Technologies LLC now owns 228,474 shares of the real estate investment trust’s stock valued at $8,401,000 after acquiring an additional 21,100 shares during the period. Dimensional Fund Advisors LP lifted its position in Saul Centers by 2.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 209,840 shares of the real estate investment trust’s stock valued at $7,715,000 after purchasing an additional 5,330 shares during the last quarter. Millennium Management LLC acquired a new position in Saul Centers during the 2nd quarter valued at about $3,272,000. AQR Capital Management LLC grew its position in Saul Centers by 115.0% in the 2nd quarter. AQR Capital Management LLC now owns 59,675 shares of the real estate investment trust’s stock worth $2,194,000 after purchasing an additional 31,919 shares during the last quarter. Finally, GSA Capital Partners LLP increased its stake in shares of Saul Centers by 17.1% in the third quarter. GSA Capital Partners LLP now owns 43,083 shares of the real estate investment trust’s stock valued at $1,808,000 after purchasing an additional 6,301 shares during the period. 49.99% of the stock is currently owned by institutional investors and hedge funds.

Saul Centers Stock Performance

Shares of BFS opened at $38.23 on Friday. The firm has a market capitalization of $924.06 million, a PE ratio of 20.78 and a beta of 1.11. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 4.61. The firm has a 50-day moving average price of $40.16 and a 200 day moving average price of $39.31. Saul Centers, Inc. has a 52-week low of $34.87 and a 52-week high of $42.39.

Saul Centers Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be issued a $0.59 dividend. This represents a $2.36 annualized dividend and a dividend yield of 6.17%. The ex-dividend date of this dividend is Wednesday, January 15th. Saul Centers’s dividend payout ratio (DPR) is presently 128.26%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. StockNews.com downgraded Saul Centers from a “buy” rating to a “hold” rating in a research report on Wednesday. B. Riley boosted their price target on Saul Centers from $43.50 to $45.50 and gave the stock a “buy” rating in a research report on Thursday, August 22nd.

About Saul Centers

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.