Jane Street Group LLC Has $1.44 Million Holdings in Saul Centers, Inc. (NYSE:BFS)

Jane Street Group LLC grew its holdings in Saul Centers, Inc. (NYSE:BFS) by 75.7% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 34,240 shares of the real estate investment trust’s stock after acquiring an additional 14,755 shares during the period. Jane Street Group LLC’s holdings in Saul Centers were worth $1,437,000 as of its most recent filing with the Securities & Exchange Commission.

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

Saul Centers Price Performance

Saul Centers stock opened at $38.35 on Friday. The company has a debt-to-equity ratio of 4.61, a quick ratio of 1.13 and a current ratio of 1.13. Saul Centers, Inc. has a 52-week low of $34.87 and a 52-week high of $42.39. The stock’s 50 day moving average price is $39.93 and its two-hundred day moving average price is $39.40. The stock has a market capitalization of $926.96 million, a price-to-earnings ratio of 20.84 and a beta of 1.11.

Saul Centers Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be paid a $0.59 dividend. The ex-dividend date is Wednesday, January 15th. This represents a $2.36 annualized dividend and a dividend yield of 6.15%. Saul Centers’s dividend payout ratio is presently 128.26%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of Saul Centers from a “buy” rating to a “hold” rating in a research note on Wednesday, December 18th.

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.