Barclays PLC Acquires 15,424 Shares of Saul Centers, Inc. (NYSE:BFS)

Barclays PLC grew its holdings in Saul Centers, Inc. (NYSE:BFS) by 280.0% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 20,932 shares of the real estate investment trust’s stock after purchasing an additional 15,424 shares during the period. Barclays PLC owned about 0.09% of Saul Centers worth $878,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Inspire Investing LLC raised its stake in shares of Saul Centers by 3.3% during the 2nd quarter. Inspire Investing LLC now owns 9,668 shares of the real estate investment trust’s stock worth $355,000 after purchasing an additional 310 shares in the last quarter. DiNuzzo Private Wealth Inc. acquired a new position in Saul Centers during the third quarter worth $25,000. Point72 Asia Singapore Pte. Ltd. raised its position in Saul Centers by 31.2% during the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 3,648 shares of the real estate investment trust’s stock worth $153,000 after acquiring an additional 868 shares in the last quarter. Texas Permanent School Fund Corp lifted its stake in Saul Centers by 9.9% in the second quarter. Texas Permanent School Fund Corp now owns 11,383 shares of the real estate investment trust’s stock valued at $419,000 after acquiring an additional 1,028 shares during the last quarter. Finally, Asset Management One Co. Ltd. grew its position in shares of Saul Centers by 9.0% in the 3rd quarter. Asset Management One Co. Ltd. now owns 19,616 shares of the real estate investment trust’s stock valued at $823,000 after acquiring an additional 1,627 shares during the period. Institutional investors own 49.99% of the company’s stock.

Saul Centers Stock Up 0.4 %

BFS opened at $38.80 on Wednesday. The stock’s fifty day simple moving average is $39.89 and its 200 day simple moving average is $39.46. Saul Centers, Inc. has a 1-year low of $34.87 and a 1-year high of $42.39. The stock has a market cap of $937.83 million, a PE ratio of 21.09 and a beta of 1.11. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 4.61.

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 given a $0.59 dividend. This represents a $2.36 annualized dividend and a dividend yield of 6.08%. The ex-dividend date of this dividend is Wednesday, January 15th. Saul Centers’s payout ratio is presently 128.26%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of Saul Centers from a “buy” rating to a “hold” rating in a report 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.