Saul Centers, Inc. $BFS Shares Purchased by Goldman Sachs Group Inc.

Goldman Sachs Group Inc. grew its position in Saul Centers, Inc. (NYSE:BFS) by 36.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 119,824 shares of the real estate investment trust’s stock after acquiring an additional 31,722 shares during the quarter. Goldman Sachs Group Inc. owned about 0.50% of Saul Centers worth $4,322,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Citadel Advisors LLC increased its stake in Saul Centers by 84.6% during the fourth quarter. Citadel Advisors LLC now owns 38,421 shares of the real estate investment trust’s stock worth $1,491,000 after acquiring an additional 17,613 shares during the last quarter. Mackenzie Financial Corp acquired a new stake in Saul Centers during the fourth quarter worth $208,000. Nuveen Asset Management LLC increased its stake in Saul Centers by 19.4% during the fourth quarter. Nuveen Asset Management LLC now owns 80,467 shares of the real estate investment trust’s stock worth $3,122,000 after acquiring an additional 13,100 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of Saul Centers by 5,187.5% in the first quarter. GAMMA Investing LLC now owns 9,306 shares of the real estate investment trust’s stock valued at $336,000 after buying an additional 9,130 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. grew its stake in shares of Saul Centers by 6.7% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 7,113 shares of the real estate investment trust’s stock valued at $276,000 after buying an additional 449 shares in the last quarter. Institutional investors and hedge funds own 49.99% of the company’s stock.

Saul Centers Trading Up 0.2%

BFS opened at $31.88 on Thursday. Saul Centers, Inc. has a 12 month low of $31.25 and a 12 month high of $42.39. The stock has a market capitalization of $776.92 million, a price-to-earnings ratio of 24.15 and a beta of 1.19. The company has a debt-to-equity ratio of 5.16, a current ratio of 1.28 and a quick ratio of 1.28. The business has a fifty day moving average price of $33.03 and a 200 day moving average price of $33.88.

Saul Centers (NYSE:BFS) last released its earnings results on Thursday, August 7th. The real estate investment trust reported $0.73 EPS for the quarter, missing the consensus estimate of $0.75 by ($0.02). Saul Centers had a return on equity of 13.79% and a net margin of 15.51%.The company had revenue of $69.43 million for the quarter, compared to analyst estimates of $71.39 million. Sell-side analysts expect that Saul Centers, Inc. will post 3.14 earnings per share for the current fiscal year.

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.