GSA Capital Partners LLP Raises Holdings in Saul Centers, Inc. (NYSE:BFS)

GSA Capital Partners LLP grew its position in shares of Saul Centers, Inc. (NYSE:BFS) by 17.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 43,083 shares of the real estate investment trust’s stock after purchasing an additional 6,301 shares during the quarter. GSA Capital Partners LLP owned approximately 0.18% of Saul Centers worth $1,808,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. Los Angeles Capital Management LLC grew its holdings in shares of Saul Centers by 149.6% during the third quarter. Los Angeles Capital Management LLC now owns 40,512 shares of the real estate investment trust’s stock worth $1,700,000 after purchasing an additional 24,281 shares during the last quarter. Asset Management One Co. Ltd. grew its holdings in shares of Saul Centers by 9.0% during the third quarter. Asset Management One Co. Ltd. now owns 19,616 shares of the real estate investment trust’s stock worth $823,000 after purchasing an additional 1,627 shares during the last quarter. Everence Capital Management Inc. purchased a new position in shares of Saul Centers during the third quarter worth about $287,000. DiNuzzo Private Wealth Inc. purchased a new position in shares of Saul Centers during the third quarter worth about $25,000. Finally, SG Americas Securities LLC purchased a new position in shares of Saul Centers during the third quarter worth about $262,000. Hedge funds and other institutional investors own 49.99% of the company’s stock.

Saul Centers Price Performance

BFS stock opened at $40.70 on Wednesday. The firm has a 50 day moving average of $40.47 and a 200-day moving average of $38.64. Saul Centers, Inc. has a 12-month low of $34.53 and a 12-month high of $42.39. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 4.40. The company has a market cap of $982.50 million, a price-to-earnings ratio of 22.12 and a beta of 1.11.

Saul Centers Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Tuesday, October 15th were given a dividend of $0.59 per share. The ex-dividend date was Tuesday, October 15th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 5.80%. Saul Centers’s payout ratio is 128.26%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. B. Riley raised their price objective on shares of Saul Centers from $43.50 to $45.50 and gave the company a “buy” rating in a research report on Thursday, August 22nd. StockNews.com downgraded shares of Saul Centers from a “buy” rating to a “hold” rating in a research report on Friday, November 8th.

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.