Saul Centers (NYSE:BFS – Get Rating) had its price target decreased by B. Riley from $53.00 to $47.00 in a research report released on Monday, The Fly reports. B. Riley also issued estimates for Saul Centers’ Q4 2022 earnings at $0.72 EPS, FY2022 earnings at $3.03 EPS, Q1 2023 earnings at $0.75 EPS, Q2 2023 earnings at $0.78 EPS, Q3 2023 earnings at $0.76 EPS and FY2023 earnings at $3.05 EPS.
Several other equities analysts have also recently issued reports on the company. Raymond James decreased their price objective on Saul Centers from $56.00 to $50.00 and set an outperform rating for the company in a report on Thursday, September 1st. StockNews.com raised Saul Centers from a hold rating to a buy rating in a report on Monday, November 14th.
Saul Centers Trading Down 2.1 %
BFS opened at $42.55 on Monday. The stock’s fifty day moving average is $39.79 and its two-hundred day moving average is $44.60. The company has a market capitalization of $1.02 billion, a P/E ratio of 25.79 and a beta of 1.13. Saul Centers has a 52 week low of $36.21 and a 52 week high of $56.22. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 3.48.
Saul Centers Dividend Announcement
Institutional Investors Weigh In On Saul Centers
Large investors have recently bought and sold shares of the company. US Bancorp DE lifted its holdings in Saul Centers by 217.2% in the second quarter. US Bancorp DE now owns 850 shares of the real estate investment trust’s stock valued at $40,000 after acquiring an additional 582 shares during the last quarter. Financial Gravity Asset Management Inc. purchased a new stake in shares of Saul Centers during the second quarter worth $2,834,000. KBC Group NV increased its position in shares of Saul Centers by 25.5% during the first quarter. KBC Group NV now owns 2,114 shares of the real estate investment trust’s stock worth $111,000 after acquiring an additional 429 shares during the period. Mutual of America Capital Management LLC increased its position in shares of Saul Centers by 17.5% during the second quarter. Mutual of America Capital Management LLC now owns 2,207 shares of the real estate investment trust’s stock worth $104,000 after acquiring an additional 329 shares during the period. Finally, Captrust Financial Advisors purchased a new stake in shares of Saul Centers during the second quarter worth $136,000. 46.83% of the stock is currently owned by hedge funds and other institutional investors.
About Saul Centers
Saul Centers, Inc is a self-managed, self-administered equity REIT headquartered in Bethesda, Maryland, which currently operates and manages a real estate portfolio of 60 properties which includes (a) 50 community and neighborhood shopping centers and seven mixed-use properties with approximately 9.8 million square feet of leasable area and (b) three land and development properties.
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