Saul Centers Inc (NYSE:BFS) – Equities research analysts at Capital One Financial cut their FY2017 earnings per share (EPS) estimates for Saul Centers in a note issued to investors on Monday. Capital One Financial analyst C. Lucas now anticipates that the real estate investment trust will earn $3.19 per share for the year, down from their previous estimate of $3.24. Capital One Financial also issued estimates for Saul Centers’ Q4 2017 earnings at $0.77 EPS, Q1 2018 earnings at $0.80 EPS, Q2 2018 earnings at $0.80 EPS, Q3 2018 earnings at $0.82 EPS, Q4 2018 earnings at $0.81 EPS and FY2019 earnings at $3.41 EPS.

A number of other equities research analysts also recently weighed in on BFS. Zacks Investment Research raised Saul Centers from a “sell” rating to a “hold” rating in a research report on Monday, February 5th. Raymond James Financial reaffirmed a “hold” rating on shares of Saul Centers in a research report on Monday, December 4th.

Shares of Saul Centers (NYSE:BFS) opened at $51.06 on Wednesday. Saul Centers has a 12-month low of $48.17 and a 12-month high of $66.14. The firm has a market capitalization of $1,098.07, a PE ratio of 15.92, a P/E/G ratio of 3.05 and a beta of 0.60. The company has a debt-to-equity ratio of 4.62, a quick ratio of 2.68 and a current ratio of 2.68.

A number of hedge funds and other institutional investors have recently modified their holdings of BFS. TIAA CREF Investment Management LLC boosted its holdings in Saul Centers by 17.9% in the second quarter. TIAA CREF Investment Management LLC now owns 46,972 shares of the real estate investment trust’s stock worth $2,723,000 after acquiring an additional 7,130 shares in the last quarter. Nationwide Fund Advisors boosted its holdings in Saul Centers by 14.4% in the second quarter. Nationwide Fund Advisors now owns 7,036 shares of the real estate investment trust’s stock worth $408,000 after acquiring an additional 885 shares in the last quarter. BlackRock Inc. boosted its holdings in Saul Centers by 2.7% in the second quarter. BlackRock Inc. now owns 1,748,798 shares of the real estate investment trust’s stock worth $101,395,000 after acquiring an additional 45,574 shares in the last quarter. New York State Common Retirement Fund boosted its holdings in Saul Centers by 16.8% in the second quarter. New York State Common Retirement Fund now owns 12,500 shares of the real estate investment trust’s stock worth $725,000 after acquiring an additional 1,799 shares in the last quarter. Finally, UBS Asset Management Americas Inc. boosted its holdings in Saul Centers by 1.2% in the second quarter. UBS Asset Management Americas Inc. now owns 16,819 shares of the real estate investment trust’s stock worth $975,000 after acquiring an additional 200 shares in the last quarter. 45.34% of the stock is owned by institutional investors and hedge funds.

In related news, insider James Page Lansdale sold 2,372 shares of the firm’s stock in a transaction dated Tuesday, December 12th. The stock was sold at an average price of $62.50, for a total transaction of $148,250.00. Following the sale, the insider now owns 2,972 shares of the company’s stock, valued at $185,750. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In the last ninety days, insiders have sold 20,999 shares of company stock worth $1,329,716. 48.80% of the stock is owned by corporate insiders.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 31st. Investors of record on Wednesday, January 17th were given a dividend of $0.52 per share. The ex-dividend date of this dividend was Tuesday, January 16th. This represents a $2.08 dividend on an annualized basis and a yield of 4.07%. This is an increase from Saul Centers’s previous quarterly dividend of $0.51. Saul Centers’s dividend payout ratio (DPR) is presently 127.61%.

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Saul Centers Company Profile

Saul Centers, Inc operates as a real estate investment trust. The Company’s principal business activity is the ownership, management and development of income-producing properties. It operates through two segments: Shopping Centers and Mixed-Use Properties. The Company, which conducts all of its activities through its subsidiaries, the Saul Holdings Limited Partnership (Operating Partnership) and Subsidiary Partnerships, engages in the ownership, operation, management, leasing, acquisition, renovation, expansion, development and financing of community and neighborhood shopping centers and mixed-used properties in the Washington, District of Columbia/Baltimore metropolitan area.

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