Media coverage about Saul Centers (NYSE:BFS) has trended somewhat positive this week, AlphaOne Sentiment reports. The research group, a subsidiary of Accern, scores the sentiment of media coverage by analyzing more than 20 million news and blog sources. AlphaOne ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Saul Centers earned a news impact score of 0.16 on AlphaOne’s scale. AlphaOne also gave news headlines about the real estate investment trust an impact score of 68 out of 100, meaning that recent media coverage is likely to have an effect on the stock’s share price in the near future.
Shares of Saul Centers (NYSE:BFS) traded up 3.18% on Friday, reaching $58.71. 24,354 shares of the company’s stock were exchanged. Saul Centers has a one year low of $54.95 and a one year high of $68.75. The stock has a market cap of $1.26 billion, a price-to-earnings ratio of 37.83 and a beta of 0.72. The company’s 50 day moving average is $61.25 and its 200-day moving average is $63.21.
The company also recently announced a quarterly dividend, which was paid on Friday, April 28th. Investors of record on Friday, April 14th were paid a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a yield of 3.59%. The ex-dividend date of this dividend was Tuesday, April 11th. Saul Centers’s payout ratio is 134.21%.
In other Saul Centers news, insider Scott V. Schneider sold 5,560 shares of the stock in a transaction dated Tuesday, April 4th. The stock was sold at an average price of $62.26, for a total value of $346,165.60. Following the sale, the insider now owns 4,500 shares of the company’s stock, valued at approximately $280,170. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John E. Chapoton sold 2,500 shares of the stock in a transaction dated Friday, April 7th. The shares were sold at an average price of $62.92, for a total value of $157,300.00. Following the completion of the sale, the director now directly owns 8,499 shares in the company, valued at approximately $534,757.08. The disclosure for this sale can be found here. In the last three months, insiders have sold 10,560 shares of company stock worth $657,016. 50.80% of the stock is owned by corporate insiders.
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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