Saul Centers, Inc. (BFS) Shares Sold by Teachers Insurance & Annuity Association of America

Teachers Insurance & Annuity Association of America trimmed its stake in Saul Centers, Inc. (NYSE:BFS) by 22.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,082 shares of the real estate investment trust’s stock after selling 3,185 shares during the quarter. Teachers Insurance & Annuity Association of America owned 0.05% of Saul Centers worth $643,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. State of Alaska Department of Revenue raised its position in Saul Centers by 79.3% during the second quarter. State of Alaska Department of Revenue now owns 2,331 shares of the real estate investment trust’s stock valued at $135,000 after acquiring an additional 1,031 shares in the last quarter. Mason Street Advisors LLC raised its position in Saul Centers by 7.0% during the first quarter. Mason Street Advisors LLC now owns 2,752 shares of the real estate investment trust’s stock valued at $170,000 after acquiring an additional 180 shares in the last quarter. Municipal Employees Retirement System of Michigan raised its position in Saul Centers by 4.9% during the second quarter. Municipal Employees Retirement System of Michigan now owns 2,780 shares of the real estate investment trust’s stock valued at $161,000 after acquiring an additional 130 shares in the last quarter. Karp Capital Management Corp bought a new position in Saul Centers during the first quarter valued at approximately $222,000. Finally, Citadel Advisors LLC bought a new position in Saul Centers during the first quarter valued at approximately $232,000. 45.16% of the stock is owned by institutional investors and hedge funds.

Several equities analysts recently weighed in on the stock. Zacks Investment Research raised shares of Saul Centers from a “sell” rating to a “hold” rating in a research report on Tuesday, September 12th. BidaskClub lowered shares of Saul Centers from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. Finally, BMO Capital Markets raised shares of Saul Centers from a “market perform” rating to an “outperform” rating in a research report on Monday, August 7th.

In other Saul Centers news, VP Charles W. Sherren, Jr. sold 2,453 shares of the company’s stock in a transaction that occurred on Tuesday, September 12th. The stock was sold at an average price of $61.72, for a total transaction of $151,399.16. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Steven N. Corey sold 5,000 shares of the company’s stock in a transaction that occurred on Friday, July 7th. The stock was sold at an average price of $59.04, for a total value of $295,200.00. Following the transaction, the vice president now directly owns 5,000 shares of the company’s stock, valued at approximately $295,200. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 8,544 shares of company stock valued at $513,177. Insiders own 48.80% of the company’s stock.

Saul Centers, Inc. (NYSE BFS) opened at 61.17 on Thursday. Saul Centers, Inc. has a 12 month low of $55.86 and a 12 month high of $68.33. The company’s 50-day moving average is $60.45 and its 200 day moving average is $60.30. The company has a market cap of $1.33 billion, a price-to-earnings ratio of 38.69 and a beta of 0.72.

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Saul Centers 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.

Institutional Ownership by Quarter for Saul Centers (NYSE:BFS)

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