Insider Selling: Saul Centers VP Sells 1,100 Shares of Stock (BFS)
Saul Centers (NYSE:BFS) VP John Collich unloaded 1,100 shares of the stock on the open market in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $45.00, for a total transaction of $49,500.00. Following the completion of the sale, the vice president now directly owns 21,244 shares in the company. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
A number of analysts have recently weighed in on BFS shares. Analysts at Capital One Financial Corp. initiated coverage on shares of Saul Centers (NYSE:BFS) in a research note to investors on Monday. They set an “add” rating on the stock. Separately, analysts at TheStreet upgraded shares of Saul Centers (NYSE:BFS) to a “hold” rating in a research note to investors on Thursday, August 1st. Finally, analysts at TheStreet downgraded shares of Saul Centers (NYSE:BFS) from a “hold” rating to a “sell” rating in a research note to investors on Friday, June 21st.
Saul Centers (NYSE:BFS) traded up 3.09% on Wednesday, hitting $45.73. 27,131 shares of the company’s stock traded hands. Saul Centers has a 52 week low of $40.14 and a 52 week high of $48.68. The stock’s 50-day moving average is $44.72 and its 200-day moving average is $44.83. The company has a market cap of $928.3 million and a P/E ratio of 103.40.
Saul Centers (NYSE:BFS) last posted its quarterly earnings results on Tuesday, July 30th. The company reported $0.63 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.63. The company had revenue of $48.80 million for the quarter, compared to the consensus estimate of $48.70 million. Analysts expect that Saul Centers will post $2.32 EPS for the current fiscal year.
Saul Centers, Inc (NYSE:BFS) operates as a real estate investment trust (a REIT).
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