Insider Selling: Charles W. Sherren, Jr. Sells 5,000 Shares of Saul Centers Stock (BFS)
Saul Centers (NYSE:BFS) VP Charles W. Sherren, Jr. sold 5,000 shares of the stock on the open market in a transaction dated Thursday, August 21st. The shares were sold at an average price of $50.20, for a total value of $251,000.00. Following the sale, the vice president now directly owns 3,077 shares in the company, valued at approximately $154,465. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Shares of Saul Centers (NYSE:BFS) traded down 0.82% on Monday, hitting $49.47. The stock had a trading volume of 16,081 shares. Saul Centers has a 52 week low of $42.69 and a 52 week high of $51.32. The stock has a 50-day moving average of $49.1 and a 200-day moving average of $47.60. The company has a market cap of $1.029 billion and a price-to-earnings ratio of 31.45.
Saul Centers (NYSE:BFS) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.62 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.70 by $0.08. The company had revenue of $52.30 million for the quarter, compared to the consensus estimate of $48.26 million. Analysts expect that Saul Centers will post $2.91 EPS for the current fiscal year.
Saul Centers, Inc (NYSE:BFS) operates as a real estate investment trust (a REIT).
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