Saul Centers Inc (NYSE:BFS) Director Patrick F. Noonan sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, May 24th. The stock was sold at an average price of $58.00, for a total transaction of $290,000.00. Following the completion of the sale, the director now directly owns 12,588 shares of the company’s stock, valued at approximately $730,104. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Patrick F. Noonan also recently made the following trade(s):

  • On Monday, April 3rd, Patrick F. Noonan sold 2,500 shares of Saul Centers stock. The shares were sold at an average price of $61.42, for a total transaction of $153,550.00.

Saul Centers Inc (NYSE:BFS) traded down 0.67% during mid-day trading on Thursday, hitting $58.17. 19,844 shares of the stock traded hands. The stock has a 50-day moving average price of $60.88 and a 200-day moving average price of $63.21. Saul Centers Inc has a 12 month low of $55.73 and a 12 month high of $68.75. The stock has a market cap of $1.25 billion, a P/E ratio of 37.48 and a beta of 0.72.

Insider Buying and Selling by Quarter for Saul Centers (NYSE:BFS)

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 28th. Stockholders of record on Friday, April 14th were issued a $0.51 dividend. The ex-dividend date was Tuesday, April 11th. This represents a $2.04 annualized dividend and a dividend yield of 3.48%. Saul Centers’s dividend payout ratio is currently 134.21%.

WARNING: “Saul Centers Inc (BFS) Director Sells $290,000.00 in Stock” was originally published by American Banking News and is the property of of American Banking News. If you are accessing this article on another domain, it was illegally stolen and republished in violation of U.S. & international copyright and trademark law. The correct version of this article can be accessed at https://www.americanbankingnews.com/2017/05/25/saul-centers-inc-bfs-director-sells-290000-00-in-stock.html.

Several institutional investors have recently modified their holdings of the company. BlackRock Fund Advisors raised its position in shares of Saul Centers by 13.0% in the third quarter. BlackRock Fund Advisors now owns 778,378 shares of the real estate investment trust’s stock valued at $51,840,000 after buying an additional 89,764 shares in the last quarter. Teachers Advisors LLC raised its position in shares of Saul Centers by 0.3% in the fourth quarter. Teachers Advisors LLC now owns 144,277 shares of the real estate investment trust’s stock valued at $9,610,000 after buying an additional 374 shares in the last quarter. BlackRock Investment Management LLC raised its position in shares of Saul Centers by 2.2% in the third quarter. BlackRock Investment Management LLC now owns 43,158 shares of the real estate investment trust’s stock valued at $2,874,000 after buying an additional 937 shares in the last quarter. Chevy Chase Trust Holdings Inc. raised its position in shares of Saul Centers by 2.9% in the first quarter. Chevy Chase Trust Holdings Inc. now owns 17,675 shares of the real estate investment trust’s stock valued at $1,089,000 after buying an additional 500 shares in the last quarter. Finally, Security Capital Research & Management Inc. raised its position in shares of Saul Centers by 2.8% in the third quarter. Security Capital Research & Management Inc. now owns 30,025 shares of the real estate investment trust’s stock valued at $2,000,000 after buying an additional 825 shares in the last quarter. Hedge funds and other institutional investors own 45.63% of the company’s stock.

About Saul Centers

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.

12 Month Chart for NYSE:BFS

Receive News & Ratings for Saul Centers Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Saul Centers Inc and related companies with MarketBeat.com's FREE daily email newsletter.