1 day Ago By Defense World Staff
Saul Centers, Inc. ( NYSE:BFS – Get Free Report ) was the target of a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 128,600 shares, a growth of 5.
8% from the August 15th total of 121,500 shares. Based on an average trading volume of 48,600 shares, the days-to-cover ratio is presently 2.6 days.
Approximately 1.0% of the company’s shares are sold short. Saul Centers Stock Up 0.
5 % NYSE:BFS traded up $0.19 during trading hours on Wednesday, hitting $40.47.
69,011 shares of the company’s stock traded hands, compared to its average volume of 52,215. Saul Centers has a twelve month low of $33.56 and a twelve month high of $41.
63. The firm has a market cap of $970.55 million, a P/E ratio of 23.
39 and a beta of 1.10. The company has a debt-to-equity ratio of 4.
40, a quick ratio of 0.83 and a current ratio of 0.83.
The stock’s fifty day moving average price is $39.48 and its two-hundred day moving average price is $37.76.
Saul Centers ( NYSE:BFS – Get Free Report ) last posted its quarterly earnings results on Thursday, August 1st. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.
77 by ($0.29). Saul Centers had a return on equity of 16.
61% and a net margin of 20.49%. The company had revenue of $66.
94 million during the quarter, compared to analysts’ expectations of $65.54 million. On average, research analysts expect that Saul Centers will post 3.
12 earnings per share for the current fiscal year. Saul Centers Announces Dividend Hedge Funds Weigh In On Saul Centers Hedge funds have recently modified their holdings of the stock. Cubist Systematic Strategies LLC purchased a new position in Saul Centers in the second quarter valued at about $228,000.
Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Saul Centers during the 2nd quarter valued at about $102,000.
Susquehanna Fundamental Investments LLC grew its stake in shares of Saul Centers by 55.9% in the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 9,079 shares of the real estate investment trust’s stock valued at $334,000 after buying an additional 3,255 shares in the last quarter.
Millennium Management LLC acquired a new position in Saul Centers in the second quarter worth approximately $3,272,000. Finally, AQR Capital Management LLC raised its position in Saul Centers by 115.0% during the second quarter.
AQR Capital Management LLC now owns 59,675 shares of the real estate investment trust’s stock valued at $2,194,000 after acquiring an additional 31,919 shares in the last quarter. 49.99% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes Separately, B. Riley raised their price objective on shares of Saul Centers from $43.50 to $45.
50 and gave the stock a “buy” rating in a research note on Thursday, August 22nd. Get Our Latest Analysis on Saul Centers Saul Centers Company Profile ( Get Free Report ) Saul Centers is a self-managed, self-administered equity REIT headquartered in Bethesda, Maryland. Saul Centers currently operates and manages a real estate portfolio comprised of 61 properties that includes (a) 57 community and neighborhood Shopping Centers and Mixed-Use properties with approximately 9.
8 million square feet of leasable area and (b) four land and development properties. See Also Five stocks we like better than Saul Centers Financial Services Stocks Investing How Much Can You Make in Stocks in One Month? How to Invest in the Best Canadian Stocks This Is the Top Large-Cap Stock Insiders Are Buying Why Understanding Call Option Volume is Essential to Successful Options Trading Capitalize on Micron’s 24% Drop—Wall Street Eyes Major Upside Receive News & Ratings for Saul Centers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Saul Centers and related companies with MarketBeat.com's FREE daily email newsletter .
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