Does Saul Centers, Inc. (BFS) Have Any Gas After Achieving Yearly Low?

April 16, 2018 - By Ellis Scott

Saul Centers, Inc. (NYSE:BFS) Logo

Investors sentiment increased to 1.14 in 2017 Q4. Its up 0.09, from 1.05 in 2017Q3. It increased, as 9 investors sold Saul Centers, Inc. shares while 35 reduced holdings. 14 funds opened positions while 36 raised stakes. 9.96 million shares or 0.44% more from 9.92 million shares in 2017Q3 were reported.
Sei stated it has 0% in Saul Centers, Inc. (NYSE:BFS). 263,927 were reported by Axa. Northern Trust Corp owns 211,311 shares. Parallax Volatility Advisers Lp has 0% invested in Saul Centers, Inc. (NYSE:BFS). Schwab Charles Invest holds 0.01% or 129,426 shares in its portfolio. Toronto Dominion Comml Bank holds 0% of its portfolio in Saul Centers, Inc. (NYSE:BFS) for 9 shares. State Street Corporation owns 479,751 shares for 0% of their portfolio. Retail Bank Of America Corp De invested in 15,039 shares. Ameriprise holds 0% in Saul Centers, Inc. (NYSE:BFS) or 78,774 shares. Ls Investment Advisors holds 325 shares or 0% of its portfolio. Price T Rowe Incorporated Md has 0.01% invested in Saul Centers, Inc. (NYSE:BFS). Amundi Pioneer Asset Mgmt stated it has 4,855 shares or 0% of all its holdings. 25,201 are held by Asset Mgmt One Company Ltd. Manufacturers Life Insur Communication The holds 0% in Saul Centers, Inc. (NYSE:BFS) or 9,466 shares. Vanguard Grp accumulated 2.13 million shares.

Since December 12, 2017, it had 0 insider purchases, and 2 sales for $623,297 activity.

The stock of Saul Centers, Inc. (NYSE:BFS) hit a new 52-week low and has $47.82 target or 4.00 % below today’s $49.81 share price. The 8 months bearish chart indicates high risk for the $1.47 billion company. The 1-year low was reported on Apr, 16 by Barchart.com. If the $47.82 price target is reached, the company will be worth $58.88 million less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock.

The stock increased 1.24% or $0.61 during the last trading session, reaching $49.81. About 8,748 shares traded. Saul Centers, Inc. (NYSE:BFS) has declined 18.79% since April 16, 2017 and is downtrending. It has underperformed by 30.34% the S&P500.

Analysts await Saul Centers, Inc. (NYSE:BFS) to report earnings on May, 3. They expect $0.80 earnings per share, down 8.05 % or $0.07 from last year’s $0.87 per share. BFS’s profit will be $23.64M for 15.57 P/E if the $0.80 EPS becomes a reality. After $0.76 actual earnings per share reported by Saul Centers, Inc. for the previous quarter, Wall Street now forecasts 5.26 % EPS growth.

Saul Centers, Inc. (NYSE:BFS) Ratings Coverage

Among 4 analysts covering Saul Centers (NYSE:BFS), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. Saul Centers had 4 analyst reports since December 4, 2017 according to SRatingsIntel. The firm has “Hold” rating given on Monday, December 4 by Raymond James. The stock of Saul Centers, Inc. (NYSE:BFS) earned “Hold” rating by FBR Capital on Thursday, April 5.

Saul Centers, Inc. is a self-managed, self-administered equity REIT headquartered in Bethesda, Maryland, which currently operates and manages a real estate portfolio of 58 properties which includes 49 community and neighborhood shopping centers and six mixed-use properties with approximately 9.2 million square feet of leasable area and (b) three land and development properties. The company has market cap of $1.47 billion.

Saul Centers, Inc. (NYSE:BFS) Institutional Positions Chart

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