Saul CentersBFS
Market Cap: $961M
About: Saul Centers Inc is a self-managed real estate investment trust which invests in, operates, and develops retail and commercial properties. The company's portfolio includes community and neighbourhood shopping centres, office properties, and mixed-use properties. Properties are located in the Washington, D.C. and Batlimore metropolitan areas. Saul Centers operates through two business segments: shopping centers, which contribute the maximum portion of total revenue; and mixed-use properties. Maximum tenants include grocery stores, discount department stores, and drug stores.
Employees: 79
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
256% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 9
17% more funds holding
Funds holding: 136 [Q1] → 159 (+23) [Q2]
13% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 47
6% less capital invested
Capital invested by funds: $430M [Q1] → $403M (-$27.1M) [Q2]
7.01% less ownership
Funds ownership: 52.76% [Q1] → 45.75% (-7.01%) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
B. Riley Securities John Massocca 100% 1-year accuracy 8 / 8 met price target | 13%upside $46 | Buy Maintained | 22 Aug 2024 |
Financial journalist opinion
Based on 5 articles about BFS published over the past 30 days