B. Riley FBR Has Just Reaffirmed $58 Target Price Per Share on Saul Centers (NYSE:BFS) stock, While They’ve Also Reiterated Their Neutral Rating

August 9, 2018 - By Catherine Diaz

Saul Centers, Inc. (NYSE:BFS) Logo

Investors sentiment increased to 1.43 in 2018 Q1. Its up 0.29, from 1.14 in 2017Q4. It increased, as 12 investors sold Saul Centers, Inc. shares while 28 reduced holdings. 17 funds opened positions while 40 raised stakes. 10.00 million shares or 0.36% more from 9.96 million shares in 2017Q4 were reported.

Sumitomo Mitsui Trust has invested 0% of its portfolio in Saul Centers, Inc. (NYSE:BFS). Stratos Wealth owns 0% invested in Saul Centers, Inc. (NYSE:BFS) for 285 shares. California Pub Employees Retirement Systems accumulated 37,212 shares or 0% of the stock. 4,505 were accumulated by Metropolitan Life New York. State Of Alaska Department Of Revenue reported 0% of its portfolio in Saul Centers, Inc. (NYSE:BFS). Mason Street Advsr Llc holds 0% or 3,357 shares. Morgan Stanley holds 0% or 57,962 shares. Aqr Capital Mgmt Ltd Com invested 0% of its portfolio in Saul Centers, Inc. (NYSE:BFS). Macquarie Group Limited owns 0% invested in Saul Centers, Inc. (NYSE:BFS) for 3,800 shares. Dupont Capital Management Corporation has 8,383 shares. Price T Rowe Associate Md holds 0.01% or 1.16M shares in its portfolio. California State Teachers Retirement System owns 17,225 shares. State Of Tennessee Treasury Department holds 0% in Saul Centers, Inc. (NYSE:BFS) or 8,147 shares. Royal Bankshares Of Canada accumulated 7,692 shares or 0% of the stock. Jpmorgan Chase & Co holds 0% or 95,445 shares in its portfolio.

Since May 31, 2018, it had 1 insider purchase, and 1 insider sale for $153,932 activity. SCHNEIDER SCOTT V also sold $191,065 worth of Saul Centers, Inc. (NYSE:BFS) on Thursday, July 5.

Saul Centers (NYSE:BFS) Rating Reaffirmed

Saul Centers (NYSE:BFS) just had their share rating of a ‘Neutral’ issued by research analysts at B. Riley FBR, who now has a $58 target price per share on the $1.67B market cap company or a 5.02 % upside potential. This key information was revealed in analysts note on Wednesday morning.

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

Among 3 analysts covering Saul Centers (NYSE:BFS), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Saul Centers has $58 highest and $5400 lowest target. $55.67’s average target is 0.80% above currents $55.23 stock price. Saul Centers had 4 analyst reports since March 5, 2018 according to SRatingsIntel. The firm has “Neutral” rating given on Wednesday, August 8 by FBR Capital. The firm has “Hold” rating given on Thursday, April 5 by FBR Capital.

The stock increased 0.66% or $0.36 during the last trading session, reaching $55.23. About 4,508 shares traded. Saul Centers, Inc. (NYSE:BFS) has declined 16.54% since August 9, 2017 and is downtrending. It has underperformed by 29.11% the S&P500.

Analysts await Saul Centers, Inc. (NYSE:BFS) to report earnings on November, 1. They expect $0.80 EPS, up 3.90 % or $0.03 from last year’s $0.77 per share. BFS’s profit will be $24.23 million for 17.26 P/E if the $0.80 EPS becomes a reality. After $0.79 actual EPS reported by Saul Centers, Inc. for the previous quarter, Wall Street now forecasts 1.27 % EPS growth.

Saul Centers is a self-managed, self-administered equity REIT headquartered in Bethesda, Maryland. The company has market cap of $1.67 billion. Saul Centers currently operates and manages a real estate portfolio comprised of 58 properties which includes 55 community and neighborhood shopping centers and mixed-use properties with approximately 9.2 million square feet of leasable area and (b) three land and development properties. It has a 36.82 P/E ratio.

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

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