saul centers, inc. (nyse: bfs) is a self-managed, self-administered equity real estate investment trust, formed in 1993 and headquartered in bethesda, maryland. saul centers operates and manages a real estate portfolio of 59 community and neighborhood shopping center and office properties totaling approximately 9.3 million square feet of leaseable area. approximately 85 percent of our cash flow is generated from properties in the metropolitan washington, d.c./baltimore area. saul centers’ primary operating strategy is to continue its program of internal growth, renovations, and expansions of community and neighborhood shopping centers that primarily service the day-to-day necessities and services subsector of the overall retail market. saul centers plans to supplement its internal growth strategy through selective development of new properties and acquisitions of operating properties as appropriate opportunities arise.
Company profile
Ticker
BFS, BFS+E
Exchange
Website
CEO
Bernard Francis Saul II
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
SAUL CENTERS INC
SEC CIK
Corporate docs
Subsidiaries
101 Van Dorn LLC • 1500 Rockville Pike LLC • 11503 Rockville Pike LLC • 7316 Wisconsin LLC • 750 North Glebe LLC • Ashbrook Marketplace LLC • Ashburn Village Center LLC • Avenel Business Park LLC • Avenel VI, Inc. • Beacon Center LLC ...
IRS number
521833074
BFS stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
2 Apr 24
DEFA14A
Additional proxy soliciting materials
2 Apr 24
DEF 14A
Definitive proxy
2 Apr 24
PRE 14A
Preliminary proxy
19 Mar 24
10-K
2023 FY
Annual report
29 Feb 24
8-K
Saul Centers, Inc. Reports Fourth Quarter 2023 Earnings
29 Feb 24
8-K/A
Departure of Directors or Certain Officers
16 Nov 23
10-Q
2023 Q3
Quarterly report
2 Nov 23
8-K
Saul Centers, Inc. Reports Third Quarter 2023 Earnings
2 Nov 23
8-K
Departure of Directors or Certain Officers
12 Oct 23
Latest ownership filings
4
GEORGE PATRICK CLANCY JR
3 Apr 24
4
JOHN E CHAPOTON
3 Apr 24
4
David Todd Pearson
19 Mar 24
4
James Page Lansdale
8 Mar 24
4
B FRANCIS SAUL II
8 Mar 24
SC 13G
T. Rowe Price Investment Management, Inc.
14 Feb 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G/A
PRINCIPAL REAL ESTATE INVESTORS LLC
13 Feb 24
SC 13G/A
BlackRock Inc.
25 Jan 24
3
Zachary Maxwell Friedlis
22 Jan 24
Financial summary
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 6.59 mm | 6.59 mm | 6.59 mm | 6.59 mm | 6.59 mm | 6.59 mm |
Cash burn (monthly) | 1.63 mm | 308.75 k | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 11.21 mm | 2.12 mm | n/a | n/a | n/a | n/a |
Cash remaining | -4.62 mm | 4.46 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | -2.8 | 14.5 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
45.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 131 |
Opened positions | 17 |
Closed positions | 2 |
Increased positions | 38 |
Reduced positions | 41 |
13F shares | Current |
---|---|
Total value | 379.00 bn |
Total shares | 10.87 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
T. Rowe Price Investment Management | 2.14 mm | $75.39 bn |
Vanguard | 2.13 mm | $75.23 bn |
BLK Blackrock | 1.95 mm | $68.73 bn |
PFG Principal Financial Group Inc - Registered Shares | 1.27 mm | $44.96 bn |
STT State Street | 498.91 k | $17.60 bn |
Geode Capital Management | 284.49 k | $10.03 bn |
Dimensional Fund Advisors | 214.09 k | $7.55 bn |
Renaissance Technologies | 200.37 k | $7.06 bn |
MS Morgan Stanley | 157.22 k | $5.55 bn |
BK Bank Of New York Mellon | 150.43 k | $5.31 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Apr 24 | Chapoton John E | Phantom Stock Common Stock | Grant | Acquire A | No | No | 38.01 | 427.519 | 16.25 k | 23,648.565 |
1 Apr 24 | Clancy George Patrick JR | Phantom Stock Common Stock | Grant | Acquire A | No | No | 38.01 | 526.177 | 20.00 k | 5,034.066 |
15 Mar 24 | David Todd Pearson | Common Shares | Buy | Acquire P | No | No | 36.5214 | 2,300 | 84.00 k | 6,204.22 |
7 Mar 24 | Lansdale James Page | Common Shares | Sell | Dispose S | No | No | 37.8399 | 722 | 27.32 k | 576 |
7 Mar 24 | Saul B Francis Ii | Common Stock | Buy | Acquire P | No | No | 37.8369 | 1,400 | 52.97 k | 148,105.606 |
6 Mar 24 | Lansdale James Page | Common Shares | Sell | Dispose S | No | No | 37.8926 | 5,502 | 208.49 k | 1,298 |
6 Mar 24 | Saul B Francis Ii | Common Stock | Buy | Acquire P | No | No | 37.8031 | 8,600 | 325.11 k | 146,705.606 |