Saul Centers Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NYSE:BFS Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
15 Mar 24	BuyUS$83,999	David Pearson	Individual		2,300	US$36.52

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of BFS?
Owner Type	Number of Shares	Ownership Percentage
State or Government	5,672	0.0234%
Individual Insiders	795,133	3.29%
Private Companies	1,326,615	5.48%
General Public	1,936,365	8%
Institutions	20,137,010	83.2%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 82.74% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
35.5%	B.F. Saul Real Estate Investment Trust	8,589,467	US$440.3m	0%	100.0%
8.76%	BlackRock, Inc.	2,119,945	US$108.7m	4.89%	no data
8.1%	The Vanguard Group, Inc.	1,959,661	US$100.5m	-0.34%	no data
5.53%	T. Rowe Price Group, Inc.	1,339,494	US$68.7m	-4.89%	no data
3.13%	B.F. Saul Company	757,797	US$38.8m	0%	no data
2.82%	Adage Capital Management, L.P.	681,730	US$34.9m	2.47%	0.05%
2.8%	Principal Global Investors, LLC	677,160	US$34.7m	-3.81%	0.01%
2.21%	Dearborn, L.L.C.	533,756	US$27.4m	0%	no data
2.09%	State Street Global Advisors, Inc.	505,129	US$25.9m	2.44%	no data
2.01%	Bernard Saul	487,002	US$25.0m	0.19%	no data
1.67%	Chevy Chase Trust Company	403,726	US$20.7m	1,300%	0.05%
1.22%	Geode Capital Management, LLC	294,933	US$15.1m	-0.93%	no data
1.16%	Renaissance Technologies LLC	279,674	US$14.3m	6.39%	0.02%
0.82%	Dimensional Fund Advisors LP	197,738	US$10.1m	-1.1%	no data
0.58%	Northern Trust Global Investments	140,411	US$7.2m	27.1%	no data
0.53%	Eaton Vance Management	127,849	US$6.6m	-0.35%	no data
0.53%	Philip Caraci	127,769	US$6.5m	0%	no data
0.5%	BNY Asset Management	120,217	US$6.2m	-1.62%	no data
0.45%	Charles Schwab Investment Management, Inc.	109,000	US$5.6m	4.35%	no data
0.44%	Invesco Capital Management LLC	106,511	US$5.5m	0.41%	no data
0.41%	UBS Asset Management AG	100,111	US$5.1m	53.1%	no data
0.39%	Morgan Stanley, Investment Banking and Brokerage Investments	95,554	US$4.9m	2.13%	no data
0.39%	Millennium Management LLC	93,981	US$4.8m	-33.5%	no data
0.37%	Numeric Investors LLC	88,963	US$4.6m	4.26%	0.02%
0.35%	Alyeska Investment Group, L.P.	85,404	US$4.4m	-2.09%	0.01%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/03/13 08:39
End of Day Share Price	2025/03/13 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Saul Centers, Inc. is covered by 8 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Jonathan Pong	Baird
John Massocca	B. Riley Securities, Inc.
Craig Kucera	B. Riley Securities, Inc.