Allstate Corp Acquires Shares of 30,917 JBG SMITH Properties (NYSE:JBGS)

Allstate Corp acquired a new position in shares of JBG SMITH Properties (NYSE:JBGS - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 30,917 shares of the company's stock, valued at approximately $475,000.

A number of other institutional investors also recently added to or reduced their stakes in JBGS. Jane Street Group LLC raised its holdings in JBG SMITH Properties by 33.4% during the 3rd quarter. Jane Street Group LLC now owns 358,976 shares of the company's stock worth $6,275,000 after purchasing an additional 89,812 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in JBG SMITH Properties by 430.5% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 612,799 shares of the company's stock valued at $10,712,000 after purchasing an additional 497,288 shares in the last quarter. Franklin Resources Inc. acquired a new position in JBG SMITH Properties during the third quarter worth $500,000. Charles Schwab Investment Management Inc. increased its position in JBG SMITH Properties by 5.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,174,494 shares of the company's stock worth $38,010,000 after buying an additional 105,384 shares during the last quarter. Finally, Asset Management One Co. Ltd. lifted its holdings in JBG SMITH Properties by 3.4% during the 4th quarter. Asset Management One Co. Ltd. now owns 125,610 shares of the company's stock valued at $1,913,000 after purchasing an additional 4,130 shares during the last quarter. 98.46% of the stock is owned by institutional investors and hedge funds.

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JBG SMITH Properties Stock Performance

NYSE:JBGS traded down $0.28 during mid-day trading on Friday, hitting $15.26. 1,304,345 shares of the stock were exchanged, compared to its average volume of 807,171. The company has a debt-to-equity ratio of 1.42, a quick ratio of 3.87 and a current ratio of 3.73. The stock has a market capitalization of $1.25 billion, a price-to-earnings ratio of -9.14 and a beta of 1.08. JBG SMITH Properties has a fifty-two week low of $13.65 and a fifty-two week high of $18.86. The firm's 50-day simple moving average is $15.27 and its 200 day simple moving average is $16.14.

JBG SMITH Properties (NYSE:JBGS - Get Free Report) last issued its quarterly earnings results on Tuesday, February 18th. The company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.38) by $0.52. JBG SMITH Properties had a negative return on equity of 7.26% and a negative net margin of 26.22%. The company had revenue of $108.43 million for the quarter, compared to analyst estimates of $116.31 million.

About JBG SMITH Properties

JBG SMITH Properties is a real estate investment trust, which engages in owning, operating, investing in, and developing a portfolio of mixed-use properties. It operates through the following segments: Multifamily, Commercial, and Other. The Multifamily segment refers to the commercial buildings with public areas, retail spaces, and walkable streets.