Amundi Purchases 27,040 Shares of JBG SMITH Properties (NYSE:JBGS)

Amundi boosted its stake in shares of JBG SMITH Properties (NYSE:JBGS - Free Report) by 45.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 86,980 shares of the company's stock after acquiring an additional 27,040 shares during the quarter. Amundi owned 0.10% of JBG SMITH Properties worth $1,299,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of JBGS. KBC Group NV boosted its holdings in JBG SMITH Properties by 64.9% during the 4th quarter. KBC Group NV now owns 5,677 shares of the company's stock valued at $87,000 after acquiring an additional 2,234 shares during the period. Wolverine Trading LLC bought a new position in JBG SMITH Properties during the 3rd quarter valued at approximately $239,000. Empowered Funds LLC bought a new position in JBG SMITH Properties during the 4th quarter valued at approximately $239,000. Verition Fund Management LLC bought a new position in JBG SMITH Properties during the 3rd quarter valued at approximately $268,000. Finally, FMR LLC raised its position in JBG SMITH Properties by 158.5% during the 3rd quarter. FMR LLC now owns 16,404 shares of the company's stock valued at $287,000 after purchasing an additional 10,057 shares during the last quarter. 98.46% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets lowered JBG SMITH Properties from a "market perform" rating to an "underperform" rating and lowered their price target for the company from $18.00 to $15.00 in a research report on Tuesday, December 3rd.

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JBG SMITH Properties Trading Down 2.4 %

JBGS traded down $0.37 during midday trading on Friday, reaching $15.46. 2,026,975 shares of the company's stock traded hands, compared to its average volume of 763,537. The firm has a fifty day moving average of $15.14 and a two-hundred day moving average of $16.23. The stock has a market capitalization of $1.27 billion, a price-to-earnings ratio of -9.26 and a beta of 1.12. The company has a debt-to-equity ratio of 1.42, a current ratio of 3.73 and a quick ratio of 3.87. JBG SMITH Properties has a 52 week low of $13.65 and a 52 week high of $18.86.

JBG SMITH Properties (NYSE:JBGS - Get Free Report) last announced its earnings results on Tuesday, February 18th. The company reported $0.14 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $108.43 million during the quarter, compared to analyst estimates of $116.31 million.

JBG SMITH Properties Company Profile

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.