Cerity Partners LLC Buys New Shares in JBG SMITH Properties (NYSE:JBGS)

Cerity Partners LLC acquired a new stake in shares of JBG SMITH Properties (NYSE:JBGS - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 80,155 shares of the company's stock, valued at approximately $1,240,000. Cerity Partners LLC owned about 0.09% of JBG SMITH Properties as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Carmel Capital Partners LLC lifted its stake in shares of JBG SMITH Properties by 3.2% during the 4th quarter. Carmel Capital Partners LLC now owns 27,030 shares of the company's stock valued at $415,000 after buying an additional 830 shares in the last quarter. Meixler Investment Management Ltd. lifted its position in shares of JBG SMITH Properties by 6.2% during the fourth quarter. Meixler Investment Management Ltd. now owns 31,458 shares of the company's stock worth $484,000 after acquiring an additional 1,850 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in shares of JBG SMITH Properties by 0.5% in the fourth quarter. Principal Financial Group Inc. now owns 409,520 shares of the company's stock worth $6,294,000 after acquiring an additional 1,892 shares during the period. KBC Group NV grew its position in shares of JBG SMITH Properties by 64.9% in the fourth quarter. KBC Group NV now owns 5,677 shares of the company's stock valued at $87,000 after purchasing an additional 2,234 shares in the last quarter. Finally, Inspire Investing LLC raised its stake in shares of JBG SMITH Properties by 12.0% during the 4th quarter. Inspire Investing LLC now owns 26,223 shares of the company's stock valued at $403,000 after purchasing an additional 2,818 shares during the period. Institutional investors own 98.46% of the company's stock.

JBG SMITH Properties Price Performance

NYSE JBGS traded up $0.16 during trading hours on Thursday, hitting $14.74. The company had a trading volume of 57,428 shares, compared to its average volume of 813,819. 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 firm has a market capitalization of $1.21 billion, a price-to-earnings ratio of -8.81 and a beta of 1.08. JBG SMITH Properties has a 52 week low of $13.65 and a 52 week high of $18.86. The firm has a 50 day simple moving average of $15.19 and a 200 day simple moving average of $15.82.

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

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.