Charles Schwab Investment Management Inc. Has $38.01 Million Stake in JBG SMITH Properties (NYSE:JBGS)

Charles Schwab Investment Management Inc. grew its holdings in shares of JBG SMITH Properties (NYSE:JBGS - Free Report) by 5.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,174,494 shares of the company's stock after purchasing an additional 105,384 shares during the period. Charles Schwab Investment Management Inc. owned approximately 2.57% of JBG SMITH Properties worth $38,010,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in JBGS. Blue Trust Inc. lifted its position in JBG SMITH Properties by 706.3% in the 3rd quarter. Blue Trust Inc. now owns 1,911 shares of the company's stock worth $33,000 after buying an additional 1,674 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in JBG SMITH Properties by 30.0% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,262 shares of the company's stock valued at $57,000 after buying an additional 753 shares during the last quarter. Bfsg LLC grew its stake in JBG SMITH Properties by 9.5% in the 2nd quarter. Bfsg LLC now owns 12,655 shares of the company's stock valued at $193,000 after buying an additional 1,102 shares during the last quarter. Van ECK Associates Corp grew its stake in JBG SMITH Properties by 4.7% in the 3rd quarter. Van ECK Associates Corp now owns 15,588 shares of the company's stock valued at $282,000 after buying an additional 702 shares during the last quarter. Finally, Inspire Investing LLC grew its position in JBG SMITH Properties by 4.2% in the 2nd quarter. Inspire Investing LLC now owns 23,241 shares of the company's stock worth $354,000 after purchasing an additional 937 shares during the last quarter. Institutional investors and hedge funds own 98.46% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. BMO Capital Markets downgraded shares of JBG SMITH Properties from a "market perform" rating to an "underperform" rating and cut their price target for the company from $18.00 to $15.00 in a report on Tuesday. Evercore ISI boosted their target price on shares of JBG SMITH Properties from $16.00 to $17.00 and gave the stock an "underperform" rating in a research note on Monday, September 16th.

JBG SMITH Properties Stock Down 2.0 %

Shares of JBGS stock traded down $0.34 during trading on Tuesday, reaching $16.42. The company's stock had a trading volume of 1,010,250 shares, compared to its average volume of 863,588. The business has a fifty day moving average price of $17.14 and a 200-day moving average price of $16.48. The company has a quick ratio of 3.87, a current ratio of 3.87 and a debt-to-equity ratio of 1.38. The company has a market cap of $1.39 billion, a price-to-earnings ratio of -12.63 and a beta of 1.10. JBG SMITH Properties has a one year low of $13.65 and a one year high of $18.86.

JBG SMITH Properties (NYSE:JBGS - Get Free Report) last posted its quarterly earnings results on Tuesday, October 29th. The company reported ($0.32) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.35) by $0.03. JBG SMITH Properties had a negative net margin of 20.60% and a negative return on equity of 5.56%. The firm had revenue of $136.03 million for the quarter.

JBG SMITH Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 7th were paid a $0.175 dividend. The ex-dividend date was Thursday, November 7th. This represents a $0.70 annualized dividend and a dividend yield of 4.26%. JBG SMITH Properties's dividend payout ratio (DPR) is presently -53.85%.

JBG SMITH Properties Company Profile

JBG SMITH owns, operates, invests in, and develops mixed-use properties in high growth and high barrier-to-entry submarkets in and around Washington, DC, most notably National Landing. Through an intense focus on placemaking, JBG SMITH cultivates vibrant, amenity-rich, walkable neighborhoods throughout the Washington, DC metropolitan area.