JBG SMITH Properties (NYSE:JBGS) Shares Acquired by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lifted its holdings in JBG SMITH Properties (NYSE:JBGS - Free Report) by 2.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,220,008 shares of the company's stock after purchasing an additional 45,514 shares during the quarter. Charles Schwab Investment Management Inc. owned about 2.63% of JBG SMITH Properties worth $34,122,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JBGS. Victory Capital Management Inc. boosted its holdings in JBG SMITH Properties by 15.5% in the third quarter. Victory Capital Management Inc. now owns 76,171 shares of the company's stock worth $1,331,000 after acquiring an additional 10,203 shares in the last quarter. Intech Investment Management LLC purchased a new stake in JBG SMITH Properties during the third quarter worth $400,000. Citigroup Inc. grew its position in shares of JBG SMITH Properties by 1.1% during the 3rd quarter. Citigroup Inc. now owns 2,924,226 shares of the company's stock valued at $51,115,000 after acquiring an additional 32,027 shares during the period. Daiwa Securities Group Inc. raised its stake in shares of JBG SMITH Properties by 7.6% during the 3rd quarter. Daiwa Securities Group Inc. now owns 28,791 shares of the company's stock worth $503,000 after buying an additional 2,023 shares during the period. Finally, FMR LLC grew its position in shares of JBG SMITH Properties by 158.5% in the third 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 period. 98.46% of the stock is currently owned by hedge funds and other institutional investors.

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JBG SMITH Properties Trading Up 1.0 %

JBGS stock traded up $0.17 during mid-day trading on Thursday, hitting $15.91. 1,065,440 shares of the company were exchanged, compared to its average volume of 758,269. JBG SMITH Properties has a 12-month low of $13.65 and a 12-month high of $18.86. The firm has a market capitalization of $1.30 billion, a P/E ratio of -9.54 and a beta of 1.12. The business has a fifty day simple moving average of $15.10 and a 200-day simple moving average of $16.25. The company has a quick ratio of 3.87, a current ratio of 3.73 and a debt-to-equity ratio of 1.42.

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

Analyst Ratings Changes

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

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.