EntryPoint Capital LLC Acquires New Shares in JBG SMITH Properties (NYSE:JBGS)

EntryPoint Capital LLC acquired a new position in JBG SMITH Properties (NYSE:JBGS - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 19,327 shares of the company's stock, valued at approximately $297,000.

A number of other large investors have also recently made changes to their positions in the business. Carmel Capital Partners LLC grew its position in JBG SMITH Properties by 3.2% in the fourth quarter. Carmel Capital Partners LLC now owns 27,030 shares of the company's stock worth $415,000 after acquiring an additional 830 shares in the last quarter. Meixler Investment Management Ltd. lifted its stake in shares of JBG SMITH Properties by 6.2% in the 4th quarter. Meixler Investment Management Ltd. now owns 31,458 shares of the company's stock valued at $484,000 after purchasing an additional 1,850 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in shares of JBG SMITH Properties by 0.5% in the 4th quarter. Principal Financial Group Inc. now owns 409,520 shares of the company's stock worth $6,294,000 after purchasing an additional 1,892 shares during the period. Daiwa Securities Group Inc. increased its position 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 valued at $503,000 after purchasing an additional 2,023 shares during the last quarter. Finally, KBC Group NV raised 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 buying an additional 2,234 shares during the period. 98.46% of the stock is currently owned by institutional investors.

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JBG SMITH Properties Trading Down 1.0 %

Shares of NYSE:JBGS traded down $0.15 on Tuesday, hitting $15.96. 1,179,450 shares of the company's stock were exchanged, compared to its average volume of 803,609. The stock has a market capitalization of $1.31 billion, a price-to-earnings ratio of -9.55 and a beta of 1.12. JBG SMITH Properties has a 12 month low of $13.65 and a 12 month high of $18.86. The company has a debt-to-equity ratio of 1.42, a current ratio of 3.73 and a quick ratio of 3.87. The business's 50 day simple moving average is $15.23 and its two-hundred day simple moving average is $16.14.

JBG SMITH Properties (NYSE:JBGS - Get Free Report) last announced its quarterly earnings data on Tuesday, February 18th. The company reported $0.14 earnings per share 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%.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets lowered shares of JBG SMITH Properties from a "market perform" rating to an "underperform" rating and dropped their price objective for the stock from $18.00 to $15.00 in a research note 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.