JBG SMITH Properties (NYSE:JBGS) Shares Sold by Geode Capital Management LLC

Geode Capital Management LLC cut its holdings in JBG SMITH Properties (NYSE:JBGS - Free Report) by 2.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 2,101,738 shares of the company's stock after selling 60,104 shares during the period. Geode Capital Management LLC owned about 2.49% of JBG SMITH Properties worth $32,311,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of JBGS. Thompson Siegel & Walmsley LLC lifted its stake in JBG SMITH Properties by 7.8% in the fourth quarter. Thompson Siegel & Walmsley LLC now owns 2,299,260 shares of the company's stock valued at $35,340,000 after buying an additional 167,191 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in JBG SMITH Properties by 2.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,220,008 shares of the company's stock valued at $34,122,000 after purchasing an additional 45,514 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in JBG SMITH Properties by 12.6% during the 4th quarter. JPMorgan Chase & Co. now owns 741,071 shares of the company's stock valued at $11,390,000 after purchasing an additional 82,779 shares during the period. Principal Financial Group Inc. grew its position in 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 last quarter. Finally, Norges Bank bought a new position in JBG SMITH Properties in the 4th quarter worth about $3,837,000. Institutional investors own 98.46% of the company's stock.

JBG SMITH Properties Stock Performance

Shares of JBGS traded up $0.07 during mid-day trading on Tuesday, reaching $14.57. 662,994 shares of the company's stock traded hands, compared to its average volume of 816,346. 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 business's 50-day moving average price is $15.20 and its 200-day moving average price is $15.83. The stock has a market capitalization of $1.20 billion, a P/E ratio of -8.72 and a beta of 1.08. JBG SMITH Properties has a 12 month low of $13.65 and a 12 month 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 for the quarter, beating 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 for the quarter, compared to the consensus estimate 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.