GSI Capital Advisors LLC Buys New Stake in JBG SMITH Properties (NYSE:JBGS)

GSI Capital Advisors LLC purchased a new position in JBG SMITH Properties (NYSE:JBGS - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 197,557 shares of the company's stock, valued at approximately $3,036,000. JBG SMITH Properties accounts for about 1.6% of GSI Capital Advisors LLC's portfolio, making the stock its 26th largest position. GSI Capital Advisors LLC owned 0.23% of JBG SMITH Properties as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of JBGS. Jane Street Group LLC lifted its position in JBG SMITH Properties by 33.4% during the third quarter. Jane Street Group LLC now owns 358,976 shares of the company's stock valued at $6,275,000 after purchasing an additional 89,812 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of JBG SMITH Properties by 430.5% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 612,799 shares of the company's stock worth $10,712,000 after buying an additional 497,288 shares during the period. Franklin Resources Inc. purchased a new position in shares of JBG SMITH Properties during the 3rd quarter valued at about $500,000. Charles Schwab Investment Management Inc. grew its stake in shares of JBG SMITH Properties by 5.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,174,494 shares of the company's stock valued at $38,010,000 after acquiring an additional 105,384 shares during the period. Finally, Asset Management One Co. Ltd. increased its holdings in JBG SMITH Properties by 3.4% in the 4th quarter. Asset Management One Co. Ltd. now owns 125,610 shares of the company's stock worth $1,913,000 after acquiring an additional 4,130 shares in the last quarter. Hedge funds and other institutional investors own 98.46% of the company's stock.

JBG SMITH Properties Price Performance

NYSE:JBGS traded down $0.53 during trading hours on Monday, hitting $14.76. 426,629 shares of the stock traded hands, compared to its average volume of 921,148. The company has a market cap of $1.21 billion, a price-to-earnings ratio of -8.84 and a beta of 1.08. JBG SMITH Properties has a 1 year low of $13.65 and a 1 year high of $18.86. The stock has a 50 day moving average price of $15.27 and a 200 day moving average price of $16.08. 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 issued its quarterly earnings results on Tuesday, February 18th. The company reported $0.14 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.38) by $0.52. The business had revenue of $108.43 million during the quarter, compared to analyst estimates of $116.31 million. JBG SMITH Properties had a negative return on equity of 7.26% and a negative net margin of 26.22%.

JBG SMITH Properties 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.