32,000 Shares in JBG SMITH Properties (NYSE:JBGS) Bought by Ilmarinen Mutual Pension Insurance Co

Ilmarinen Mutual Pension Insurance Co purchased a new stake in shares of JBG SMITH Properties (NYSE:JBGS - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 32,000 shares of the company's stock, valued at approximately $492,000.

Other hedge funds have also made changes to their positions in the company. KBC Group NV grew its position in shares of JBG SMITH Properties by 64.9% in the 4th quarter. KBC Group NV now owns 5,677 shares of the company's stock worth $87,000 after buying an additional 2,234 shares during the last quarter. Yoffe Investment Management LLC purchased a new position in shares of JBG SMITH Properties in the 4th quarter valued at about $169,000. Sequoia Financial Advisors LLC purchased a new position in JBG SMITH Properties during the fourth quarter valued at $194,000. May Hill Capital LLC acquired a new stake in shares of JBG SMITH Properties in the fourth quarter worth approximately $230,000. Finally, Wolverine Trading LLC acquired a new stake in JBG SMITH Properties in the 3rd quarter valued at about $239,000. 98.46% of the stock is currently owned by hedge funds and other institutional investors.

JBG SMITH Properties Trading Up 2.4 %

Shares of JBGS traded up $0.37 during mid-day trading on Friday, reaching $15.44. The stock had a trading volume of 843,525 shares, compared to its average volume of 808,092. The business's fifty day moving average is $15.22 and its 200 day moving average is $15.96. 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 firm has a market cap of $1.27 billion, a price-to-earnings ratio of -9.24 and a beta of 1.08. JBG SMITH Properties has a 52-week low of $13.65 and a 52-week high of $18.86.

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. JBG SMITH Properties had a negative net margin of 26.22% and a negative return on equity of 7.26%. The company had revenue of $108.43 million for the quarter, compared to analyst estimates of $116.31 million.

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.