JBG SMITH Properties (NYSE:JBGS) Sees Strong Trading Volume - Should You Buy?

JBG SMITH Properties (NYSE:JBGS - Get Free Report) saw unusually-high trading volume on Tuesday . Approximately 1,265,224 shares were traded during trading, an increase of 65% from the previous session's volume of 765,221 shares.The stock last traded at $15.87 and had previously closed at $15.87.

Analyst Ratings Changes

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

JBG SMITH Properties Price Performance

The stock's 50 day moving average price is $15.21 and its two-hundred day moving average price is $16.18. 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 capitalization of $1.31 billion, a price-to-earnings ratio of -9.53 and a beta of 1.12.

JBG SMITH Properties (NYSE:JBGS - Get Free Report) last posted its quarterly earnings results on Tuesday, February 18th. The company reported $0.14 EPS 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 during the quarter, compared to analysts' expectations of $116.31 million.

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Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in JBG SMITH Properties by 1.4% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,362 shares of the company's stock valued at $713,000 after purchasing an additional 662 shares in the last quarter. State of Tennessee Department of Treasury raised its holdings in shares of JBG SMITH Properties by 2.0% in the fourth quarter. State of Tennessee Department of Treasury now owns 42,457 shares of the company's stock valued at $653,000 after buying an additional 818 shares during the last quarter. Carmel Capital Partners LLC lifted its position in JBG SMITH Properties by 3.2% during the 4th quarter. Carmel Capital Partners LLC now owns 27,030 shares of the company's stock worth $415,000 after buying an additional 830 shares in the last quarter. Bank of Montreal Can grew its holdings in JBG SMITH Properties by 8.5% during the 4th quarter. Bank of Montreal Can now owns 11,928 shares of the company's stock worth $183,000 after acquiring an additional 939 shares during the last quarter. Finally, Meixler Investment Management Ltd. increased its position in 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 acquiring an additional 1,850 shares in the last quarter. 98.46% of the stock is owned by institutional investors and hedge funds.

About JBG SMITH Properties

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.