UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Buys 497,288 Shares of JBG SMITH Properties (NYSE:JBGS)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of JBG SMITH Properties (NYSE:JBGS - Free Report) by 430.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 612,799 shares of the company's stock after acquiring an additional 497,288 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.73% of JBG SMITH Properties worth $10,712,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Price T Rowe Associates Inc. MD raised its holdings in JBG SMITH Properties by 2.5% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 74,311 shares of the company's stock valued at $1,193,000 after acquiring an additional 1,824 shares during the period. SG Americas Securities LLC lifted its holdings in JBG SMITH Properties by 1,178.0% during the 2nd quarter. SG Americas Securities LLC now owns 152,496 shares of the company's stock worth $2,323,000 after purchasing an additional 140,564 shares during the last quarter. Bfsg LLC boosted its stake in JBG SMITH Properties by 9.5% in the 2nd quarter. Bfsg LLC now owns 12,655 shares of the company's stock valued at $193,000 after purchasing an additional 1,102 shares during the period. Wolverine Asset Management LLC grew its holdings in JBG SMITH Properties by 678.7% in the 2nd quarter. Wolverine Asset Management LLC now owns 131,818 shares of the company's stock valued at $2,008,000 after buying an additional 114,891 shares in the last quarter. Finally, Victory Capital Management Inc. increased its position in JBG SMITH Properties by 26.0% during the 2nd quarter. Victory Capital Management Inc. now owns 65,968 shares of the company's stock worth $1,005,000 after buying an additional 13,613 shares during the period. 98.46% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have recently commented on JBGS shares. BMO Capital Markets cut shares of JBG SMITH Properties from a "market perform" rating to an "underperform" rating and lowered their target price for the stock from $18.00 to $15.00 in a report on Tuesday, December 3rd. Evercore ISI upped their target price on JBG SMITH Properties from $16.00 to $17.00 and gave the company an "underperform" rating in a research report on Monday, September 16th.

JBG SMITH Properties Price Performance

NYSE:JBGS traded up $0.12 during trading hours on Friday, hitting $16.37. The company's stock had a trading volume of 433,690 shares, compared to its average volume of 654,599. JBG SMITH Properties has a twelve month low of $13.65 and a twelve month high of $18.86. The company has a debt-to-equity ratio of 1.38, a current ratio of 3.87 and a quick ratio of 3.87. The stock has a fifty day simple moving average of $17.06 and a 200-day simple moving average of $16.50. The company has a market capitalization of $1.38 billion, a P/E ratio of -12.59 and a beta of 1.10.

JBG SMITH Properties (NYSE:JBGS - Get Free Report) last posted its earnings results on Tuesday, October 29th. The company reported ($0.32) earnings per share for the quarter, topping analysts' consensus estimates of ($0.35) by $0.03. JBG SMITH Properties had a negative net margin of 20.60% and a negative return on equity of 5.56%. The firm had revenue of $136.03 million for the quarter.

JBG SMITH Properties Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Thursday, November 7th were issued a dividend of $0.175 per share. This represents a $0.70 annualized dividend and a dividend yield of 4.28%. The ex-dividend date was Thursday, November 7th. JBG SMITH Properties's dividend payout ratio (DPR) is currently -53.85%.

JBG SMITH Properties Profile

JBG SMITH owns, operates, invests in, and develops mixed-use properties in high growth and high barrier-to-entry submarkets in and around Washington, DC, most notably National Landing. Through an intense focus on placemaking, JBG SMITH cultivates vibrant, amenity-rich, walkable neighborhoods throughout the Washington, DC metropolitan area.