Jane Street Group LLC Raises Stock Holdings in JBG SMITH Properties (NYSE:JBGS)

Jane Street Group LLC grew its position in shares of JBG SMITH Properties (NYSE:JBGS - Free Report) by 33.4% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 358,976 shares of the company's stock after buying an additional 89,812 shares during the quarter. Jane Street Group LLC owned 0.42% of JBG SMITH Properties worth $6,275,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Blue Trust Inc. lifted its stake in JBG SMITH Properties by 706.3% in the third quarter. Blue Trust Inc. now owns 1,911 shares of the company's stock valued at $33,000 after purchasing an additional 1,674 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in JBG SMITH Properties by 30.0% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,262 shares of the company's stock worth $57,000 after acquiring an additional 753 shares during the last quarter. Bfsg LLC raised 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 acquiring an additional 1,102 shares during the period. Wolverine Trading LLC purchased a new stake in JBG SMITH Properties during the third quarter valued at about $239,000. Finally, Verition Fund Management LLC purchased a new stake in JBG SMITH Properties during the third quarter valued at about $268,000. Hedge funds and other institutional investors own 98.46% of the company's stock.

JBG SMITH Properties Price Performance

Shares of NYSE JBGS traded up $0.30 during trading hours on Monday, reaching $16.61. 992,908 shares of the stock traded hands, compared to its average volume of 850,302. The company's 50-day simple moving average is $16.92 and its two-hundred day simple moving average is $16.62. The company has a market capitalization of $1.40 billion, a P/E ratio of -12.78 and a beta of 1.10. JBG SMITH Properties has a 52-week low of $13.65 and a 52-week high of $18.86. The company has a quick ratio of 3.87, a current ratio of 3.87 and a debt-to-equity ratio of 1.38.

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

JBG SMITH Properties Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 7th were issued a $0.175 dividend. This represents a $0.70 dividend on an annualized basis and a yield of 4.21%. The ex-dividend date was Thursday, November 7th. JBG SMITH Properties's dividend payout ratio (DPR) is presently -53.85%.

Analyst Ratings Changes

Several equities research analysts have issued reports on JBGS shares. BMO Capital Markets downgraded 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. Evercore ISI lifted their target price on JBG SMITH Properties from $16.00 to $17.00 and gave the company an "underperform" rating in a report on Monday, September 16th.

About JBG SMITH Properties

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.