Legal & General Group Plc lowered its position in JBG SMITH Properties (NYSE:JBGS - Free Report) by 6.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 623,265 shares of the company's stock after selling 44,921 shares during the quarter. Legal & General Group Plc owned about 0.74% of JBG SMITH Properties worth $9,580,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Invesco Ltd. raised its holdings in JBG SMITH Properties by 94.4% in the 4th quarter. Invesco Ltd. now owns 691,230 shares of the company's stock valued at $10,624,000 after buying an additional 335,661 shares during the period. Norges Bank acquired a new stake in shares of JBG SMITH Properties during the fourth quarter valued at about $3,837,000. GSI Capital Advisors LLC purchased a new stake in shares of JBG SMITH Properties in the 4th quarter valued at approximately $3,036,000. Thompson Siegel & Walmsley LLC lifted its holdings in shares of JBG SMITH Properties by 7.8% in the 4th quarter. Thompson Siegel & Walmsley LLC now owns 2,299,260 shares of the company's stock worth $35,340,000 after acquiring an additional 167,191 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of JBG SMITH Properties by 12.6% during the 4th quarter. JPMorgan Chase & Co. now owns 741,071 shares of the company's stock worth $11,390,000 after purchasing an additional 82,779 shares during the period. 98.46% of the stock is currently owned by institutional investors and hedge funds.
JBG SMITH Properties Trading Up 1.6 %
NYSE JBGS traded up $0.24 on Wednesday, reaching $14.79. The stock had a trading volume of 88,641 shares, compared to its average volume of 945,072. The company has a quick ratio of 3.87, a current ratio of 3.73 and a debt-to-equity ratio of 1.42. The stock has a fifty day moving average price of $15.20 and a two-hundred day moving average price of $15.83. JBG SMITH Properties has a 12-month low of $13.65 and a 12-month high of $18.86. The firm has a market capitalization of $1.21 billion, a price-to-earnings ratio of -8.86 and a beta of 1.08.
JBG SMITH Properties (NYSE:JBGS - Get Free Report) last released its earnings results on Tuesday, February 18th. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of ($0.38) by $0.52. The company had revenue of $108.43 million during the quarter, compared to the consensus estimate 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 Company Profile
(
Free Report)
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.
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