JBG SMITH Properties (NYSE:JBGS) Shares Sold by Quest Partners LLC

Quest Partners LLC lowered its position in JBG SMITH Properties (NYSE:JBGS - Free Report) by 39.7% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 96,249 shares of the company's stock after selling 63,416 shares during the quarter. Quest Partners LLC owned about 0.11% of JBG SMITH Properties worth $1,682,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in JBGS. State Board of Administration of Florida Retirement System boosted its stake in JBG SMITH Properties by 313.6% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 131,869 shares of the company's stock worth $1,986,000 after purchasing an additional 99,983 shares during the period. UniSuper Management Pty Ltd increased its stake in shares of JBG SMITH Properties by 102.3% during the first quarter. UniSuper Management Pty Ltd now owns 57,958 shares of the company's stock valued at $930,000 after buying an additional 29,308 shares during the period. CANADA LIFE ASSURANCE Co increased its stake in shares of JBG SMITH Properties by 4.6% during the first quarter. CANADA LIFE ASSURANCE Co now owns 186,439 shares of the company's stock valued at $2,988,000 after buying an additional 8,235 shares during the period. Price T Rowe Associates Inc. MD increased its stake in shares of JBG SMITH Properties by 2.5% during the first quarter. Price T Rowe Associates Inc. MD now owns 74,311 shares of the company's stock valued at $1,193,000 after buying an additional 1,824 shares during the period. Finally, Caxton Associates LP boosted its position in shares of JBG SMITH Properties by 504.0% during the first quarter. Caxton Associates LP now owns 117,559 shares of the company's stock valued at $1,887,000 after purchasing an additional 98,096 shares in the last quarter. Hedge funds and other institutional investors own 98.46% of the company's stock.

Analyst Ratings Changes

Separately, Evercore ISI boosted their target price on JBG SMITH Properties from $16.00 to $17.00 and gave the stock an "underperform" rating in a report on Monday, September 16th.

JBG SMITH Properties Stock Performance

JBG SMITH Properties stock traded up $0.18 during mid-day trading on Tuesday, reaching $15.09. 372,444 shares of the stock traded hands, compared to its average volume of 867,672. 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 business's 50-day moving average is $17.51 and its 200-day moving average is $16.35. The stock has a market capitalization of $1.27 billion, a PE ratio of -11.47 and a beta of 1.10. JBG SMITH Properties has a 12-month low of $13.03 and a 12-month high of $18.86.

JBG SMITH Properties (NYSE:JBGS - Get Free Report) last posted its quarterly earnings data on Tuesday, October 29th. The company reported ($0.32) earnings per share (EPS) for the quarter, beating 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 return on equity of 5.56% and a negative net margin of 20.60%.

JBG SMITH Properties Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 22nd. Stockholders of record on Thursday, November 7th will be issued a $0.175 dividend. The ex-dividend date of this dividend is Thursday, November 7th. This represents a $0.70 annualized dividend and a dividend yield of 4.64%. JBG SMITH Properties's payout ratio is -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.