Long Pond Capital LP Reduces Stock Position in JBG SMITH Properties (NYSE:JBGS)

Long Pond Capital LP cut its position in JBG SMITH Properties (NYSE:JBGS - Free Report) by 1.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,335,832 shares of the company's stock after selling 73,836 shares during the quarter. JBG SMITH Properties comprises approximately 4.9% of Long Pond Capital LP's holdings, making the stock its 8th biggest position. Long Pond Capital LP owned approximately 7.50% of JBG SMITH Properties worth $97,382,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JBGS. Invesco Ltd. lifted its position in shares of JBG SMITH Properties by 94.4% during the 4th quarter. Invesco Ltd. now owns 691,230 shares of the company's stock valued at $10,624,000 after acquiring an additional 335,661 shares during the period. Norges Bank bought a new stake in shares of JBG SMITH Properties during the 4th quarter worth $3,837,000. GSI Capital Advisors LLC acquired a new position in JBG SMITH Properties during the fourth quarter worth about $3,036,000. Thompson Siegel & Walmsley LLC increased its position in JBG SMITH Properties by 7.8% during the 4th quarter. Thompson Siegel & Walmsley LLC now owns 2,299,260 shares of the company's stock worth $35,340,000 after purchasing an additional 167,191 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in JBG SMITH Properties by 12.6% in the 4th quarter. JPMorgan Chase & Co. now owns 741,071 shares of the company's stock valued at $11,390,000 after purchasing an additional 82,779 shares during the last quarter. 98.46% of the stock is owned by institutional investors.

JBG SMITH Properties Price Performance

Shares of NYSE:JBGS traded up $0.12 during trading on Tuesday, hitting $14.62. 185,283 shares of the company were exchanged, compared to its average volume of 949,903. The company has a market capitalization of $1.20 billion, a P/E ratio of -8.75 and a beta of 1.08. JBG SMITH Properties has a 1-year low of $13.65 and a 1-year high of $18.86. 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 business's 50 day moving average is $15.22 and its 200-day moving average is $15.84.

JBG SMITH Properties (NYSE:JBGS - Get Free Report) last announced its quarterly earnings results on Tuesday, February 18th. The company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.38) by $0.52. The firm had revenue of $108.43 million during the quarter, compared to analysts' expectations of $116.31 million. JBG SMITH Properties had a negative net margin of 26.22% and a negative return on equity of 7.26%.

JBG SMITH Properties Company Profile

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.