Norges Bank acquired a new stake in JBG SMITH Properties (NYSE:JBGS - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 249,614 shares of the company's stock, valued at approximately $3,837,000. Norges Bank owned 0.30% of JBG SMITH Properties at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Jane Street Group LLC lifted its holdings in JBG SMITH Properties by 33.4% during the third quarter. Jane Street Group LLC now owns 358,976 shares of the company's stock worth $6,275,000 after acquiring an additional 89,812 shares in the last quarter. Franklin Resources Inc. bought a new stake in shares of JBG SMITH Properties during the third quarter worth $500,000. Asset Management One Co. Ltd. boosted its stake in JBG SMITH Properties by 3.4% in the 4th quarter. Asset Management One Co. Ltd. now owns 125,610 shares of the company's stock worth $1,913,000 after purchasing an additional 4,130 shares during the period. Empowered Funds LLC bought a new stake in shares of JBG SMITH Properties in the fourth quarter valued at about $239,000. Finally, Principal Financial Group Inc. boosted its position in JBG SMITH Properties by 0.5% during the 4th quarter. Principal Financial Group Inc. now owns 409,520 shares of the company's stock worth $6,294,000 after acquiring an additional 1,892 shares during the last quarter. 98.46% of the stock is owned by institutional investors.
JBG SMITH Properties Stock Up 0.9 %
Shares of NYSE:JBGS traded up $0.13 during midday trading on Wednesday, reaching $15.31. The company had a trading volume of 57,618 shares, compared to its average volume of 810,697. The business's 50 day moving average price is $15.23 and its 200 day moving average price is $15.93. 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 stock has a market cap of $1.26 billion, a PE ratio of -9.15 and a beta of 1.08.
JBG SMITH Properties (NYSE:JBGS - Get Free Report) last announced its quarterly earnings data on Tuesday, February 18th. The company reported $0.14 EPS for the quarter, beating analysts' consensus estimates 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 net margin of 26.22% and a negative return on equity of 7.26%.
About JBG SMITH Properties
(
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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