Quantinno Capital Management LP lifted its stake in shares of JBG SMITH Properties (NYSE:JBGS - Free Report) by 105.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 70,823 shares of the company's stock after purchasing an additional 36,412 shares during the quarter. Quantinno Capital Management LP owned about 0.08% of JBG SMITH Properties worth $1,238,000 at the end of the most recent quarter.
A number of other large investors have also made changes to their positions in JBGS. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in JBG SMITH Properties by 430.5% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 612,799 shares of the company's stock valued at $10,712,000 after purchasing an additional 497,288 shares during the last quarter. Private Management Group Inc. increased its holdings in JBG SMITH Properties by 28.8% during the 2nd quarter. Private Management Group Inc. now owns 2,026,209 shares of the company's stock valued at $30,859,000 after acquiring an additional 452,901 shares in the last quarter. Quest Partners LLC raised its position in JBG SMITH Properties by 1,003.3% during the second quarter. Quest Partners LLC now owns 159,665 shares of the company's stock worth $2,432,000 after acquiring an additional 145,194 shares during the last quarter. Thompson Siegel & Walmsley LLC lifted its holdings in shares of JBG SMITH Properties by 6.4% in the second quarter. Thompson Siegel & Walmsley LLC now owns 2,359,905 shares of the company's stock valued at $35,941,000 after purchasing an additional 141,802 shares in the last quarter. Finally, SG Americas Securities LLC lifted its holdings in shares of JBG SMITH Properties by 1,178.0% in the second quarter. SG Americas Securities LLC now owns 152,496 shares of the company's stock valued at $2,323,000 after purchasing an additional 140,564 shares in the last quarter. Hedge funds and other institutional investors own 98.46% of the company's stock.
JBG SMITH Properties Trading Up 0.3 %
Shares of JBG SMITH Properties stock traded up $0.05 during mid-day trading on Friday, hitting $16.31. 306,865 shares of the stock were exchanged, compared to its average volume of 849,711. The stock has a market capitalization of $1.38 billion, a price-to-earnings ratio of -12.50 and a beta of 1.10. JBG SMITH Properties has a twelve month low of $13.65 and a twelve month high of $18.86. The company has a current ratio of 3.87, a quick ratio of 3.87 and a debt-to-equity ratio of 1.38. The company has a 50-day simple moving average of $16.96 and a 200 day simple moving average of $16.55.
JBG SMITH Properties (NYSE:JBGS - Get Free Report) last announced its earnings results on Tuesday, October 29th. The company reported ($0.32) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.35) by $0.03. The firm had revenue of $136.03 million for 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 firm also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 7th were paid a $0.175 dividend. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.70 annualized dividend and a yield of 4.29%. JBG SMITH Properties's payout ratio is currently -53.85%.
Analysts Set New Price Targets
JBGS has been the subject of several research reports. BMO Capital Markets downgraded JBG SMITH Properties from a "market perform" rating to an "underperform" rating and cut their price objective for the stock from $18.00 to $15.00 in a research report on Tuesday, December 3rd. Evercore ISI boosted their price target on JBG SMITH Properties from $16.00 to $17.00 and gave the stock an "underperform" rating in a report on Monday, September 16th.
View Our Latest Stock Analysis on JBGS
JBG SMITH Properties Profile
(
Free Report)
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.
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