Resona Asset Management Co. Ltd. acquired a new position in JBG SMITH Properties (NYSE:JBGS - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 33,444 shares of the company's stock, valued at approximately $510,000.
A number of other hedge funds have also bought and sold shares of JBGS. Wells Fargo & Company MN grew its stake in shares of JBG SMITH Properties by 1.9% in the fourth quarter. Wells Fargo & Company MN now owns 501,377 shares of the company's stock worth $7,706,000 after acquiring an additional 9,134 shares during the period. Landscape Capital Management L.L.C. purchased a new stake in JBG SMITH Properties in the fourth quarter worth approximately $465,000. Yoffe Investment Management LLC bought a new stake in JBG SMITH Properties in the 4th quarter worth approximately $169,000. ExodusPoint Capital Management LP bought a new stake in JBG SMITH Properties in the 4th quarter worth approximately $626,000. Finally, GSI Capital Advisors LLC purchased a new stake in JBG SMITH Properties during the 4th quarter valued at $3,036,000. Hedge funds and other institutional investors own 98.46% of the company's stock.
JBG SMITH Properties Stock Performance
NYSE:JBGS traded up $0.30 on Wednesday, hitting $15.48. The stock had a trading volume of 95,464 shares, compared to its average volume of 957,241. JBG SMITH Properties has a 52-week low of $13.65 and a 52-week high of $18.86. The stock has a market cap of $1.27 billion, a price-to-earnings ratio of -9.27 and a beta of 1.08. 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 simple moving average is $15.23 and its two-hundred day simple moving average is $15.93.
JBG SMITH Properties (NYSE:JBGS - Get Free Report) last posted its quarterly earnings data on Tuesday, February 18th. The company reported $0.14 EPS for the quarter, topping the consensus estimate of ($0.38) by $0.52. The firm had revenue of $108.43 million during the quarter, compared to analyst estimates of $116.31 million. JBG SMITH Properties had a negative return on equity of 7.26% and a negative net margin of 26.22%.
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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