SG Americas Securities LLC Sells 19,702 Shares of JBG SMITH Properties (NYSE:JBGS)

SG Americas Securities LLC decreased its position in JBG SMITH Properties (NYSE:JBGS - Free Report) by 73.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,080 shares of the company's stock after selling 19,702 shares during the period. SG Americas Securities LLC's holdings in JBG SMITH Properties were worth $109,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in JBGS. Citigroup Inc. raised its holdings in shares of JBG SMITH Properties by 1.1% in the 3rd quarter. Citigroup Inc. now owns 2,924,226 shares of the company's stock worth $51,115,000 after buying an additional 32,027 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of JBG SMITH Properties by 5.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,174,494 shares of the company's stock worth $38,010,000 after buying an additional 105,384 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of JBG SMITH Properties by 430.5% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 612,799 shares of the company's stock worth $10,712,000 after buying an additional 497,288 shares in the last quarter. Jane Street Group LLC raised its holdings in shares of JBG SMITH Properties by 33.4% in the 3rd quarter. Jane Street Group LLC now owns 358,976 shares of the company's stock worth $6,275,000 after buying an additional 89,812 shares in the last quarter. Finally, Public Employees Retirement System of Ohio raised its holdings in shares of JBG SMITH Properties by 4.1% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 126,812 shares of the company's stock worth $2,217,000 after buying an additional 5,043 shares in the last quarter. Institutional investors and hedge funds own 98.46% of the company's stock.

Analyst Ratings Changes

Separately, BMO Capital Markets cut JBG SMITH Properties from a "market perform" rating to an "underperform" rating and dropped their target price for the stock from $18.00 to $15.00 in a report on Tuesday, December 3rd.

JBG SMITH Properties Price Performance

JBGS stock traded down $0.10 during midday trading on Friday, reaching $15.22. 747,289 shares of the company's stock traded hands, compared to its average volume of 497,779. The company has a 50-day simple moving average of $15.39 and a two-hundred day simple moving average of $16.54. JBG SMITH Properties has a 1-year low of $13.65 and a 1-year high of $18.86. The company has a market cap of $1.29 billion, a price-to-earnings ratio of -11.70 and a beta of 1.11. The company has a quick ratio of 3.87, a current ratio of 3.87 and a debt-to-equity ratio of 1.38.

JBG SMITH Properties Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 14th. Investors of record on Monday, December 30th were issued a dividend of $0.175 per share. The ex-dividend date of this dividend was Monday, December 30th. This represents a $0.70 dividend on an annualized basis and a yield of 4.60%. JBG SMITH Properties's dividend payout ratio is -53.85%.

About JBG SMITH Properties

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.