Short Interest in JBG SMITH Properties (NYSE:JBGS) Decreases By 9.0%

JBG SMITH Properties (NYSE:JBGS - Get Free Report) saw a significant decrease in short interest in December. As of December 31st, there was short interest totalling 6,380,000 shares, a decrease of 9.0% from the December 15th total of 7,010,000 shares. Approximately 7.6% of the shares of the stock are sold short. Based on an average daily volume of 540,000 shares, the short-interest ratio is presently 11.8 days.

Hedge Funds Weigh In On JBG SMITH Properties

Hedge funds and other institutional investors have recently modified their holdings of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in JBG SMITH Properties by 430.5% during 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 valued at $10,712,000 after buying an additional 497,288 shares during the period. Charles Schwab Investment Management Inc. grew its position in JBG SMITH Properties by 5.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,174,494 shares of the company's stock worth $38,010,000 after purchasing an additional 105,384 shares in the last quarter. Jane Street Group LLC raised its position 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 valued at $6,275,000 after buying an additional 89,812 shares during the period. Caxton Associates LP lifted its position in shares of JBG SMITH Properties by 42.9% in the second quarter. Caxton Associates LP now owns 167,991 shares of the company's stock worth $2,559,000 after purchasing an additional 50,432 shares in the last quarter. Finally, Quantinno Capital Management LP boosted its stake in shares of JBG SMITH Properties by 105.8% during the 3rd quarter. Quantinno Capital Management LP now owns 70,823 shares of the company's stock valued at $1,238,000 after buying an additional 36,412 shares during the period. Institutional investors and hedge funds own 98.46% of the company's stock.

Analysts Set New Price Targets

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

JBG SMITH Properties Stock Up 0.1 %

Shares of NYSE JBGS traded up $0.02 on Friday, hitting $15.44. The company had a trading volume of 347,063 shares, compared to its average volume of 525,775. 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 has a 12-month low of $13.65 and a 12-month high of $18.86. The business has a 50 day moving average of $15.75 and a two-hundred day moving average of $16.70. The firm has a market capitalization of $1.30 billion, a P/E ratio of -11.87 and a beta of 1.11.

JBG SMITH Properties (NYSE:JBGS - Get Free Report) last posted its quarterly earnings data on Tuesday, October 29th. The company reported ($0.32) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.35) by $0.03. JBG SMITH Properties had a negative return on equity of 5.56% and a negative net margin of 20.60%. The company had revenue of $136.03 million for the quarter.

JBG SMITH Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 14th. Shareholders of record on Monday, December 30th were issued a $0.175 dividend. The ex-dividend date was Monday, December 30th. This represents a $0.70 dividend on an annualized basis and a yield of 4.54%. JBG SMITH Properties's dividend payout ratio is currently -53.85%.

JBG SMITH Properties Company Profile

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.