Thompson Siegel & Walmsley LLC Cuts Stake in JBG SMITH Properties (NYSE:JBGS)

Thompson Siegel & Walmsley LLC cut its stake in JBG SMITH Properties (NYSE:JBGS - Free Report) by 9.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,132,069 shares of the company's stock after selling 227,836 shares during the period. Thompson Siegel & Walmsley LLC owned approximately 2.52% of JBG SMITH Properties worth $37,269,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Caxton Associates LP raised its holdings in shares of JBG SMITH Properties by 504.0% during the 1st quarter. Caxton Associates LP now owns 117,559 shares of the company's stock worth $1,887,000 after acquiring an additional 98,096 shares during the period. State Board of Administration of Florida Retirement System increased its position in JBG SMITH Properties by 313.6% during the first quarter. State Board of Administration of Florida Retirement System now owns 131,869 shares of the company's stock worth $1,986,000 after purchasing an additional 99,983 shares during the last quarter. SG Americas Securities LLC raised its stake in JBG SMITH Properties by 1,178.0% during the second quarter. SG Americas Securities LLC now owns 152,496 shares of the company's stock worth $2,323,000 after purchasing an additional 140,564 shares during the period. Quest Partners LLC boosted its holdings in JBG SMITH Properties by 1,003.3% in the 2nd quarter. Quest Partners LLC now owns 159,665 shares of the company's stock valued at $2,432,000 after purchasing an additional 145,194 shares during the last quarter. Finally, Wolverine Asset Management LLC grew its stake in shares of JBG SMITH Properties by 678.7% in the 2nd quarter. Wolverine Asset Management LLC now owns 131,818 shares of the company's stock valued at $2,008,000 after buying an additional 114,891 shares during the period. Institutional investors and hedge funds own 98.46% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Evercore ISI lifted their price target on shares of JBG SMITH Properties from $16.00 to $17.00 and gave the company an "underperform" rating in a research report on Monday, September 16th.

JBG SMITH Properties Trading Up 0.7 %

Shares of JBG SMITH Properties stock traded up $0.11 during trading hours on Thursday, hitting $15.61. The company's stock had a trading volume of 632,530 shares, compared to its average volume of 866,840. The stock has a market cap of $1.32 billion, a price-to-earnings ratio of -11.92 and a beta of 1.10. The company has a debt-to-equity ratio of 1.38, a quick ratio of 3.87 and a current ratio of 3.87. JBG SMITH Properties has a twelve month low of $13.03 and a twelve month high of $18.86. The firm has a fifty day moving average of $17.43 and a 200-day moving average of $16.35.

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

JBG SMITH Properties Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 22nd. Stockholders of record on Thursday, November 7th will be given a dividend of $0.175 per share. The ex-dividend date of this dividend is Thursday, November 7th. This represents a $0.70 annualized dividend and a dividend yield of 4.48%. JBG SMITH Properties's dividend payout ratio is currently -53.85%.

About JBG SMITH Properties

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.