Vanguard Group Inc. Sells 282,336 Shares of JBG SMITH Properties (NYSE:JBGS)

Vanguard Group Inc. lessened its position in JBG SMITH Properties (NYSE:JBGS - Free Report) by 2.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,157,481 shares of the company's stock after selling 282,336 shares during the period. Vanguard Group Inc. owned 15.57% of JBG SMITH Properties worth $202,230,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Jane Street Group LLC increased its holdings in 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 purchasing an additional 89,812 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in 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 purchasing an additional 497,288 shares in the last quarter. Franklin Resources Inc. acquired a new position in JBG SMITH Properties in the 3rd quarter worth about $500,000. Asset Management One Co. Ltd. increased its holdings in JBG SMITH Properties by 3.4% in the 4th quarter. Asset Management One Co. Ltd. now owns 125,610 shares of the company's stock worth $1,913,000 after purchasing an additional 4,130 shares in the last quarter. Finally, Empowered Funds LLC acquired a new position in JBG SMITH Properties in the 4th quarter worth about $239,000. Institutional investors and hedge funds own 98.46% of the company's stock.

JBG SMITH Properties Trading Down 2.4 %

Shares of NYSE JBGS traded down $0.37 during trading on Thursday, reaching $14.87. The company had a trading volume of 51,793 shares, compared to its average volume of 808,454. The company's fifty day moving average price is $15.22 and its 200-day moving average price is $16.00. JBG SMITH Properties has a 12 month low of $13.65 and a 12 month high of $18.86. The stock has a market cap of $1.22 billion, a P/E ratio of -8.90 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.

JBG SMITH Properties (NYSE:JBGS - Get Free Report) last released its quarterly earnings results on Tuesday, February 18th. The company reported $0.14 EPS for the quarter, beating analysts' consensus estimates of ($0.38) by $0.52. JBG SMITH Properties had a negative return on equity of 7.26% and a negative net margin of 26.22%. The firm had revenue of $108.43 million for the quarter, compared to analyst estimates of $116.31 million.

JBG SMITH Properties Company Profile

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.