JBG SMITH Properties (NYSE:JBGS) Shares Sold by Wolverine Asset Management LLC

Wolverine Asset Management LLC lowered its stake in shares of JBG SMITH Properties (NYSE:JBGS - Free Report) by 19.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 80,983 shares of the company's stock after selling 19,461 shares during the quarter. Wolverine Asset Management LLC owned about 0.10% of JBG SMITH Properties worth $1,245,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Blue Trust Inc. boosted its stake in shares of JBG SMITH Properties by 706.3% during the 3rd quarter. Blue Trust Inc. now owns 1,911 shares of the company's stock worth $33,000 after acquiring an additional 1,674 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of JBG SMITH Properties by 30.0% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,262 shares of the company's stock valued at $57,000 after buying an additional 753 shares in the last quarter. KBC Group NV increased its position in JBG SMITH Properties by 64.9% during the fourth quarter. KBC Group NV now owns 5,677 shares of the company's stock worth $87,000 after buying an additional 2,234 shares during the period. Wolverine Trading LLC acquired a new position in JBG SMITH Properties in the third quarter valued at $239,000. Finally, Empowered Funds LLC purchased a new stake in shares of JBG SMITH Properties in the fourth quarter valued at about $239,000. Hedge funds and other institutional investors own 98.46% of the company's stock.

JBG SMITH Properties Stock Performance

JBGS traded up $0.01 during trading on Wednesday, hitting $15.53. The stock had a trading volume of 798,281 shares, compared to its average volume of 625,113. JBG SMITH Properties has a twelve month low of $13.65 and a twelve month high of $18.86. The firm has a market capitalization of $1.28 billion, a P/E ratio of -9.30 and a beta of 1.11. The company has a debt-to-equity ratio of 1.42, a quick ratio of 3.87 and a current ratio of 3.73. The company's 50-day moving average price is $15.20 and its 200 day moving average price is $16.48.

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

JBG SMITH Properties Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, January 14th. Stockholders of record on Monday, December 30th were paid a dividend of $0.175 per share. This represents a $0.70 annualized dividend and a dividend yield of 4.51%. The ex-dividend date was Monday, December 30th. JBG SMITH Properties's dividend payout ratio (DPR) is presently -41.92%.

Wall Street Analyst Weigh In

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

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.