JBG SMITH Properties (NYSE:JBGS) Shares Sold by Bfsg LLC

Bfsg LLC decreased its position in JBG SMITH Properties (NYSE:JBGS) by 21.4% in the 4th quarter, Holdings Channel.com reports. The fund owned 9,205 shares of the company’s stock after selling 2,510 shares during the period. Bfsg LLC’s holdings in JBG SMITH Properties were worth $141,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Asset Management One Co. Ltd. boosted its position in JBG SMITH Properties by 0.6% during the 3rd quarter. Asset Management One Co. Ltd. now owns 121,480 shares of the company’s stock valued at $2,123,000 after purchasing an additional 680 shares during the period. Van ECK Associates Corp boosted its position in JBG SMITH Properties by 4.7% during the 3rd quarter. Van ECK Associates Corp now owns 15,588 shares of the company’s stock valued at $282,000 after purchasing an additional 702 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its position in JBG SMITH Properties by 30.0% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,262 shares of the company’s stock valued at $57,000 after purchasing an additional 753 shares during the period. DekaBank Deutsche Girozentrale boosted its position in JBG SMITH Properties by 5.0% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 21,541 shares of the company’s stock valued at $368,000 after purchasing an additional 1,021 shares during the period. Finally, Carmel Capital Partners LLC boosted its position in JBG SMITH Properties by 4.3% during the 3rd quarter. Carmel Capital Partners LLC now owns 26,200 shares of the company’s stock valued at $458,000 after purchasing an additional 1,084 shares during the period. Institutional investors and hedge funds own 98.46% of the company’s stock.

JBG SMITH Properties Trading Down 1.4 %

NYSE:JBGS opened at $14.98 on Wednesday. The company has a debt-to-equity ratio of 1.38, a current ratio of 3.87 and a quick ratio of 3.87. 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 simple moving average of $15.36 and a 200 day simple moving average of $16.54. The firm has a market capitalization of $1.27 billion, a P/E ratio of -11.52 and a beta of 1.11.

JBG SMITH Properties (NYSE:JBGS) last announced its quarterly earnings results on Tuesday, February 18th. The company reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.38) by $0.52. JBG SMITH Properties had a negative return on equity of 5.56% and a negative net margin of 20.60%.

JBG SMITH Properties Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 14th. Shareholders of record on Monday, December 30th were given 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 4.67%. JBG SMITH Properties’s dividend payout ratio (DPR) is presently -53.85%.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets lowered JBG SMITH Properties from a “market perform” rating to an “underperform” rating and reduced their price objective 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.