Inspire Investing LLC Purchases 937 Shares of JBG SMITH Properties (NYSE:JBGS)

Inspire Investing LLC lifted its position in JBG SMITH Properties (NYSE:JBGS) by 4.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 23,241 shares of the company’s stock after acquiring an additional 937 shares during the quarter. Inspire Investing LLC’s holdings in JBG SMITH Properties were worth $354,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. XTX Topco Ltd grew its position in JBG SMITH Properties by 128.1% in the 2nd quarter. XTX Topco Ltd now owns 34,040 shares of the company’s stock valued at $518,000 after acquiring an additional 19,117 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in JBG SMITH Properties by 0.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,295,686 shares of the company’s stock worth $19,733,000 after buying an additional 9,581 shares during the period. Thompson Siegel & Walmsley LLC lifted its holdings in JBG SMITH Properties by 6.4% during the 2nd quarter. Thompson Siegel & Walmsley LLC now owns 2,359,905 shares of the company’s stock valued at $35,941,000 after buying an additional 141,802 shares in the last quarter. Jupiter Asset Management Ltd. purchased a new stake in JBG SMITH Properties in the 2nd quarter valued at about $475,000. Finally, Private Management Group Inc. boosted its position in JBG SMITH Properties by 28.8% in the 2nd quarter. Private Management Group Inc. now owns 2,026,209 shares of the company’s stock valued at $30,859,000 after buying an additional 452,901 shares during the period. 98.46% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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 note on Monday, September 16th.

JBG SMITH Properties Stock Performance

Shares of JBG SMITH Properties stock opened at $18.05 on Monday. The company has a current ratio of 3.88, a quick ratio of 3.88 and a debt-to-equity ratio of 1.29. The stock’s fifty day moving average price is $17.08 and its 200-day moving average price is $15.89. The firm has a market cap of $1.60 billion, a P/E ratio of -12.99 and a beta of 1.10. JBG SMITH Properties has a 12 month low of $12.63 and a 12 month high of $18.86.

JBG SMITH Properties (NYSE:JBGS) last posted its earnings results on Tuesday, July 30th. The company reported ($0.27) EPS for the quarter, beating analysts’ consensus estimates of ($0.41) by $0.14. JBG SMITH Properties had a negative net margin of 25.40% and a negative return on equity of 6.64%. The business had revenue of $135.32 million for the quarter.

JBG SMITH Properties Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 21st. Shareholders of record on Wednesday, August 7th were issued a dividend of $0.175 per share. The ex-dividend date was Wednesday, August 7th. This represents a $0.70 dividend on an annualized basis and a yield of 3.88%. JBG SMITH Properties’s dividend payout ratio is currently -50.36%.

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.