SG Americas Securities LLC Sells 125,714 Shares of JBG SMITH Properties (NYSE:JBGS)

SG Americas Securities LLC trimmed its holdings in JBG SMITH Properties (NYSE:JBGS) by 82.4% in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 26,782 shares of the company’s stock after selling 125,714 shares during the quarter. SG Americas Securities LLC’s holdings in JBG SMITH Properties were worth $468,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of JBGS. Bfsg LLC increased its holdings in JBG SMITH Properties by 9.5% in the 2nd quarter. Bfsg LLC now owns 12,655 shares of the company’s stock worth $193,000 after buying an additional 1,102 shares in the last quarter. Inspire Investing LLC increased its holdings in JBG SMITH Properties by 4.2% in the 2nd quarter. Inspire Investing LLC now owns 23,241 shares of the company’s stock worth $354,000 after buying an additional 937 shares in the last quarter. AQR Capital Management LLC increased its holdings in JBG SMITH Properties by 105.2% in the 2nd quarter. AQR Capital Management LLC now owns 28,840 shares of the company’s stock worth $434,000 after buying an additional 14,787 shares in the last quarter. Daiwa Securities Group Inc. increased its holdings in JBG SMITH Properties by 6.8% in the 1st quarter. Daiwa Securities Group Inc. now owns 28,323 shares of the company’s stock worth $455,000 after buying an additional 1,815 shares in the last quarter. Finally, Jupiter Asset Management Ltd. bought a new stake in JBG SMITH Properties in the 2nd quarter worth about $475,000. 98.46% of the stock is currently owned by institutional investors.

JBG SMITH Properties Trading Up 1.4 %

JBG SMITH Properties stock opened at $18.33 on Thursday. The business has a 50-day simple moving average of $17.50 and a two-hundred day simple moving average of $16.02. The company has a market cap of $1.62 billion, a P/E ratio of -13.19 and a beta of 1.10. JBG SMITH Properties has a 52-week low of $12.63 and a 52-week high of $18.86. The company has a quick ratio of 3.88, a current ratio of 3.88 and a debt-to-equity ratio of 1.29.

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

JBG SMITH Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 21st. Stockholders of record on Wednesday, August 7th were given 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 dividend yield of 3.82%. JBG SMITH Properties’s payout ratio is currently -50.36%.

Analysts Set New Price Targets

Separately, Evercore ISI boosted their price target on JBG SMITH Properties from $16.00 to $17.00 and gave the company an “underperform” rating in a research note on Monday, September 16th.

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.