Mutual of America Capital Management LLC Has $227,000 Position in JBG SMITH Properties (NYSE:JBGS)

Mutual of America Capital Management LLC lowered its holdings in JBG SMITH Properties (NYSE:JBGS) by 5.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,012 shares of the company’s stock after selling 735 shares during the quarter. Mutual of America Capital Management LLC’s holdings in JBG SMITH Properties were worth $227,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD raised its stake in JBG SMITH Properties by 2.5% during the first quarter. Price T Rowe Associates Inc. MD now owns 74,311 shares of the company’s stock worth $1,193,000 after acquiring an additional 1,824 shares in the last quarter. Harbor Capital Advisors Inc. increased its position in shares of JBG SMITH Properties by 82.7% during the 2nd quarter. Harbor Capital Advisors Inc. now owns 60,521 shares of the company’s stock worth $922,000 after purchasing an additional 27,399 shares in the last quarter. SG Americas Securities LLC lifted its holdings in JBG SMITH Properties by 1,178.0% during the 2nd quarter. SG Americas Securities LLC now owns 152,496 shares of the company’s stock valued at $2,323,000 after purchasing an additional 140,564 shares during the last quarter. Bfsg LLC boosted its position in JBG SMITH Properties by 9.5% in the second quarter. Bfsg LLC now owns 12,655 shares of the company’s stock valued at $193,000 after buying an additional 1,102 shares in the last quarter. Finally, Wolverine Asset Management LLC increased its holdings in shares of JBG SMITH Properties by 678.7% during the second quarter. Wolverine Asset Management LLC now owns 131,818 shares of the company’s stock worth $2,008,000 after buying an additional 114,891 shares in the last quarter. Institutional investors and hedge funds own 98.46% of the company’s stock.

JBG SMITH Properties Price Performance

JBG SMITH Properties stock opened at $17.12 on Friday. JBG SMITH Properties has a 52 week low of $13.61 and a 52 week high of $18.86. The firm has a market cap of $1.45 billion, a P/E ratio of -13.17 and a beta of 1.10. The company has a debt-to-equity ratio of 1.38, a quick ratio of 3.87 and a current ratio of 3.87. The business’s fifty day moving average is $17.20 and its two-hundred day moving average is $16.43.

JBG SMITH Properties (NYSE:JBGS) last issued its quarterly earnings results on Tuesday, October 29th. The company reported ($0.32) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.35) by $0.03. JBG SMITH Properties had a negative net margin of 20.60% and a negative return on equity of 5.56%. The business had revenue of $136.03 million for the quarter.

JBG SMITH Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 7th were given a $0.175 dividend. This represents a $0.70 annualized dividend and a yield of 4.09%. The ex-dividend date was Thursday, November 7th. JBG SMITH Properties’s dividend payout ratio (DPR) is presently -53.85%.

Wall Street Analysts Forecast Growth

Separately, Evercore ISI lifted their target price 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 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.