Barclays PLC Decreases Stock Holdings in JBG SMITH Properties (NYSE:JBGS)

Barclays PLC lowered its stake in shares of JBG SMITH Properties (NYSE:JBGS) by 22.2% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 142,409 shares of the company’s stock after selling 40,642 shares during the period. Barclays PLC owned approximately 0.17% of JBG SMITH Properties worth $2,489,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Citigroup Inc. boosted its holdings in JBG SMITH Properties by 1.1% in the third quarter. Citigroup Inc. now owns 2,924,226 shares of the company’s stock worth $51,115,000 after purchasing an additional 32,027 shares during the last quarter. Jane Street Group LLC increased its position in JBG SMITH Properties by 33.4% during the third quarter. Jane Street Group LLC now owns 358,976 shares of the company’s stock valued at $6,275,000 after acquiring an additional 89,812 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in JBG SMITH Properties by 430.5% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 612,799 shares of the company’s stock worth $10,712,000 after purchasing an additional 497,288 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of JBG SMITH Properties by 5.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,174,494 shares of the company’s stock valued at $38,010,000 after purchasing an additional 105,384 shares during the period. Finally, Quest Partners LLC grew its stake in shares of JBG SMITH Properties by 1,003.3% during the 2nd quarter. Quest Partners LLC now owns 159,665 shares of the company’s stock valued at $2,432,000 after purchasing an additional 145,194 shares during the period. Hedge funds and other institutional investors own 98.46% of the company’s stock.

JBG SMITH Properties Stock Up 1.4 %

NYSE JBGS opened at $15.58 on Thursday. JBG SMITH Properties has a 52 week low of $13.65 and a 52 week high of $18.86. The company has a quick ratio of 3.87, a current ratio of 3.87 and a debt-to-equity ratio of 1.38. The company has a market capitalization of $1.32 billion, a P/E ratio of -11.98 and a beta of 1.10. The stock’s 50-day moving average price is $16.68 and its 200-day moving average price is $16.66.

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

JBG SMITH Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 14th. Investors of record on Monday, December 30th will be paid a dividend of $0.175 per share. This represents a $0.70 annualized dividend and a yield of 4.49%. The ex-dividend date of this dividend is Monday, December 30th. JBG SMITH Properties’s dividend payout ratio (DPR) is presently -53.85%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. BMO Capital Markets downgraded shares of JBG SMITH Properties from a “market perform” rating to an “underperform” rating and dropped their price objective for the stock from $18.00 to $15.00 in a report on Tuesday, December 3rd. Evercore ISI lifted their price target on shares of JBG SMITH Properties from $16.00 to $17.00 and gave the stock 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.