Nisa Investment Advisors LLC Decreases Stock Holdings in JBG SMITH Properties (NYSE:JBGS)

Nisa Investment Advisors LLC lessened its holdings in JBG SMITH Properties (NYSE:JBGS) by 8.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 30,184 shares of the company’s stock after selling 2,901 shares during the quarter. Nisa Investment Advisors LLC’s holdings in JBG SMITH Properties were worth $470,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of JBG SMITH Properties by 430.5% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 612,799 shares of the company’s stock valued at $10,712,000 after buying an additional 497,288 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in JBG SMITH Properties by 5.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 2,174,494 shares of the company’s stock valued at $38,010,000 after acquiring an additional 105,384 shares during the last quarter. Jane Street Group LLC boosted its stake in JBG SMITH Properties by 33.4% in 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 in the last quarter. Quantinno Capital Management LP grew its holdings in shares of JBG SMITH Properties by 105.8% during the third quarter. Quantinno Capital Management LP now owns 70,823 shares of the company’s stock worth $1,238,000 after purchasing an additional 36,412 shares during the last quarter. Finally, Citigroup Inc. increased its position in shares of JBG SMITH Properties by 1.1% during 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 in the last quarter. Hedge funds and other institutional investors own 98.46% of the company’s stock.

Analysts Set New Price Targets

Separately, BMO Capital Markets cut JBG SMITH Properties from a “market perform” rating to an “underperform” rating and decreased their target price for the company from $18.00 to $15.00 in a research report on Tuesday, December 3rd.

JBG SMITH Properties Stock Performance

Shares of JBGS opened at $15.25 on Wednesday. The company’s 50 day simple moving average is $15.72 and its 200-day simple moving average is $16.69. The firm has a market cap of $1.29 billion, a PE ratio of -11.73 and a beta of 1.11. JBG SMITH Properties has a 12-month low of $13.65 and a 12-month high of $18.86. The company has a current ratio of 3.87, a quick ratio of 3.87 and a debt-to-equity ratio of 1.38.

JBG SMITH Properties (NYSE:JBGS) last issued its quarterly earnings data 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 company had revenue of $136.03 million for the quarter.

JBG SMITH Properties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 14th. Investors of record on Monday, December 30th were issued a dividend of $0.175 per share. This represents a $0.70 dividend on an annualized basis and a dividend yield of 4.59%. The ex-dividend date of this dividend was Monday, December 30th. JBG SMITH Properties’s dividend payout ratio is currently -53.85%.

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.