SG Americas Securities LLC Sells 19,702 Shares of JBG SMITH Properties (NYSE:JBGS)

SG Americas Securities LLC reduced its holdings in JBG SMITH Properties (NYSE:JBGS) by 73.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 7,080 shares of the company’s stock after selling 19,702 shares during the quarter. SG Americas Securities LLC’s holdings in JBG SMITH Properties were worth $109,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in JBGS. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of 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 valued at $10,712,000 after buying an additional 497,288 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in JBG SMITH Properties by 5.1% in 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 acquiring an additional 105,384 shares in the last quarter. Jane Street Group LLC lifted its position in shares of JBG SMITH Properties by 33.4% in the 3rd quarter. Jane Street Group LLC now owns 358,976 shares of the company’s stock worth $6,275,000 after acquiring an additional 89,812 shares during the period. Quantinno Capital Management LP grew its holdings in shares of JBG SMITH Properties by 105.8% during the 3rd 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 in 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 valued at $51,115,000 after purchasing an additional 32,027 shares during the period. 98.46% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

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

JBG SMITH Properties Price Performance

Shares of JBG SMITH Properties stock opened at $14.95 on Thursday. The firm has a market cap of $1.26 billion, a P/E ratio of -11.50 and a beta of 1.11. The firm’s 50-day simple moving average is $15.46 and its 200-day simple moving average is $16.58. JBG SMITH Properties has a twelve month low of $13.65 and a twelve month high of $18.86. The company has a debt-to-equity ratio of 1.38, a quick ratio of 3.87 and a current ratio of 3.87.

JBG SMITH Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 14th. Shareholders 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 yield of 4.68%. The ex-dividend date of this dividend was Monday, December 30th. JBG SMITH Properties’s payout ratio is -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.