State of Alaska Department of Revenue Has $1.34 Million Stake in JBG SMITH Properties (NYSE:JBGS)

State of Alaska Department of Revenue lowered its holdings in shares of JBG SMITH Properties (NYSE:JBGS) by 2.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 87,061 shares of the company’s stock after selling 1,906 shares during the quarter. State of Alaska Department of Revenue owned 0.10% of JBG SMITH Properties worth $1,337,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake 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 valued at $10,712,000 after purchasing an additional 497,288 shares in the last quarter. 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 increased 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 during the last quarter. 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 valued at $1,238,000 after purchasing an additional 36,412 shares during the last quarter. Finally, Citigroup Inc. boosted its stake 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 in the last quarter. Institutional investors and hedge funds own 98.46% of the company’s stock.

JBG SMITH Properties Trading Down 0.7 %

Shares of JBG SMITH Properties stock opened at $14.95 on Thursday. The stock has a market capitalization of $1.26 billion, a PE ratio of -11.50 and a beta of 1.11. 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 has a 52 week low of $13.65 and a 52 week high of $18.86. The stock has a 50 day moving average price of $15.46 and a two-hundred day moving average price of $16.58.

JBG SMITH Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 14th. Shareholders of record on Monday, December 30th were paid a $0.175 dividend. The ex-dividend date was Monday, December 30th. This represents a $0.70 dividend on an annualized basis and a yield of 4.68%. JBG SMITH Properties’s dividend payout ratio (DPR) is presently -53.85%.

Analysts Set New Price Targets

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

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.