JBG SMITH Properties (NYSE:JBGS) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC reduced its stake in JBG SMITH Properties (NYSE:JBGS) by 4.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,068 shares of the company’s stock after selling 1,373 shares during the period. Yousif Capital Management LLC’s holdings in JBG SMITH Properties were worth $493,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in JBGS. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in 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 purchasing an additional 497,288 shares in the last quarter. Charles Schwab Investment Management Inc. increased 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 purchasing an additional 105,384 shares in the last quarter. Jane Street Group LLC increased its holdings in JBG SMITH Properties by 33.4% in the 3rd quarter. Jane Street Group LLC now owns 358,976 shares of the company’s stock valued at $6,275,000 after purchasing an additional 89,812 shares in the last quarter. Quantinno Capital Management LP increased its holdings in JBG SMITH Properties by 105.8% in 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 in the last quarter. Finally, Citigroup Inc. increased its holdings in JBG SMITH Properties by 1.1% in the 3rd 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. 98.46% of the stock is currently owned by institutional investors and hedge funds.

JBG SMITH Properties Stock Down 0.7 %

Shares of JBG SMITH Properties stock opened at $15.22 on Monday. The business has a 50-day moving average of $15.39 and a 200-day moving average of $16.54. The company has a debt-to-equity ratio of 1.38, a current ratio of 3.87 and a quick ratio of 3.87. The company has a market capitalization of $1.29 billion, a PE ratio of -11.70 and a beta of 1.11. JBG SMITH Properties has a 1-year low of $13.65 and a 1-year high of $18.86.

JBG SMITH Properties Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 14th. Stockholders of record on Monday, December 30th were paid a dividend of $0.175 per share. The ex-dividend date of this dividend was Monday, December 30th. This represents a $0.70 annualized dividend and a dividend yield of 4.60%. JBG SMITH Properties’s dividend payout ratio 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 target price for the company from $18.00 to $15.00 in a research note on Tuesday, December 3rd.

JBG SMITH Properties Profile

JBG SMITH Properties is a real estate investment trust, which engages in owning, operating, investing in, and developing a portfolio of mixed-use properties. It operates through the following segments: Multifamily, Commercial, and Other. The Multifamily segment refers to the commercial buildings with public areas, retail spaces, and walkable streets.