Asset Management One Co. Ltd. Grows Stock Position in JBG SMITH Properties (NYSE:JBGS)

Asset Management One Co. Ltd. grew its holdings in shares of JBG SMITH Properties (NYSE:JBGS) by 3.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 125,610 shares of the company’s stock after buying an additional 4,130 shares during the quarter. Asset Management One Co. Ltd. owned 0.15% of JBG SMITH Properties worth $1,913,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Blue Trust Inc. raised its position in shares of JBG SMITH Properties by 706.3% during the 3rd quarter. Blue Trust Inc. now owns 1,911 shares of the company’s stock valued at $33,000 after acquiring an additional 1,674 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in JBG SMITH Properties by 30.0% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,262 shares of the company’s stock valued at $57,000 after buying an additional 753 shares in the last quarter. KBC Group NV boosted its stake in JBG SMITH Properties by 64.9% during the fourth quarter. KBC Group NV now owns 5,677 shares of the company’s stock valued at $87,000 after buying an additional 2,234 shares in the last quarter. Wolverine Trading LLC acquired a new position in shares of JBG SMITH Properties in the 3rd quarter valued at $239,000. Finally, Empowered Funds LLC acquired a new position in shares of JBG SMITH Properties in the 4th quarter valued at $239,000. 98.46% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

JBG SMITH Properties Stock Down 2.3 %

JBGS opened at $14.61 on Thursday. JBG SMITH Properties has a twelve month low of $13.65 and a twelve month high of $18.86. The firm has a market cap of $1.23 billion, a P/E ratio of -11.24 and a beta of 1.11. The business has a 50 day moving average price of $15.34 and a 200 day moving average price of $16.53. 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 (NYSE:JBGS) last released its quarterly earnings data on Tuesday, February 18th. The company reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.38) by $0.52. The business had revenue of $108.43 million for the quarter, compared to analysts’ expectations of $116.31 million. JBG SMITH Properties had a negative return on equity of 5.56% and a negative net margin of 20.60%.

JBG SMITH Properties Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 14th. Shareholders of record on Monday, December 30th were given a $0.175 dividend. This represents a $0.70 dividend on an annualized basis and a yield of 4.79%. The ex-dividend date was Monday, December 30th. JBG SMITH Properties’s dividend payout ratio (DPR) is -53.85%.

JBG SMITH Properties Company 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.