Rhumbline Advisers Sells 11,375 Shares of JBG SMITH Properties (NYSE:JBGS)

Rhumbline Advisers lowered its position in JBG SMITH Properties (NYSE:JBGS) by 3.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 302,140 shares of the company’s stock after selling 11,375 shares during the quarter. Rhumbline Advisers owned about 0.34% of JBG SMITH Properties worth $4,602,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Brown Brothers Harriman & Co. raised its position in JBG SMITH Properties by 127.2% in the 4th quarter. Brown Brothers Harriman & Co. now owns 1,786 shares of the company’s stock worth $30,000 after purchasing an additional 1,000 shares during the period. Quest Partners LLC bought a new position in shares of JBG SMITH Properties during the fourth quarter valued at approximately $186,000. Bfsg LLC raised its holdings in shares of JBG SMITH Properties by 9.5% in the second quarter. Bfsg LLC now owns 12,655 shares of the company’s stock worth $193,000 after buying an additional 1,102 shares during the period. Carmel Capital Partners LLC lifted its stake in shares of JBG SMITH Properties by 7.6% during the 1st quarter. Carmel Capital Partners LLC now owns 23,043 shares of the company’s stock worth $370,000 after acquiring an additional 1,618 shares during the last quarter. Finally, Daiwa Securities Group Inc. boosted its holdings in JBG SMITH Properties by 6.8% during the 1st quarter. Daiwa Securities Group Inc. now owns 28,323 shares of the company’s stock valued at $455,000 after acquiring an additional 1,815 shares during the period. Institutional investors own 98.46% of the company’s stock.

JBG SMITH Properties Stock Performance

Shares of JBG SMITH Properties stock opened at $18.23 on Monday. The company has a quick ratio of 3.88, a current ratio of 3.88 and a debt-to-equity ratio of 1.29. The stock’s fifty day moving average is $16.85 and its two-hundred day moving average is $15.85. JBG SMITH Properties has a 52 week low of $12.63 and a 52 week high of $18.25. The company has a market capitalization of $1.61 billion, a PE ratio of -13.12 and a beta of 1.10.

JBG SMITH Properties (NYSE:JBGS) last posted its quarterly earnings results on Tuesday, July 30th. The company reported ($0.27) EPS for the quarter, topping analysts’ consensus estimates of ($0.41) by $0.14. JBG SMITH Properties had a negative net margin of 25.40% and a negative return on equity of 6.64%. The firm had revenue of $135.32 million for the quarter.

JBG SMITH Properties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 21st. Stockholders of record on Wednesday, August 7th were paid a dividend of $0.175 per share. This represents a $0.70 annualized dividend and a dividend yield of 3.84%. The ex-dividend date of this dividend was Wednesday, August 7th. JBG SMITH Properties’s dividend payout ratio is presently -50.36%.

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.