Blue Trust Inc. Buys 1,674 Shares of JBG SMITH Properties (NYSE:JBGS)

Blue Trust Inc. lifted its stake in JBG SMITH Properties (NYSE:JBGS) by 706.3% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,911 shares of the company’s stock after acquiring an additional 1,674 shares during the period. Blue Trust Inc.’s holdings in JBG SMITH Properties were worth $33,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the stock. Inspire Investing LLC increased its position in JBG SMITH Properties by 4.2% in the 2nd quarter. Inspire Investing LLC now owns 23,241 shares of the company’s stock worth $354,000 after buying an additional 937 shares during the period. Bfsg LLC raised its stake 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 valued at $193,000 after purchasing an additional 1,102 shares in the last quarter. Daiwa Securities Group Inc. raised its stake in JBG SMITH Properties by 6.8% during the first quarter. Daiwa Securities Group Inc. now owns 28,323 shares of the company’s stock worth $455,000 after acquiring an additional 1,815 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake in JBG SMITH Properties by 2.5% during the first quarter. Price T Rowe Associates Inc. MD now owns 74,311 shares of the company’s stock worth $1,193,000 after acquiring an additional 1,824 shares in the last quarter. Finally, Handelsbanken Fonder AB raised its stake in JBG SMITH Properties by 11.3% during the third quarter. Handelsbanken Fonder AB now owns 28,500 shares of the company’s stock worth $498,000 after acquiring an additional 2,900 shares in the last quarter. 98.46% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Separately, Evercore ISI increased their price objective on JBG SMITH Properties from $16.00 to $17.00 and gave the stock an “underperform” rating in a research note on Monday, September 16th.

JBG SMITH Properties Trading Down 1.3 %

Shares of JBGS stock opened at $16.78 on Friday. The stock’s fifty day moving average is $17.74 and its 200-day moving average is $16.24. The company has a debt-to-equity ratio of 1.38, a quick ratio of 3.88 and a current ratio of 3.87. JBG SMITH Properties has a 52 week low of $12.63 and a 52 week high of $18.86.

JBG SMITH Properties (NYSE:JBGS) last announced its earnings results on Tuesday, October 29th. The company reported ($0.32) EPS for the quarter, topping the consensus estimate of ($0.35) by $0.03. The company had revenue of $136.03 million for the quarter. 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 firm also recently announced a quarterly dividend, which will be paid on Friday, November 22nd. Stockholders of record on Thursday, November 7th will be issued a dividend of $0.175 per share. This represents a $0.70 annualized dividend and a dividend yield of 4.17%. The ex-dividend date is Thursday, November 7th. JBG SMITH Properties’s payout ratio is presently -53.85%.

About JBG SMITH Properties

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.