Asset Management One Co. Ltd. Buys 680 Shares of JBG SMITH Properties (NYSE:JBGS)

Asset Management One Co. Ltd. increased its stake in shares of JBG SMITH Properties (NYSE:JBGS) by 0.6% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 121,480 shares of the company’s stock after buying an additional 680 shares during the period. Asset Management One Co. Ltd. owned 0.14% of JBG SMITH Properties worth $2,123,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Blue Trust Inc. boosted its holdings 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 worth $33,000 after buying an additional 1,674 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its holdings in JBG SMITH Properties by 30.0% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,262 shares of the company’s stock valued at $57,000 after purchasing an additional 753 shares during the period. Bfsg LLC boosted its holdings in JBG SMITH Properties by 9.5% in the 2nd quarter. Bfsg LLC now owns 12,655 shares of the company’s stock valued at $193,000 after purchasing an additional 1,102 shares during the period. Van ECK Associates Corp boosted its holdings in JBG SMITH Properties by 4.7% in the 3rd quarter. Van ECK Associates Corp now owns 15,588 shares of the company’s stock valued at $282,000 after purchasing an additional 702 shares during the period. Finally, Inspire Investing LLC boosted its holdings in JBG SMITH Properties by 4.2% in the 2nd quarter. Inspire Investing LLC now owns 23,241 shares of the company’s stock valued at $354,000 after purchasing an additional 937 shares during the period. Institutional investors own 98.46% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Evercore ISI boosted their price objective on shares of JBG SMITH Properties from $16.00 to $17.00 and gave the company an “underperform” rating in a report on Monday, September 16th.

JBG SMITH Properties Stock Performance

NYSE JBGS opened at $17.40 on Friday. The company has a quick ratio of 3.87, a current ratio of 3.87 and a debt-to-equity ratio of 1.38. The company has a market capitalization of $1.47 billion, a P/E ratio of -13.38 and a beta of 1.10. JBG SMITH Properties has a 12-month low of $12.63 and a 12-month high of $18.86. The firm has a 50-day moving average price of $17.72 and a two-hundred day moving average price of $16.32.

JBG SMITH Properties (NYSE:JBGS) last issued its earnings results on Tuesday, October 29th. The company reported ($0.32) EPS for the quarter, beating the consensus estimate of ($0.35) by $0.03. The company had revenue of $136.03 million during the quarter. JBG SMITH Properties had a negative net margin of 20.60% and a negative return on equity of 5.56%.

JBG SMITH Properties Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, November 22nd. Stockholders of record on Thursday, November 7th will be given a $0.175 dividend. This represents a $0.70 annualized dividend and a dividend yield of 4.02%. The ex-dividend date is Thursday, November 7th. JBG SMITH Properties’s payout ratio is presently -53.85%.

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.