Inspire Investing LLC Boosts Holdings in JBG SMITH Properties (NYSE:JBGS)

Inspire Investing LLC grew its position in JBG SMITH Properties (NYSE:JBGS) by 4.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 23,241 shares of the company’s stock after purchasing an additional 937 shares during the quarter. Inspire Investing LLC’s holdings in JBG SMITH Properties were worth $354,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of JBGS. Private Management Group Inc. increased its position in JBG SMITH Properties by 28.8% during the 2nd quarter. Private Management Group Inc. now owns 2,026,209 shares of the company’s stock valued at $30,859,000 after buying an additional 452,901 shares in the last quarter. Wellington Management Group LLP grew its stake in shares of JBG SMITH Properties by 13.6% during the fourth quarter. Wellington Management Group LLP now owns 1,286,706 shares of the company’s stock worth $21,887,000 after acquiring an additional 153,552 shares during the last quarter. Quest Partners LLC increased its holdings in shares of JBG SMITH Properties by 1,003.3% during the second quarter. Quest Partners LLC now owns 159,665 shares of the company’s stock valued at $2,432,000 after acquiring an additional 145,194 shares in the last quarter. Thompson Siegel & Walmsley LLC raised its position in shares of JBG SMITH Properties by 6.4% in the 2nd quarter. Thompson Siegel & Walmsley LLC now owns 2,359,905 shares of the company’s stock valued at $35,941,000 after purchasing an additional 141,802 shares during the last quarter. Finally, SG Americas Securities LLC boosted its stake in JBG SMITH Properties by 1,178.0% in the 2nd quarter. SG Americas Securities LLC now owns 152,496 shares of the company’s stock worth $2,323,000 after purchasing an additional 140,564 shares in the last quarter. 98.46% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

JBG SMITH Properties Stock Performance

Shares of JBGS stock opened at $18.05 on Monday. The business has a fifty day moving average of $17.08 and a 200 day moving average of $15.89. JBG SMITH Properties has a 1 year low of $12.63 and a 1 year high of $18.86. The company has a debt-to-equity ratio of 1.29, a current ratio of 3.88 and a quick ratio of 3.88. The firm has a market capitalization of $1.60 billion, a price-to-earnings ratio of -12.99 and a beta of 1.10.

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

JBG SMITH Properties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 21st. Shareholders of record on Wednesday, August 7th were paid a dividend of $0.175 per share. This represents a $0.70 annualized dividend and a yield of 3.88%. The ex-dividend date of this dividend was Wednesday, August 7th. JBG SMITH Properties’s payout ratio is -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.