JBG SMITH Properties (NYSE:JBGS) Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lowered its position in JBG SMITH Properties (NYSE:JBGS) by 17.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 33,085 shares of the company’s stock after selling 6,828 shares during the quarter. Nisa Investment Advisors LLC’s holdings in JBG SMITH Properties were worth $578,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Caxton Associates LP boosted its holdings in JBG SMITH Properties by 504.0% during the first quarter. Caxton Associates LP now owns 117,559 shares of the company’s stock worth $1,887,000 after buying an additional 98,096 shares in the last quarter. State Board of Administration of Florida Retirement System raised its holdings in JBG SMITH Properties by 313.6% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 131,869 shares of the company’s stock worth $1,986,000 after acquiring an additional 99,983 shares during the period. SG Americas Securities LLC raised its holdings 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 acquiring an additional 140,564 shares during the period. Quest Partners LLC grew its position in JBG SMITH Properties by 1,003.3% in the 2nd quarter. Quest Partners LLC now owns 159,665 shares of the company’s stock worth $2,432,000 after purchasing an additional 145,194 shares during the last quarter. Finally, Wolverine Asset Management LLC grew its position in JBG SMITH Properties by 678.7% in the 2nd quarter. Wolverine Asset Management LLC now owns 131,818 shares of the company’s stock worth $2,008,000 after purchasing an additional 114,891 shares during the last quarter. Institutional investors and hedge funds own 98.46% of the company’s stock.

Wall Street Analyst Weigh In

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

JBG SMITH Properties Trading Up 0.7 %

JBGS opened at $16.90 on Tuesday. The company has a market cap of $1.43 billion, a price-to-earnings ratio of -13.00 and a beta of 1.10. JBG SMITH Properties has a fifty-two week low of $12.63 and a fifty-two week high of $18.86. The company has a debt-to-equity ratio of 1.38, a current ratio of 3.87 and a quick ratio of 3.88. The firm has a 50 day simple moving average of $17.74 and a 200 day simple moving average of $16.27.

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

JBG SMITH Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 22nd. Investors of record on Thursday, November 7th will be issued a $0.175 dividend. This represents a $0.70 annualized dividend and a yield of 4.14%. The ex-dividend date of this dividend is Thursday, November 7th. JBG SMITH Properties’s dividend payout ratio is currently -53.85%.

JBG SMITH Properties 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.