KBC Group NV Buys 2,234 Shares of JBG SMITH Properties (NYSE:JBGS)

KBC Group NV grew its holdings in shares of JBG SMITH Properties (NYSE:JBGS) by 64.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,677 shares of the company’s stock after acquiring an additional 2,234 shares during the period. KBC Group NV’s holdings in JBG SMITH Properties were worth $87,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. AQR Capital Management LLC grew its stake in shares of JBG SMITH Properties by 105.2% in the 2nd quarter. AQR Capital Management LLC now owns 28,840 shares of the company’s stock valued at $434,000 after buying an additional 14,787 shares during the period. Handelsbanken Fonder AB grew its stake in shares of JBG SMITH Properties by 11.3% in the 3rd quarter. Handelsbanken Fonder AB now owns 28,500 shares of the company’s stock valued at $498,000 after buying an additional 2,900 shares during the period. Blue Trust Inc. grew its stake in shares of JBG SMITH Properties by 706.3% in the 3rd quarter. Blue Trust Inc. now owns 1,911 shares of the company’s stock valued at $33,000 after buying an additional 1,674 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of 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 buying an additional 753 shares during the period. Finally, DekaBank Deutsche Girozentrale grew its stake in shares of JBG SMITH Properties by 5.0% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 21,541 shares of the company’s stock valued at $368,000 after buying an additional 1,021 shares during the period. 98.46% of the stock is currently owned by institutional investors and hedge funds.

JBG SMITH Properties Price Performance

JBG SMITH Properties stock opened at $15.05 on Monday. 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 stock has a market cap of $1.27 billion, a P/E ratio of -11.58 and a beta of 1.11. The company’s 50 day moving average price is $15.52 and its two-hundred day moving average price is $16.60. JBG SMITH Properties has a 52 week low of $13.65 and a 52 week high of $18.86.

JBG SMITH Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 14th. Shareholders of record on Monday, December 30th were issued a dividend of $0.175 per share. The ex-dividend date was Monday, December 30th. This represents a $0.70 dividend on an annualized basis and a yield of 4.65%. JBG SMITH Properties’s payout ratio is -53.85%.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets downgraded JBG SMITH Properties from a “market perform” rating to an “underperform” rating and reduced their target price for the company from $18.00 to $15.00 in a research note on Tuesday, December 3rd.

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.