Bfsg LLC Reduces Stock Holdings in JBG SMITH Properties (NYSE:JBGS)

Bfsg LLC reduced its stake in shares of JBG SMITH Properties (NYSE:JBGS) by 21.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 9,205 shares of the company’s stock after selling 2,510 shares during the quarter. Bfsg LLC’s holdings in JBG SMITH Properties were worth $141,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of JBGS. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of JBG SMITH Properties by 430.5% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 612,799 shares of the company’s stock valued at $10,712,000 after buying an additional 497,288 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of JBG SMITH Properties by 5.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,174,494 shares of the company’s stock valued at $38,010,000 after buying an additional 105,384 shares during the period. Jane Street Group LLC raised its holdings in shares of JBG SMITH Properties by 33.4% during the 3rd quarter. Jane Street Group LLC now owns 358,976 shares of the company’s stock valued at $6,275,000 after buying an additional 89,812 shares during the period. Quantinno Capital Management LP raised its holdings in shares of JBG SMITH Properties by 105.8% during the 3rd quarter. Quantinno Capital Management LP now owns 70,823 shares of the company’s stock valued at $1,238,000 after buying an additional 36,412 shares during the period. Finally, Citigroup Inc. increased its holdings in JBG SMITH Properties by 1.1% during the 3rd quarter. Citigroup Inc. now owns 2,924,226 shares of the company’s stock worth $51,115,000 after purchasing an additional 32,027 shares during the last quarter. 98.46% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, BMO Capital Markets downgraded JBG SMITH Properties from a “market perform” rating to an “underperform” rating and dropped their price objective for the stock from $18.00 to $15.00 in a report on Tuesday, December 3rd.

JBG SMITH Properties Price Performance

JBGS stock opened at $14.98 on Wednesday. The company has a quick ratio of 3.87, a current ratio of 3.87 and a debt-to-equity ratio of 1.38. JBG SMITH Properties has a 52-week low of $13.65 and a 52-week high of $18.86. The stock’s 50 day moving average is $15.36 and its two-hundred day moving average is $16.54. The company has a market capitalization of $1.27 billion, a PE ratio of -11.52 and a beta of 1.11.

JBG SMITH Properties (NYSE:JBGS) last posted its quarterly earnings data on Tuesday, February 18th. The company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.38) by $0.52. JBG SMITH Properties had a negative return on equity of 5.56% and a negative net margin of 20.60%.

JBG SMITH Properties Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, January 14th. Stockholders of record on Monday, December 30th were given a $0.175 dividend. The ex-dividend date of this dividend was Monday, December 30th. This represents a $0.70 annualized dividend and a dividend yield of 4.67%. JBG SMITH Properties’s payout ratio is -53.85%.

JBG SMITH Properties Company Profile

JBG SMITH Properties is a real estate investment trust, which engages in owning, operating, investing in, and developing a portfolio of mixed-use properties. It operates through the following segments: Multifamily, Commercial, and Other. The Multifamily segment refers to the commercial buildings with public areas, retail spaces, and walkable streets.