EntryPoint Capital LLC Takes $297,000 Position in JBG SMITH Properties (NYSE:JBGS)

EntryPoint Capital LLC purchased a new stake in shares of JBG SMITH Properties (NYSE:JBGS) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 19,327 shares of the company’s stock, valued at approximately $297,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Thompson Siegel & Walmsley LLC increased its position in JBG SMITH Properties by 7.8% during the fourth quarter. Thompson Siegel & Walmsley LLC now owns 2,299,260 shares of the company’s stock valued at $35,340,000 after acquiring an additional 167,191 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in JBG SMITH Properties by 2.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,220,008 shares of the company’s stock valued at $34,122,000 after purchasing an additional 45,514 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in JBG SMITH Properties by 430.5% in 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 worth $10,712,000 after purchasing an additional 497,288 shares during the period. Principal Financial Group Inc. lifted its stake in JBG SMITH Properties by 0.5% in the fourth quarter. Principal Financial Group Inc. now owns 409,520 shares of the company’s stock worth $6,294,000 after purchasing an additional 1,892 shares during the last quarter. Finally, Jane Street Group LLC boosted its position in shares of JBG SMITH Properties by 33.4% during the third 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. Hedge funds and other institutional investors own 98.46% of the company’s stock.

Analyst Upgrades and Downgrades

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

JBG SMITH Properties Trading Up 1.0 %

NYSE JBGS opened at $15.98 on Friday. The stock has a market cap of $1.31 billion, a PE ratio of -9.57 and a beta of 1.12. JBG SMITH Properties has a 12 month low of $13.65 and a 12 month high of $18.86. The company’s 50-day moving average price is $15.20 and its 200-day moving average price is $16.19. The company has a current ratio of 3.73, a quick ratio of 3.87 and a debt-to-equity ratio of 1.42.

JBG SMITH Properties (NYSE:JBGS) last issued its earnings results on Tuesday, February 18th. The company reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of ($0.38) by $0.52. JBG SMITH Properties had a negative net margin of 26.22% and a negative return on equity of 7.26%. The business had revenue of $108.43 million for the quarter, compared to the consensus estimate of $116.31 million.

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.