Thompson Siegel & Walmsley LLC Decreases Stock Position in JBG SMITH Properties (NYSE:JBGS)

Thompson Siegel & Walmsley LLC lessened its position in shares of JBG SMITH Properties (NYSE:JBGS) by 9.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,132,069 shares of the company’s stock after selling 227,836 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in JBG SMITH Properties were worth $37,269,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of JBGS. Asset Management One Co. Ltd. boosted its holdings in shares of JBG SMITH Properties by 0.6% in the third quarter. Asset Management One Co. Ltd. now owns 121,480 shares of the company’s stock worth $2,123,000 after acquiring an additional 680 shares during the period. Van ECK Associates Corp boosted its stake in JBG SMITH Properties by 4.7% in the 3rd quarter. Van ECK Associates Corp now owns 15,588 shares of the company’s stock worth $282,000 after purchasing an additional 702 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its holdings in JBG SMITH Properties by 30.0% during 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 in the last quarter. Inspire Investing LLC increased its position in shares of JBG SMITH Properties by 4.2% during the second quarter. Inspire Investing LLC now owns 23,241 shares of the company’s stock valued at $354,000 after buying an additional 937 shares during the period. Finally, DekaBank Deutsche Girozentrale lifted its holdings in shares of JBG SMITH Properties by 5.0% in the third quarter. DekaBank Deutsche Girozentrale now owns 21,541 shares of the company’s stock worth $368,000 after buying an additional 1,021 shares in the last quarter. 98.46% of the stock is currently owned by hedge funds and other institutional investors.

JBG SMITH Properties Trading Up 2.7 %

Shares of JBGS stock opened at $15.50 on Thursday. JBG SMITH Properties has a 52-week low of $13.03 and a 52-week high of $18.86. The business’s fifty day moving average is $17.43 and its 200 day moving average is $16.35. The company has a debt-to-equity ratio of 1.38, a quick ratio of 3.87 and a current ratio of 3.87. The company has a market capitalization of $1.31 billion, a PE ratio of -11.92 and a beta of 1.10.

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

JBG SMITH Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 22nd. Stockholders of record on Thursday, November 7th will be issued a $0.175 dividend. The ex-dividend date is Thursday, November 7th. This represents a $0.70 annualized dividend and a dividend yield of 4.52%. JBG SMITH Properties’s dividend payout ratio is currently -53.85%.

Analyst Upgrades and Downgrades

Separately, Evercore ISI boosted their price objective 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 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.