Asset Management One Co. Ltd. Has $1.91 Million Position in JBG SMITH Properties (NYSE:JBGS)

Asset Management One Co. Ltd. increased its position in shares of JBG SMITH Properties (NYSE:JBGS) by 3.4% during the 4th quarter, HoldingsChannel reports. The fund owned 125,610 shares of the company’s stock after purchasing an additional 4,130 shares during the quarter. Asset Management One Co. Ltd.’s holdings in JBG SMITH Properties were worth $1,913,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in JBGS. Blue Trust Inc. lifted its stake in JBG SMITH Properties by 706.3% in the third 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 holdings in shares of JBG SMITH Properties by 30.0% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,262 shares of the company’s stock worth $57,000 after buying an additional 753 shares in the last quarter. DekaBank Deutsche Girozentrale grew its stake in JBG SMITH Properties by 5.0% in the third quarter. DekaBank Deutsche Girozentrale now owns 21,541 shares of the company’s stock valued at $368,000 after purchasing an additional 1,021 shares in the last quarter. Van ECK Associates Corp grew its stake in JBG SMITH Properties by 4.7% in the third quarter. Van ECK Associates Corp now owns 15,588 shares of the company’s stock valued at $282,000 after purchasing an additional 702 shares in the last quarter. Finally, Carmel Capital Partners LLC grew its stake in JBG SMITH Properties by 4.3% in the third quarter. Carmel Capital Partners LLC now owns 26,200 shares of the company’s stock valued at $458,000 after purchasing an additional 1,084 shares in the last quarter. Institutional investors and hedge funds own 98.46% of the company’s stock.

Analyst Upgrades and Downgrades

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

JBG SMITH Properties Price Performance

JBG SMITH Properties stock opened at $14.61 on Thursday. The stock’s fifty day moving average price is $15.34 and its two-hundred day moving average price is $16.53. JBG SMITH Properties has a one year low of $13.65 and a one year 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 3.87. The firm has a market cap of $1.23 billion, a PE ratio of -11.24 and a beta of 1.11.

JBG SMITH Properties (NYSE:JBGS) last issued its quarterly earnings results on Tuesday, February 18th. The company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.38) by $0.52. The company had revenue of $108.43 million for the quarter, compared to analyst estimates of $116.31 million. 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 disclosed a quarterly dividend, which was paid on Tuesday, January 14th. Investors of record on Monday, December 30th were given a dividend of $0.175 per share. The ex-dividend date of this dividend was Monday, December 30th. This represents a $0.70 dividend on an annualized basis and a yield of 4.79%. JBG SMITH Properties’s dividend payout ratio is currently -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.