Swiss National Bank Has $2.49 Million Position in JBG SMITH Properties (NYSE:JBGS)

Swiss National Bank lessened its stake in JBG SMITH Properties (NYSE:JBGS) by 1.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 161,658 shares of the company’s stock after selling 2,400 shares during the period. Swiss National Bank’s holdings in JBG SMITH Properties were worth $2,485,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of JBGS. Jane Street Group LLC raised 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 worth $6,275,000 after acquiring an additional 89,812 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in JBG SMITH Properties by 430.5% in the third 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. Franklin Resources Inc. acquired a new stake in JBG SMITH Properties in the third quarter worth about $500,000. Charles Schwab Investment Management Inc. raised its holdings in 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 worth $38,010,000 after purchasing an additional 105,384 shares during the last quarter. Finally, Asset Management One Co. Ltd. lifted its position in JBG SMITH Properties by 3.4% during the 4th quarter. Asset Management One Co. Ltd. now owns 125,610 shares of the company’s stock valued at $1,913,000 after purchasing an additional 4,130 shares during the period. Institutional investors and hedge funds own 98.46% of the company’s stock.

Analyst Ratings Changes

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

JBG SMITH Properties Stock Up 1.0 %

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

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

About JBG SMITH Properties

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.