Invesco Ltd. Acquires 335,661 Shares of JBG SMITH Properties (NYSE:JBGS)

Invesco Ltd. boosted its holdings in shares of JBG SMITH Properties (NYSE:JBGS) by 94.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 691,230 shares of the company’s stock after purchasing an additional 335,661 shares during the quarter. Invesco Ltd.’s holdings in JBG SMITH Properties were worth $10,624,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. KBC Group NV raised its position in shares of JBG SMITH Properties by 64.9% during the 4th quarter. KBC Group NV now owns 5,677 shares of the company’s stock valued at $87,000 after buying an additional 2,234 shares in the last quarter. Yoffe Investment Management LLC purchased a new stake in JBG SMITH Properties during the fourth quarter valued at approximately $169,000. Bank of Montreal Can lifted its stake in shares of JBG SMITH Properties by 8.5% in the 4th quarter. Bank of Montreal Can now owns 11,928 shares of the company’s stock valued at $183,000 after purchasing an additional 939 shares during the last quarter. Sequoia Financial Advisors LLC purchased a new position in shares of JBG SMITH Properties in the 4th quarter worth approximately $194,000. Finally, May Hill Capital LLC bought a new position in shares of JBG SMITH Properties during the 4th quarter valued at approximately $230,000. Institutional investors own 98.46% of the company’s stock.

JBG SMITH Properties Stock Performance

NYSE:JBGS opened at $14.57 on Wednesday. The firm has a market capitalization of $1.20 billion, a PE ratio of -8.72 and a beta of 1.08. The stock’s fifty day moving average is $15.20 and its 200 day moving average is $15.83. JBG SMITH Properties has a fifty-two week low of $13.65 and a fifty-two week high of $18.86. The company has a debt-to-equity ratio of 1.42, a quick ratio of 3.87 and a current ratio of 3.73.

JBG SMITH Properties (NYSE:JBGS) last released its earnings results 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. The firm had revenue of $108.43 million during the quarter, compared to analyst estimates of $116.31 million. JBG SMITH Properties had a negative net margin of 26.22% and a negative return on equity of 7.26%.

JBG SMITH Properties 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.