JBG SMITH Properties (NYSE:JBGS) Shares Acquired by Northern Trust Corp

Northern Trust Corp increased its stake in JBG SMITH Properties (NYSE:JBGS) by 75.8% during the fourth quarter, HoldingsChannel.com reports. The fund owned 1,631,630 shares of the company’s stock after buying an additional 703,538 shares during the period. Northern Trust Corp’s holdings in JBG SMITH Properties were worth $25,078,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Invesco Ltd. boosted its position in JBG SMITH Properties by 94.4% during the fourth quarter. Invesco Ltd. now owns 691,230 shares of the company’s stock valued at $10,624,000 after purchasing an additional 335,661 shares during the last quarter. Norges Bank bought a new position in JBG SMITH Properties during the fourth quarter valued at about $3,837,000. GSI Capital Advisors LLC bought a new position in JBG SMITH Properties during the fourth quarter valued at about $3,036,000. Thompson Siegel & Walmsley LLC increased its stake 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 period. Finally, Tudor Investment Corp ET AL grew its stake in shares of JBG SMITH Properties by 43.3% in the 4th quarter. Tudor Investment Corp ET AL now owns 329,001 shares of the company’s stock valued at $5,057,000 after purchasing an additional 99,336 shares during the period. Institutional investors and hedge funds own 98.46% of the company’s stock.

JBG SMITH Properties Trading Up 3.1%

JBGS stock opened at $16.09 on Monday. The firm has a market cap of $1.18 billion, a P/E ratio of -9.63 and a beta of 1.14. JBG SMITH Properties has a 1-year low of $13.28 and a 1-year high of $18.86. The business’s 50 day moving average is $15.13 and its 200-day moving average is $15.54. 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 posted its quarterly earnings data on Tuesday, April 29th. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.42) by $0.51. The firm had revenue of $120.69 million for the quarter, compared to the consensus estimate of $124.35 million. JBG SMITH Properties had a negative return on equity of 7.26% and a negative net margin of 26.22%.

JBG SMITH Properties Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 22nd. Shareholders of record on Thursday, May 8th will be issued a dividend of $0.175 per share. This represents a $0.70 dividend on an annualized basis and a yield of 4.35%. The ex-dividend date is Thursday, May 8th. JBG SMITH Properties’s dividend payout ratio (DPR) is presently -37.43%.

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.