Virtus ETF Advisers LLC Purchases 3,194 Shares of JBG SMITH Properties (NYSE:JBGS)

Virtus ETF Advisers LLC grew its position in JBG SMITH Properties (NYSE:JBGS) by 7.3% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 46,834 shares of the company’s stock after purchasing an additional 3,194 shares during the quarter. Virtus ETF Advisers LLC’s holdings in JBG SMITH Properties were worth $1,476,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of JBGS. Arkadios Wealth Advisors increased its holdings in shares of JBG SMITH Properties by 252.9% in the 2nd quarter. Arkadios Wealth Advisors now owns 1,048 shares of the company’s stock worth $33,000 after buying an additional 751 shares during the last quarter. PNC Managed Account Solutions Inc. purchased a new stake in JBG SMITH Properties during the 2nd quarter worth approximately $35,000. Eagle Bay Advisors LLC purchased a new stake in JBG SMITH Properties during the 2nd quarter worth approximately $40,000. Marshall Wace North America L.P. purchased a new position in JBG SMITH Properties during the 1st quarter worth approximately $41,000. Finally, Mitsubishi UFJ Trust & Banking Corp boosted its holdings in JBG SMITH Properties by 29.9% in the 1st quarter. Mitsubishi UFJ Trust & Banking Corp now owns 2,501 shares of the company’s stock valued at $78,000 after purchasing an additional 576 shares in the last quarter. 79.14% of the stock is currently owned by institutional investors.

JBG SMITH Properties stock traded up $0.42 during mid-day trading on Thursday, reaching $30.05. The company’s stock had a trading volume of 30,399 shares, compared to its average volume of 534,664. The company has a debt-to-equity ratio of 0.63, a quick ratio of 4.68 and a current ratio of 4.68. JBG SMITH Properties has a 12-month low of $22.63 and a 12-month high of $34.98. The firm’s fifty day moving average price is $31.00 and its two-hundred day moving average price is $31.94. The company has a market capitalization of $3.96 billion, a P/E ratio of -40.70, a PEG ratio of 2.22 and a beta of 0.89.

JBG SMITH Properties (NYSE:JBGS) last released its quarterly earnings data on Tuesday, August 3rd. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.33 by ($0.36). JBG SMITH Properties had a negative return on equity of 2.85% and a negative net margin of 14.87%. On average, research analysts predict that JBG SMITH Properties will post 1.45 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, August 27th. Stockholders of record on Friday, August 13th were issued a $0.225 dividend. This represents a $0.90 annualized dividend and a dividend yield of 3.00%. The ex-dividend date of this dividend was Thursday, August 12th. JBG SMITH Properties’s dividend payout ratio (DPR) is presently 75.63%.

JBGS has been the subject of several research reports. BMO Capital Markets assumed coverage on shares of JBG SMITH Properties in a research note on Monday, July 12th. They set an “outperform” rating and a $40.00 price objective for the company. Zacks Investment Research downgraded shares of JBG SMITH Properties from a “buy” rating to a “hold” rating in a report on Wednesday.

JBG SMITH Properties Company Profile

JBG SMITH Properties is a real estate investment trust. The firm engages in owning, operating, investing in, and developing a portfolio of mixed-use properties. It operates through the following segments: Commercial, Multifamily, and Other. The company was founded on October 27, 2016 and is headquartered in Bethesda, MD.

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Institutional Ownership by Quarter for JBG SMITH Properties (NYSE:JBGS)

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