Thompson Siegel & Walmsley LLC Sells 227,836 Shares of JBG SMITH Properties (NYSE:JBGS)

Thompson Siegel & Walmsley LLC lessened its stake in shares of JBG SMITH Properties (NYSE:JBGS) by 9.7% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,132,069 shares of the company’s stock after selling 227,836 shares during the period. Thompson Siegel & Walmsley LLC owned 2.52% of JBG SMITH Properties worth $37,269,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Blue Trust Inc. raised its holdings in shares of JBG SMITH Properties by 706.3% during the third quarter. Blue Trust Inc. now owns 1,911 shares of the company’s stock valued at $33,000 after purchasing an additional 1,674 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its position 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 purchasing an additional 753 shares during the period. Bfsg LLC lifted its holdings in shares of JBG SMITH Properties by 9.5% in the 2nd quarter. Bfsg LLC now owns 12,655 shares of the company’s stock worth $193,000 after purchasing an additional 1,102 shares in the last quarter. Van ECK Associates Corp increased its stake in JBG SMITH Properties by 4.7% during the 3rd 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, DekaBank Deutsche Girozentrale raised its holdings in JBG SMITH Properties by 5.0% during the third quarter. DekaBank Deutsche Girozentrale now owns 21,541 shares of the company’s stock worth $368,000 after buying an additional 1,021 shares during the last quarter. 98.46% of the stock is owned by institutional investors.

JBG SMITH Properties Stock Up 2.7 %

Shares of NYSE:JBGS opened at $15.50 on Thursday. The business’s 50 day moving average is $17.43 and its 200 day moving average is $16.35. JBG SMITH Properties has a 12-month low of $13.03 and a 12-month high of $18.86. The stock has a market cap of $1.31 billion, a price-to-earnings ratio of -11.92 and a beta of 1.10. The company has a quick ratio of 3.87, a current ratio of 3.87 and a debt-to-equity ratio of 1.38.

JBG SMITH Properties (NYSE:JBGS) last posted its quarterly earnings data on Tuesday, October 29th. The company reported ($0.32) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.35) by $0.03. JBG SMITH Properties had a negative net margin of 20.60% and a negative return on equity of 5.56%. The firm had revenue of $136.03 million for the quarter.

JBG SMITH Properties Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 22nd. Investors of record on Thursday, November 7th will be issued a $0.175 dividend. This represents a $0.70 dividend on an annualized basis and a dividend yield of 4.52%. The ex-dividend date of this dividend is Thursday, November 7th. JBG SMITH Properties’s dividend payout ratio (DPR) is currently -53.85%.

Wall Street Analysts Forecast Growth

Separately, Evercore ISI boosted their target price on shares of JBG SMITH Properties from $16.00 to $17.00 and gave the stock an “underperform” rating in a research report on Monday, September 16th.

JBG SMITH Properties Profile

JBG SMITH owns, operates, invests in, and develops mixed-use properties in high growth and high barrier-to-entry submarkets in and around Washington, DC, most notably National Landing. Through an intense focus on placemaking, JBG SMITH cultivates vibrant, amenity-rich, walkable neighborhoods throughout the Washington, DC metropolitan area.