JBG SMITH Properties (NYSE:JBGS) Upgraded at Zacks Investment Research

Zacks Investment Research upgraded shares of JBG SMITH Properties (NYSE:JBGS) from a sell rating to a hold rating in a report issued on Wednesday, Zacks.com reports.

According to Zacks, “JBG SMITH Properties is a real estate company. It manages residential, office, retail and mixed-use properties. JBG SMITH Properties is based in Arlington, United States. “

JBG SMITH Properties stock opened at $39.55 on Wednesday. The firm’s fifty day moving average is $40.05. The company has a debt-to-equity ratio of 0.71, a quick ratio of 4.57 and a current ratio of 4.57. JBG SMITH Properties has a 12 month low of $33.30 and a 12 month high of $43.21. The stock has a market cap of $5.30 billion, a PE ratio of 23.97 and a beta of 0.68.

Institutional investors have recently bought and sold shares of the company. Martingale Asset Management L P purchased a new stake in shares of JBG SMITH Properties during the 4th quarter worth $203,000. GSA Capital Partners LLP purchased a new stake in shares of JBG SMITH Properties during the 4th quarter worth $276,000. Northern Trust Corp lifted its stake in shares of JBG SMITH Properties by 7.1% during the 4th quarter. Northern Trust Corp now owns 1,491,896 shares of the company’s stock worth $51,932,000 after purchasing an additional 99,382 shares during the last quarter. NumerixS Investment Technologies Inc purchased a new stake in shares of JBG SMITH Properties during the 4th quarter worth $151,000. Finally, Great West Life Assurance Co. Can lifted its stake in shares of JBG SMITH Properties by 12.9% during the 4th quarter. Great West Life Assurance Co. Can now owns 136,039 shares of the company’s stock worth $4,385,000 after purchasing an additional 15,559 shares during the last quarter. Institutional investors and hedge funds own 75.92% of the company’s stock.

JBG SMITH Properties Company Profile

JBG SMITH Properties, a real estate investment trust (REIT), owns, operates, invests in, and develops real estate assets in Washington, the United States. It operates in three segments: commercial, multifamily, and third-party asset management and real estate services. The company owns and operates a portfolio of commercial, multifamily, and retail assets, as well as provides fee-based real estate services.

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