Quadrant Capital Group LLC Purchases 2,732 Shares of JBG SMITH Properties (NYSE:JBGS)

Quadrant Capital Group LLC boosted its position in shares of JBG SMITH Properties (NYSE:JBGS) by 28.1% in the 2nd quarter, HoldingsChannel reports. The firm owned 12,449 shares of the company’s stock after buying an additional 2,732 shares during the period. Quadrant Capital Group LLC’s holdings in JBG SMITH Properties were worth $187,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Yousif Capital Management LLC raised its stake in shares of JBG SMITH Properties by 1.1% in the first quarter. Yousif Capital Management LLC now owns 61,597 shares of the company’s stock worth $1,800,000 after acquiring an additional 655 shares during the last quarter. Arizona State Retirement System raised its stake in shares of JBG SMITH Properties by 2.5% in the second quarter. Arizona State Retirement System now owns 30,425 shares of the company’s stock worth $458,000 after acquiring an additional 752 shares during the last quarter. Van ECK Associates Corp raised its stake in shares of JBG SMITH Properties by 6.8% in the second quarter. Van ECK Associates Corp now owns 12,552 shares of the company’s stock worth $189,000 after acquiring an additional 799 shares during the last quarter. Worth Venture Partners LLC raised its stake in shares of JBG SMITH Properties by 11.3% in the first quarter. Worth Venture Partners LLC now owns 7,900 shares of the company’s stock worth $231,000 after acquiring an additional 800 shares during the last quarter. Finally, Natixis Advisors L.P. raised its stake in shares of JBG SMITH Properties by 4.9% in the second quarter. Natixis Advisors L.P. now owns 18,878 shares of the company’s stock worth $446,000 after acquiring an additional 885 shares during the last quarter. 97.07% of the stock is owned by institutional investors.

JBG SMITH Properties Trading Up 0.1 %

JBGS opened at $13.58 on Tuesday. The company has a debt-to-equity ratio of 1.05, a current ratio of 2.84 and a quick ratio of 2.84. The company has a market cap of $1.30 billion, a price-to-earnings ratio of -20.58 and a beta of 1.06. The firm has a 50 day simple moving average of $13.94 and a 200 day simple moving average of $14.83. JBG SMITH Properties has a fifty-two week low of $12.63 and a fifty-two week high of $21.10.

JBG SMITH Properties Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 1st. Investors of record on Friday, November 17th will be paid a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a dividend yield of 6.63%. The ex-dividend date of this dividend is Thursday, November 16th. JBG SMITH Properties’s dividend payout ratio (DPR) is -136.36%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on JBGS. Evercore ISI dropped their target price on shares of JBG SMITH Properties from $15.00 to $14.00 in a research note on Monday, October 9th. TheStreet downgraded shares of JBG SMITH Properties from a “c-” rating to a “d+” rating in a research note on Monday, October 9th.

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. Through an intense focus on placemaking, JBG SMITH cultivates vibrant, amenity-rich, walkable neighborhoods throughout the Washington, DC metropolitan area.