Thompson Siegel & Walmsley LLC Purchases 167,191 Shares of JBG SMITH Properties (NYSE:JBGS)

Thompson Siegel & Walmsley LLC boosted its stake in shares of JBG SMITH Properties (NYSE:JBGS) by 7.8% during the 4th quarter, HoldingsChannel reports. The fund owned 2,299,260 shares of the company’s stock after purchasing an additional 167,191 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in JBG SMITH Properties were worth $35,340,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Van ECK Associates Corp lifted its stake in JBG SMITH Properties by 4.7% in the third quarter. Van ECK Associates Corp now owns 15,588 shares of the company’s stock worth $282,000 after purchasing an additional 702 shares during the last quarter. Victory Capital Management Inc. raised its holdings in shares of JBG SMITH Properties by 15.5% in the third quarter. Victory Capital Management Inc. now owns 76,171 shares of the company’s stock worth $1,331,000 after buying an additional 10,203 shares during the period. Intech Investment Management LLC bought a new stake in shares of JBG SMITH Properties during the 3rd quarter worth approximately $400,000. Charles Schwab Investment Management Inc. boosted its holdings in JBG SMITH Properties by 5.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,174,494 shares of the company’s stock valued at $38,010,000 after acquiring an additional 105,384 shares during the period. Finally, Citigroup Inc. grew its position in JBG SMITH Properties by 1.1% in the 3rd quarter. Citigroup Inc. now owns 2,924,226 shares of the company’s stock valued at $51,115,000 after acquiring an additional 32,027 shares during the last quarter. Hedge funds and other institutional investors own 98.46% of the company’s stock.

Analysts Set New Price Targets

Separately, BMO Capital Markets lowered shares of JBG SMITH Properties from a “market perform” rating to an “underperform” rating and lowered their target price for the company from $18.00 to $15.00 in a research note on Tuesday, December 3rd.

JBG SMITH Properties Stock Performance

JBG SMITH Properties stock opened at $14.60 on Thursday. JBG SMITH Properties has a fifty-two week low of $13.65 and a fifty-two week high of $18.86. The company has a market capitalization of $1.20 billion, a PE ratio of -8.74 and a beta of 1.12. The company has a 50 day moving average price of $15.13 and a 200-day moving average price of $16.33. The company has a debt-to-equity ratio of 1.42, a quick ratio of 3.87 and a current ratio of 3.73.

JBG SMITH Properties (NYSE:JBGS) last released its quarterly earnings data on Tuesday, February 18th. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of ($0.38) by $0.52. JBG SMITH Properties had a negative return on equity of 7.26% and a negative net margin of 26.22%. The firm had revenue of $108.43 million during the quarter, compared to the consensus estimate of $116.31 million.

JBG SMITH Properties Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 14th. Shareholders of record on Monday, December 30th were issued a dividend of $0.175 per share. The ex-dividend date of this dividend was Monday, December 30th. This represents a $0.70 dividend on an annualized basis and a yield of 4.79%. JBG SMITH Properties’s dividend payout ratio is currently -41.92%.

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.