GSI Capital Advisors LLC Buys New Shares in JBG SMITH Properties (NYSE:JBGS)

GSI Capital Advisors LLC purchased a new position in shares of JBG SMITH Properties (NYSE:JBGS) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 197,557 shares of the company’s stock, valued at approximately $3,036,000. JBG SMITH Properties makes up about 1.6% of GSI Capital Advisors LLC’s holdings, making the stock its 26th biggest position. GSI Capital Advisors LLC owned approximately 0.23% of JBG SMITH Properties at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. KBC Group NV increased its position in shares of JBG SMITH Properties by 64.9% in the fourth quarter. KBC Group NV now owns 5,677 shares of the company’s stock valued at $87,000 after acquiring an additional 2,234 shares during the last quarter. Sequoia Financial Advisors LLC acquired a new position in shares of JBG SMITH Properties during the 4th quarter worth approximately $194,000. May Hill Capital LLC acquired a new position in shares of JBG SMITH Properties during the 4th quarter worth approximately $230,000. Wolverine Trading LLC bought a new stake in shares of JBG SMITH Properties during the 3rd quarter worth approximately $239,000. Finally, Empowered Funds LLC acquired a new stake in shares of JBG SMITH Properties in the 4th quarter valued at approximately $239,000. 98.46% of the stock is currently owned by institutional investors and hedge funds.

JBG SMITH Properties Trading Down 1.0 %

Shares of NYSE:JBGS opened at $15.96 on Wednesday. JBG SMITH Properties has a 52-week low of $13.65 and a 52-week high of $18.86. The company has a debt-to-equity ratio of 1.42, a quick ratio of 3.87 and a current ratio of 3.73. The company has a market capitalization of $1.31 billion, a P/E ratio of -9.55 and a beta of 1.12. The company has a 50-day simple moving average of $15.23 and a 200 day simple moving average of $16.14.

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

Wall Street Analysts Forecast Growth

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

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.