JBG SMITH Properties (NYSE:JBGS) Shares Sold by Legal & General Group Plc

Legal & General Group Plc trimmed its holdings in JBG SMITH Properties (NYSE:JBGS) by 6.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 623,265 shares of the company’s stock after selling 44,921 shares during the quarter. Legal & General Group Plc owned 0.74% of JBG SMITH Properties worth $9,580,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Invesco Ltd. lifted its stake in JBG SMITH Properties by 94.4% during the fourth quarter. Invesco Ltd. now owns 691,230 shares of the company’s stock valued at $10,624,000 after purchasing an additional 335,661 shares during the last quarter. Norges Bank acquired a new stake in shares of JBG SMITH Properties during the 4th quarter valued at $3,837,000. GSI Capital Advisors LLC bought a new stake in shares of JBG SMITH Properties during the 4th quarter worth $3,036,000. Thompson Siegel & Walmsley LLC grew its holdings in shares of JBG SMITH Properties by 7.8% in the 4th quarter. Thompson Siegel & Walmsley LLC now owns 2,299,260 shares of the company’s stock worth $35,340,000 after acquiring an additional 167,191 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of JBG SMITH Properties by 12.6% during the fourth quarter. JPMorgan Chase & Co. now owns 741,071 shares of the company’s stock worth $11,390,000 after purchasing an additional 82,779 shares during the period. Institutional investors own 98.46% of the company’s stock.

JBG SMITH Properties Trading Down 2.3 %

NYSE:JBGS opened at $14.90 on Friday. The stock has a fifty day simple moving average of $15.23 and a 200 day simple moving average of $15.90. The firm has a market capitalization of $1.22 billion, a price-to-earnings ratio of -8.92 and a beta of 1.08. JBG SMITH Properties has a 1-year low of $13.65 and a 1-year high of $18.86. The company has a quick ratio of 3.87, a current ratio of 3.73 and a debt-to-equity ratio of 1.42.

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

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.