Steven Museles Sells 20,010 Shares of JBG SMITH Properties (NYSE:JBGS) Stock

JBG SMITH Properties (NYSE:JBGS) insider Steven Museles sold 20,010 shares of the business’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $15.01, for a total value of $300,350.10. Following the transaction, the insider directly owned 12,032 shares in the company, valued at approximately $180,600.32. This trade represents a 62.45% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

JBG SMITH Properties Price Performance

Shares of NYSE JBGS opened at $14.73 on Thursday. The business’s 50 day moving average price is $14.88 and its two-hundred day moving average price is $15.94. The company has a market cap of $857.82 million, a PE ratio of -7.87 and a beta of 1.08. The company has a quick ratio of 4.53, a current ratio of 4.53 and a debt-to-equity ratio of 2.22. JBG SMITH Properties has a twelve month low of $13.99 and a twelve month high of $24.30.

JBG SMITH Properties (NYSE:JBGS) last announced its quarterly earnings results on Tuesday, May 5th. The company reported ($0.32) earnings per share for the quarter. The business had revenue of $127.60 million for the quarter. JBG SMITH Properties had a negative return on equity of 9.32% and a negative net margin of 22.16%.

JBG SMITH Properties Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th were given a dividend of $0.175 per share. This represents a $0.70 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend was Thursday, May 14th. JBG SMITH Properties’s payout ratio is -37.43%.

Institutional Investors Weigh In On JBG SMITH Properties

Institutional investors have recently made changes to their positions in the company. Jefferies Financial Group Inc. bought a new stake in shares of JBG SMITH Properties during the third quarter worth approximately $1,946,000. SG Americas Securities LLC boosted its holdings in shares of JBG SMITH Properties by 7,444.7% during the fourth quarter. SG Americas Securities LLC now owns 382,971 shares of the company’s stock worth $6,514,000 after acquiring an additional 377,895 shares during the period. Picton Mahoney Asset Management bought a new stake in shares of JBG SMITH Properties during the third quarter worth approximately $789,000. Jupiter Asset Management Ltd. bought a new stake in shares of JBG SMITH Properties during the fourth quarter worth approximately $1,364,000. Finally, Intech Investment Management LLC boosted its holdings in shares of JBG SMITH Properties by 357.2% during the fourth quarter. Intech Investment Management LLC now owns 134,649 shares of the company’s stock worth $2,290,000 after acquiring an additional 105,201 shares during the period. Institutional investors own 98.46% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Weiss Ratings reissued a “sell (d-)” rating on shares of JBG SMITH Properties in a research report on Monday. Wall Street Zen raised JBG SMITH Properties from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Two analysts have rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has an average rating of “Sell” and a consensus target price of $18.50.

JBG SMITH Properties Company Profile

JBG SMITH Properties is a publicly traded real estate investment trust specializing in the acquisition, development and management of mixed-use properties in the Washington, DC metropolitan area. The company’s portfolio encompasses office, residential, retail, hotel and entertainment assets, with a strategic focus on high-growth urban and transit-oriented neighborhoods in the District of Columbia, Northern Virginia and suburban Maryland.

The company actively develops large-scale, mixed-use communities designed to integrate living, working and leisure spaces.