Aristotle Capital Boston LLC Sells 61,600 Shares of JBG SMITH Properties (NYSE:JBGS)

Aristotle Capital Boston LLC lessened its position in shares of JBG SMITH Properties (NYSE:JBGS - Free Report) by 8.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 635,664 shares of the company's stock after selling 61,600 shares during the period. Aristotle Capital Boston LLC owned approximately 0.75% of JBG SMITH Properties worth $9,770,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. State of Tennessee Department of Treasury lifted its stake in JBG SMITH Properties by 2.0% during the fourth quarter. State of Tennessee Department of Treasury now owns 42,457 shares of the company's stock worth $653,000 after purchasing an additional 818 shares during the last quarter. Carmel Capital Partners LLC lifted its stake in JBG SMITH Properties by 3.2% in the 4th quarter. Carmel Capital Partners LLC now owns 27,030 shares of the company's stock valued at $415,000 after purchasing an additional 830 shares during the last quarter. Bank of Montreal Can boosted its position in JBG SMITH Properties by 8.5% in the fourth quarter. Bank of Montreal Can now owns 11,928 shares of the company's stock valued at $183,000 after buying an additional 939 shares in the last quarter. Meixler Investment Management Ltd. grew its stake in shares of JBG SMITH Properties by 6.2% during the fourth quarter. Meixler Investment Management Ltd. now owns 31,458 shares of the company's stock worth $484,000 after buying an additional 1,850 shares during the last quarter. Finally, Principal Financial Group Inc. increased its holdings in shares of JBG SMITH Properties by 0.5% during the fourth quarter. Principal Financial Group Inc. now owns 409,520 shares of the company's stock worth $6,294,000 after buying an additional 1,892 shares in the last quarter. Institutional investors and hedge funds own 98.46% of the company's stock.

JBG SMITH Properties Trading Up 3.3 %

NYSE:JBGS traded up $0.50 during trading hours on Thursday, hitting $15.66. 706,395 shares of the company were exchanged, compared to its average volume of 1,002,198. The stock has a market capitalization of $1.14 billion, a price-to-earnings ratio of -9.38 and a beta of 1.14. JBG SMITH Properties has a one year low of $13.28 and a one year high of $18.86. The company has a fifty day simple moving average of $15.10 and a 200 day simple moving average of $15.61. The company has a current ratio of 3.73, a quick ratio of 3.87 and a debt-to-equity ratio of 1.42.

JBG SMITH Properties (NYSE:JBGS - Get Free Report) last issued its earnings results on Tuesday, April 29th. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.42) by $0.51. 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 $120.69 million for the quarter, compared to analyst estimates of $124.35 million.

JBG SMITH Properties Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 22nd. Investors of record on Thursday, May 8th will be given a dividend of $0.175 per share. The ex-dividend date is Thursday, May 8th. This represents a $0.70 annualized dividend and a dividend yield of 4.47%. JBG SMITH Properties's payout ratio is -37.43%.

About JBG SMITH Properties

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.