50,464 Shares in JBG SMITH Properties (NYSE:JBGS) Acquired by Balyasny Asset Management L.P.

Balyasny Asset Management L.P. acquired a new stake in shares of JBG SMITH Properties (NYSE:JBGS - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 50,464 shares of the company's stock, valued at approximately $776,000. Balyasny Asset Management L.P. owned about 0.06% of JBG SMITH Properties as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Sterling Capital Management LLC grew its holdings in shares of JBG SMITH Properties by 814.6% in the fourth quarter. Sterling Capital Management LLC now owns 2,570 shares of the company's stock worth $40,000 after purchasing an additional 2,289 shares during the last quarter. KBC Group NV lifted its stake in JBG SMITH Properties by 64.9% in the fourth quarter. KBC Group NV now owns 5,677 shares of the company's stock worth $87,000 after acquiring an additional 2,234 shares during the period. Yoffe Investment Management LLC purchased a new stake in JBG SMITH Properties in the fourth quarter worth about $169,000. Bank of Montreal Can lifted its stake 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 worth $183,000 after acquiring an additional 939 shares during the period. Finally, Sequoia Financial Advisors LLC purchased a new stake in JBG SMITH Properties in the fourth quarter worth about $194,000. 98.46% of the stock is currently owned by institutional investors.

JBG SMITH Properties Stock Up 0.3%

NYSE:JBGS traded up $0.05 during mid-day trading on Tuesday, reaching $16.60. The company's stock had a trading volume of 40,045 shares, compared to its average volume of 849,303. JBG SMITH Properties has a 1 year low of $13.28 and a 1 year high of $18.86. The stock has a fifty day moving average of $15.33 and a 200-day moving average of $15.49. The firm has a market capitalization of $1.21 billion, a PE ratio of -9.93 and a beta of 1.14. 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 - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The company reported $0.09 EPS for the quarter, beating the consensus estimate of ($0.42) by $0.51. The business had revenue of $120.69 million during the quarter, compared to analyst estimates of $124.35 million. JBG SMITH Properties had a negative net margin of 26.22% and a negative return on equity of 7.26%.

JBG SMITH Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 22nd. Stockholders of record on Thursday, May 8th will be issued a dividend of $0.175 per share. The ex-dividend date of this dividend is Thursday, May 8th. This represents a $0.70 annualized dividend and a dividend yield of 4.22%. JBG SMITH Properties's dividend payout ratio (DPR) is currently -37.43%.

Analyst Ratings Changes

Separately, Evercore ISI upped their price objective on shares of JBG SMITH Properties from $16.00 to $17.00 and gave the stock an "underperform" rating in a research note on Monday.

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.