Dark Forest Capital Management LP Acquires New Position in JBG SMITH Properties (NYSE:JBGS)

Dark Forest Capital Management LP bought a new stake in JBG SMITH Properties (NYSE:JBGS - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 77,000 shares of the company's stock, valued at approximately $1,183,000. Dark Forest Capital Management LP owned approximately 0.09% of JBG SMITH Properties as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of JBGS. Sterling Capital Management LLC increased its position in 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 buying an additional 2,289 shares during the last quarter. KBC Group NV raised its stake in JBG SMITH Properties by 64.9% in the 4th 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 period. Yoffe Investment Management LLC bought a new stake in JBG SMITH Properties in the 4th quarter valued at about $169,000. Bank of Montreal Can lifted its holdings in JBG SMITH Properties by 8.5% during the fourth quarter. Bank of Montreal Can now owns 11,928 shares of the company's stock valued at $183,000 after purchasing an additional 939 shares during the last quarter. Finally, Sequoia Financial Advisors LLC bought a new position in JBG SMITH Properties during the fourth quarter worth about $194,000. 98.46% of the stock is currently owned by institutional investors.

JBG SMITH Properties Stock Performance

Shares of NYSE JBGS traded down $0.67 during midday trading on Tuesday, hitting $14.01. The company's stock had a trading volume of 212,324 shares, compared to its average volume of 816,249. The firm has a market capitalization of $1.15 billion, a price-to-earnings ratio of -8.38 and a beta of 1.08. The company has a current ratio of 3.73, a quick ratio of 3.87 and a debt-to-equity ratio of 1.42. The stock has a fifty day moving average price of $15.18 and a 200 day moving average price of $15.74. JBG SMITH Properties has a one year low of $13.65 and a one year high of $18.86.

JBG SMITH Properties (NYSE:JBGS - Get Free Report) last posted its quarterly earnings results on Tuesday, February 18th. The company reported $0.14 EPS for the quarter, topping analysts' consensus estimates of ($0.38) by $0.52. The firm had revenue of $108.43 million during the quarter, compared to analyst estimates of $116.31 million. JBG SMITH Properties had a negative return on equity of 7.26% and a negative net margin of 26.22%.

JBG SMITH Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 22nd. Investors of record on Thursday, May 8th will be paid a dividend of $0.175 per share. The ex-dividend date is Thursday, May 8th. This represents a $0.70 annualized dividend and a yield of 5.00%. JBG SMITH Properties's dividend payout ratio is currently -41.92%.

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.