Dimensional Fund Advisors LP Reduces Position in JBG SMITH Properties (NYSE:JBGS)

Dimensional Fund Advisors LP cut its holdings in JBG SMITH Properties (NYSE:JBGS - Free Report) by 3.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,198,569 shares of the company's stock after selling 45,155 shares during the period. Dimensional Fund Advisors LP owned 1.42% of JBG SMITH Properties worth $18,422,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of JBGS. Franklin Resources Inc. purchased a new position in JBG SMITH Properties during the third quarter valued at approximately $500,000. Asset Management One Co. Ltd. lifted its stake in shares of JBG SMITH Properties by 3.4% during the 4th quarter. Asset Management One Co. Ltd. now owns 125,610 shares of the company's stock valued at $1,913,000 after buying an additional 4,130 shares in the last quarter. Empowered Funds LLC bought a new position in JBG SMITH Properties in the 4th quarter worth $239,000. Invesco Ltd. increased its stake in JBG SMITH Properties by 94.4% in the 4th quarter. Invesco Ltd. now owns 691,230 shares of the company's stock worth $10,624,000 after buying an additional 335,661 shares in the last quarter. Finally, Principal Financial Group Inc. raised its holdings in JBG SMITH Properties by 0.5% during the fourth quarter. Principal Financial Group Inc. now owns 409,520 shares of the company's stock valued at $6,294,000 after acquiring an additional 1,892 shares during the period. Institutional investors own 98.46% of the company's stock.

JBG SMITH Properties Price Performance

Shares of JBG SMITH Properties stock traded up $0.48 during trading hours on Friday, hitting $16.09. The company's stock had a trading volume of 3,010,661 shares, compared to its average volume of 844,933. The company has a debt-to-equity ratio of 1.42, a quick ratio of 3.87 and a current ratio of 3.73. JBG SMITH Properties has a 12-month low of $13.28 and a 12-month high of $18.86. The business has a 50 day moving average price of $15.13 and a two-hundred day moving average price of $15.56. The company has a market cap of $1.18 billion, a PE ratio of -9.63 and a beta of 1.14.

JBG SMITH Properties (NYSE:JBGS - Get Free Report) last posted its quarterly earnings results on Tuesday, April 29th. The company reported $0.09 earnings per share for the quarter, topping the consensus estimate of ($0.42) by $0.51. The business had revenue of $120.69 million during the quarter, compared to the consensus estimate of $124.35 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 firm also recently announced a quarterly dividend, which will be paid on Thursday, May 22nd. Investors of record on Thursday, May 8th will be issued a $0.175 dividend. This represents a $0.70 dividend on an annualized basis and a dividend yield of 4.35%. The ex-dividend date of this dividend is Thursday, May 8th. JBG SMITH Properties's dividend payout ratio (DPR) is presently -37.43%.

JBG SMITH Properties Company 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.