ExodusPoint Capital Management LP Purchases New Stake in JBG SMITH Properties (NYSE:JBGS)

ExodusPoint Capital Management LP purchased a new stake in shares of JBG SMITH Properties (NYSE:JBGS - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 40,737 shares of the company's stock, valued at approximately $626,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Carmel Capital Partners LLC lifted its stake in JBG SMITH Properties by 3.2% during the fourth quarter. Carmel Capital Partners LLC now owns 27,030 shares of the company's stock worth $415,000 after purchasing an additional 830 shares during the last quarter. Meixler Investment Management Ltd. lifted its position in JBG SMITH Properties by 6.2% in the 4th 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. Principal Financial Group Inc. boosted its stake in JBG SMITH Properties by 0.5% in 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. KBC Group NV boosted 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 buying an additional 2,234 shares in the last quarter. Finally, Inspire Investing LLC grew its position in JBG SMITH Properties by 12.0% during the fourth quarter. Inspire Investing LLC now owns 26,223 shares of the company's stock valued at $403,000 after acquiring an additional 2,818 shares during the last quarter. Hedge funds and other institutional investors own 98.46% of the company's stock.

JBG SMITH Properties Trading Down 1.0 %

Shares of JBGS traded down $0.15 during mid-day trading on Thursday, reaching $15.10. The company's stock had a trading volume of 246,306 shares, compared to its average volume of 811,268. JBG SMITH Properties has a 52 week low of $13.65 and a 52 week high of $18.86. The stock has a market cap of $1.24 billion, a PE ratio of -9.04 and a beta of 1.08. The company's fifty day moving average price is $15.23 and its two-hundred day moving average price is $15.92. 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 posted its quarterly earnings results on Tuesday, February 18th. The company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.38) by $0.52. 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 $108.43 million during the quarter, compared to analyst estimates of $116.31 million.

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.