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25,750 Shares in JBG SMITH Properties (NYSE:JBGS) Bought by Whittier Trust Co. of Nevada Inc.

JBG SMITH Properties logo with Finance background

Whittier Trust Co. of Nevada Inc. acquired a new stake in shares of JBG SMITH Properties (NYSE:JBGS - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 25,750 shares of the company's stock, valued at approximately $415,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Principal Financial Group Inc. boosted its holdings in shares of JBG SMITH Properties by 2.7% in the 1st quarter. Principal Financial Group Inc. now owns 420,525 shares of the company's stock valued at $6,775,000 after buying an additional 11,005 shares in the last quarter. Invesco Ltd. boosted 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 purchasing an additional 335,661 shares in the last quarter. Farther Finance Advisors LLC raised its position in JBG SMITH Properties by 1,052.9% during the 1st quarter. Farther Finance Advisors LLC now owns 2,617 shares of the company's stock worth $42,000 after buying an additional 2,390 shares during the last quarter. JPMorgan Chase & Co. raised its position in JBG SMITH Properties by 12.6% during the 4th quarter. JPMorgan Chase & Co. now owns 741,071 shares of the company's stock worth $11,390,000 after buying an additional 82,779 shares during the last quarter. Finally, Yoffe Investment Management LLC purchased a new position in JBG SMITH Properties during the 4th quarter worth approximately $169,000. Hedge funds and other institutional investors own 98.46% of the company's stock.

JBG SMITH Properties Price Performance

Shares of NYSE JBGS opened at $18.21 on Friday. JBG SMITH Properties has a one year low of $13.28 and a one year high of $18.86. The company has a debt-to-equity ratio of 1.60, a quick ratio of 3.40 and a current ratio of 3.40. The firm has a fifty day moving average of $17.38 and a 200 day moving average of $15.92. The firm has a market cap of $1.33 billion, a PE ratio of -9.74 and a beta of 1.24.

JBG SMITH Properties (NYSE:JBGS - Get Free Report) last announced 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. The company had revenue of $120.69 million for the quarter, compared to analysts' expectations of $124.35 million. JBG SMITH Properties had a negative net margin of 30.02% and a negative return on equity of 8.59%.

JBG SMITH Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 22nd. Shareholders of record on Thursday, May 8th were paid a dividend of $0.175 per share. The ex-dividend date was Thursday, May 8th. This represents a $0.70 dividend on an annualized basis and a yield of 3.84%. JBG SMITH Properties's dividend payout ratio (DPR) is presently -37.43%.

Wall Street Analysts Forecast Growth

Separately, Evercore ISI lifted their target price on shares of JBG SMITH Properties from $16.00 to $17.00 and gave the company an "underperform" rating in a report on Monday, May 19th.

View Our Latest Report on JBG SMITH Properties

About JBG SMITH Properties

(Free Report)

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.

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Institutional Ownership by Quarter for JBG SMITH Properties (NYSE:JBGS)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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