Ameriprise Financial Inc. Has $3.13 Million Stock Holdings in JBG SMITH Properties (NYSE:JBGS)

Ameriprise Financial Inc. decreased its position in shares of JBG SMITH Properties (NYSE:JBGS - Free Report) by 9.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 203,397 shares of the company's stock after selling 22,108 shares during the quarter. Ameriprise Financial Inc. owned 0.24% of JBG SMITH Properties worth $3,130,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of JBGS. State of Tennessee Department of Treasury lifted its stake in shares of JBG SMITH Properties by 2.0% in the 4th quarter. State of Tennessee Department of Treasury now owns 42,457 shares of the company's stock valued at $653,000 after purchasing an additional 818 shares in the last quarter. Carmel Capital Partners LLC raised its holdings in shares of JBG SMITH Properties by 3.2% during the 4th quarter. Carmel Capital Partners LLC now owns 27,030 shares of the company's stock valued at $415,000 after buying an additional 830 shares during the period. Bank of Montreal Can lifted its position in JBG SMITH Properties by 8.5% during the 4th quarter. Bank of Montreal Can now owns 11,928 shares of the company's stock worth $183,000 after acquiring an additional 939 shares in the last quarter. Meixler Investment Management Ltd. boosted its holdings 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 acquiring an additional 1,850 shares during the period. Finally, Principal Financial Group Inc. boosted its holdings in JBG SMITH Properties by 0.5% in the 4th quarter. Principal Financial Group Inc. now owns 409,520 shares of the company's stock worth $6,294,000 after acquiring an additional 1,892 shares during the period. Institutional investors and hedge funds own 98.46% of the company's stock.

Analysts Set New Price Targets

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

JBG SMITH Properties Stock Up 0.1%

Shares of JBG SMITH Properties stock traded up $0.01 during trading on Thursday, reaching $17.25. The company had a trading volume of 744,495 shares, compared to its average volume of 864,013. The company has a market cap of $1.26 billion, a price-to-earnings ratio of -10.33 and a beta of 1.14. JBG SMITH Properties has a fifty-two week low of $13.28 and a fifty-two week high of $18.86. The firm's fifty day moving average is $15.54 and its 200-day moving average is $15.49. 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 (NYSE:JBGS - Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The company reported $0.09 EPS for the quarter, topping analysts' consensus estimates of ($0.42) by $0.51. JBG SMITH Properties had a negative net margin of 26.22% and a negative return on equity of 7.26%. The firm had revenue of $120.69 million during the quarter, compared to the consensus estimate of $124.35 million.

JBG SMITH Properties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 22nd. Stockholders of record on Thursday, May 8th were paid a $0.175 dividend. The ex-dividend date of this dividend was Thursday, May 8th. This represents a $0.70 annualized dividend and a dividend yield of 4.06%. JBG SMITH Properties's dividend payout ratio is currently -37.43%.

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.