Brown Advisory Inc. Purchases 48,796 Shares of JBG SMITH Properties (NYSE:JBGS)

Brown Advisory Inc. boosted its holdings in JBG SMITH Properties (NYSE:JBGS - Free Report) by 68.3% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 120,195 shares of the company's stock after acquiring an additional 48,796 shares during the quarter. Brown Advisory Inc. owned 0.15% of JBG SMITH Properties worth $1,936,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of JBGS. Northern Trust Corp grew its position in JBG SMITH Properties by 75.8% during the fourth quarter. Northern Trust Corp now owns 1,631,630 shares of the company's stock valued at $25,078,000 after acquiring an additional 703,538 shares during the last quarter. Invesco Ltd. grew its holdings in shares of JBG SMITH Properties by 94.4% during the 4th quarter. Invesco Ltd. now owns 691,230 shares of the company's stock valued at $10,624,000 after purchasing an additional 335,661 shares during the last quarter. Norges Bank purchased a new position in JBG SMITH Properties in the 4th quarter worth $3,837,000. GSI Capital Advisors LLC bought a new stake in JBG SMITH Properties in the fourth quarter worth $3,036,000. Finally, Tudor Investment Corp ET AL boosted its position in JBG SMITH Properties by 43.3% during the fourth quarter. Tudor Investment Corp ET AL now owns 329,001 shares of the company's stock valued at $5,057,000 after buying an additional 99,336 shares during the period. 98.46% of the stock is currently owned by institutional investors.

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 Trading Down 0.2%

Shares of NYSE:JBGS traded down $0.04 during trading on Wednesday, reaching $18.19. 810,056 shares of the company traded hands, compared to its average volume of 934,765. The company has a current ratio of 3.40, a quick ratio of 3.40 and a debt-to-equity ratio of 1.60. JBG SMITH Properties has a 52-week low of $13.28 and a 52-week high of $18.86. The business's fifty day moving average is $17.27 and its 200-day moving average is $15.88. The firm has a market capitalization of $1.33 billion, a price-to-earnings ratio of -9.72 and a beta of 1.24.

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

JBG SMITH Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 22nd. Shareholders of record on Thursday, May 8th were issued a $0.175 dividend. The ex-dividend date was Thursday, May 8th. This represents a $0.70 annualized dividend and a yield of 3.85%. JBG SMITH Properties's dividend payout ratio (DPR) is presently -37.43%.

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.