D. E. Shaw & Co. Inc. Reduces Holdings in JBG SMITH Properties (NYSE:JBGS)

D. E. Shaw & Co. Inc. reduced its position in shares of JBG SMITH Properties (NYSE:JBGS - Free Report) by 33.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 94,835 shares of the company's stock after selling 46,904 shares during the period. D. E. Shaw & Co. Inc. owned 0.11% of JBG SMITH Properties worth $1,458,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Thompson Siegel & Walmsley LLC boosted its stake in JBG SMITH Properties by 7.8% in the 4th quarter. Thompson Siegel & Walmsley LLC now owns 2,299,260 shares of the company's stock worth $35,340,000 after buying an additional 167,191 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of JBG SMITH Properties by 2.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,220,008 shares of the company's stock worth $34,122,000 after acquiring an additional 45,514 shares during the last quarter. Northern Trust Corp boosted its position in shares of JBG SMITH Properties by 75.8% in the fourth quarter. Northern Trust Corp now owns 1,631,630 shares of the company's stock worth $25,078,000 after acquiring an additional 703,538 shares during the last quarter. Natixis grew its holdings in JBG SMITH Properties by 0.9% in the fourth quarter. Natixis now owns 1,008,840 shares of the company's stock valued at $15,506,000 after purchasing an additional 8,840 shares during the period. Finally, JPMorgan Chase & Co. increased its position in JBG SMITH Properties by 12.6% during the fourth quarter. JPMorgan Chase & Co. now owns 741,071 shares of the company's stock worth $11,390,000 after purchasing an additional 82,779 shares during the last quarter. 98.46% of the stock is currently owned by hedge funds and other institutional investors.

JBG SMITH Properties Trading Up 0.0%

Shares of NYSE JBGS traded up $0.01 during midday trading on Wednesday, hitting $17.25. The stock had a trading volume of 46,101 shares, compared to its average volume of 862,017. The company has a quick ratio of 3.87, a current ratio of 3.73 and a debt-to-equity ratio of 1.42. JBG SMITH Properties has a 1-year low of $13.28 and a 1-year high of $18.86. The company has a market capitalization of $1.26 billion, a price-to-earnings ratio of -10.33 and a beta of 1.14. The company has a fifty day moving average price of $15.51 and a 200 day moving average price of $15.48.

JBG SMITH Properties (NYSE:JBGS - Get Free Report) last released its quarterly earnings data 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 net margin of 26.22% and a negative return on equity of 7.26%. The company had revenue of $120.69 million during the quarter, compared to the consensus estimate 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 paid a dividend of $0.175 per share. This represents a $0.70 dividend on an annualized basis and a dividend yield of 4.06%. The ex-dividend date was Thursday, May 8th. JBG SMITH Properties's dividend payout ratio is presently -37.43%.

Analyst Ratings Changes

Separately, Evercore ISI lifted their price target 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.

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.