Deutsche Bank AG Has $1.94 Million Position in JBG SMITH Properties (NYSE:JBGS)

Deutsche Bank AG cut its stake in JBG SMITH Properties (NYSE:JBGS - Free Report) by 26.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 125,902 shares of the company's stock after selling 45,314 shares during the period. Deutsche Bank AG owned 0.15% of JBG SMITH Properties worth $1,935,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. Thompson Siegel & Walmsley LLC raised its stake in shares of JBG SMITH Properties by 7.8% in the fourth quarter. Thompson Siegel & Walmsley LLC now owns 2,299,260 shares of the company's stock worth $35,340,000 after acquiring an additional 167,191 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of JBG SMITH Properties by 2.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,220,008 shares of the company's stock worth $34,122,000 after buying an additional 45,514 shares during the last quarter. Northern Trust Corp raised its stake in shares of JBG SMITH Properties by 75.8% during the fourth quarter. Northern Trust Corp now owns 1,631,630 shares of the company's stock worth $25,078,000 after buying an additional 703,538 shares during the last quarter. Natixis raised its stake in shares of JBG SMITH Properties by 0.9% during the fourth quarter. Natixis now owns 1,008,840 shares of the company's stock worth $15,506,000 after buying an additional 8,840 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of 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 buying an additional 82,779 shares during the last quarter. 98.46% of the stock is owned by institutional investors.

Analyst Ratings Changes

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

JBG SMITH Properties Trading Down 0.2%

Shares of JBGS traded down $0.04 on Wednesday, reaching $17.20. 298,530 shares of the company's stock were exchanged, compared to its average volume of 862,975. The company has a current ratio of 3.73, a quick ratio of 3.87 and a debt-to-equity ratio of 1.42. The stock has a market capitalization of $1.26 billion, a P/E ratio of -10.32 and a beta of 1.14. The business has a 50 day moving average price of $15.51 and a two-hundred day moving average price of $15.48. JBG SMITH Properties has a 12 month low of $13.28 and a 12 month high of $18.86.

JBG SMITH Properties (NYSE:JBGS - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $0.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.42) by $0.51. The firm had revenue of $120.69 million during the quarter, compared to analysts' expectations of $124.35 million. JBG SMITH Properties had a negative net margin of 26.22% and a negative return on equity of 7.26%.

JBG SMITH Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 22nd. Investors of record on Thursday, May 8th were issued a dividend of $0.175 per share. This represents a $0.70 dividend on an annualized basis and a yield of 4.07%. The ex-dividend date of this dividend was Thursday, May 8th. JBG SMITH Properties's dividend payout ratio is currently -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.