JBG SMITH Properties (NYSE:JBGS) Shares Sold by Millennium Management LLC

Millennium Management LLC lowered its stake in JBG SMITH Properties (NYSE:JBGS - Free Report) by 40.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 253,430 shares of the company's stock after selling 170,313 shares during the quarter. Millennium Management LLC owned approximately 0.30% of JBG SMITH Properties worth $3,895,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in JBG SMITH Properties by 1.4% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,362 shares of the company's stock valued at $713,000 after acquiring an additional 662 shares during the last quarter. State of Tennessee Department of Treasury increased its holdings in shares of JBG SMITH Properties by 2.0% during the 4th quarter. State of Tennessee Department of Treasury now owns 42,457 shares of the company's stock worth $653,000 after buying an additional 818 shares during the last quarter. Carmel Capital Partners LLC increased 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 worth $415,000 after buying an additional 830 shares during the last quarter. Bank of Montreal Can increased its holdings in shares of 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 buying an additional 939 shares during the last quarter. Finally, Meixler Investment Management Ltd. increased its holdings in shares of JBG SMITH Properties by 6.2% during the 4th quarter. Meixler Investment Management Ltd. now owns 31,458 shares of the company's stock worth $484,000 after buying an additional 1,850 shares during the last quarter. 98.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Evercore ISI upped 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 0.4%

Shares of JBGS stock traded down $0.07 on Friday, reaching $17.16. 1,521,671 shares of the stock were exchanged, compared to its average volume of 865,130. The stock has a market cap of $1.25 billion, a P/E ratio of -10.28 and a beta of 1.14. The company has a quick ratio of 3.87, a current ratio of 3.73 and a debt-to-equity ratio of 1.42. The firm has a 50 day moving average of $15.60 and a two-hundred day moving average of $15.50. JBG SMITH Properties has a 1-year low of $13.28 and a 1-year high of $18.86.

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 return on equity of 7.26% and a negative net margin of 26.22%. The business 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 declared a quarterly dividend, which was paid on Thursday, May 22nd. Investors of record on Thursday, May 8th were issued a $0.175 dividend. The ex-dividend date of this dividend was Thursday, May 8th. This represents a $0.70 annualized dividend and a yield of 4.08%. JBG SMITH Properties's dividend payout ratio is currently -37.43%.

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.