JBG SMITH Properties (NYSE:JBGS) Shares Sold by Man Group plc

Man Group plc trimmed its position in shares of JBG SMITH Properties (NYSE:JBGS - Free Report) by 11.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 347,573 shares of the company's stock after selling 45,109 shares during the period. Man Group plc owned about 0.41% of JBG SMITH Properties worth $5,342,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in JBGS. Sterling Capital Management LLC boosted its holdings in JBG SMITH Properties by 814.6% in the fourth quarter. Sterling Capital Management LLC now owns 2,570 shares of the company's stock valued at $40,000 after purchasing an additional 2,289 shares in the last quarter. KBC Group NV lifted its position in shares of JBG SMITH Properties by 64.9% during the 4th quarter. KBC Group NV now owns 5,677 shares of the company's stock worth $87,000 after buying an additional 2,234 shares during the last quarter. Yoffe Investment Management LLC acquired a new position in shares of JBG SMITH Properties in the 4th quarter valued at $169,000. Bank of Montreal Can boosted its holdings in shares of JBG SMITH Properties by 8.5% in the 4th quarter. Bank of Montreal Can now owns 11,928 shares of the company's stock valued at $183,000 after buying an additional 939 shares in the last quarter. Finally, Sequoia Financial Advisors LLC purchased a new position in shares of JBG SMITH Properties in the 4th quarter valued at $194,000. 98.46% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

JBG SMITH Properties Stock Performance

NYSE:JBGS traded up $0.02 during mid-day trading on Monday, reaching $16.47. 1,028,959 shares of the stock were exchanged, compared to its average volume of 865,140. The stock has a market capitalization of $1.20 billion, a P/E ratio of -9.86 and a beta of 1.14. JBG SMITH Properties has a 1 year low of $13.28 and a 1 year high of $18.86. The company has a 50 day simple moving average of $15.47 and a 200-day simple moving average of $15.47. 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 (NYSE:JBGS - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The company reported $0.09 earnings per share (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 firm had revenue of $120.69 million for the quarter, compared to analyst estimates of $124.35 million.

JBG SMITH Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 22nd. Shareholders of record on Thursday, May 8th were given a dividend of $0.175 per share. The ex-dividend date of this dividend was Thursday, May 8th. This represents a $0.70 dividend on an annualized basis and a yield of 4.25%. JBG SMITH Properties's 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.