UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 509,913 Shares of JBG SMITH Properties (NYSE:JBGS)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its holdings in shares of JBG SMITH Properties (NYSE:JBGS - Free Report) by 83.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 102,886 shares of the company's stock after selling 509,913 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.12% of JBG SMITH Properties worth $1,581,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased 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 worth $713,000 after acquiring an additional 662 shares during the last quarter. State of Tennessee Department of Treasury increased its stake in shares of JBG SMITH Properties by 2.0% in the fourth quarter. State of Tennessee Department of Treasury now owns 42,457 shares of the company's stock worth $653,000 after purchasing an additional 818 shares in the last quarter. Carmel Capital Partners LLC raised its position in shares of JBG SMITH Properties by 3.2% in the fourth quarter. Carmel Capital Partners LLC now owns 27,030 shares of the company's stock valued at $415,000 after purchasing an additional 830 shares during the period. Bank of Montreal Can lifted its stake 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 valued at $183,000 after buying an additional 939 shares in the last quarter. Finally, Meixler Investment Management Ltd. lifted its position in shares of JBG SMITH Properties by 6.2% during the fourth quarter. Meixler Investment Management Ltd. now owns 31,458 shares of the company's stock worth $484,000 after acquiring an additional 1,850 shares in the last quarter. 98.46% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Evercore ISI lifted their price target on JBG SMITH Properties from $16.00 to $17.00 and gave the company an "underperform" rating in a research report on Monday, May 19th.

JBG SMITH Properties Price Performance

JBG SMITH Properties stock traded up $0.47 during midday trading on Thursday, reaching $18.37. 1,274,269 shares of the stock were exchanged, compared to its average volume of 894,661. JBG SMITH Properties has a 52 week low of $13.28 and a 52 week high of $18.86. The company has a debt-to-equity ratio of 1.42, a quick ratio of 3.87 and a current ratio of 3.73. The firm has a market cap of $1.34 billion, a PE ratio of -11.00 and a beta of 1.25. The company's fifty day moving average is $15.89 and its 200-day moving average is $15.63.

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 for the quarter, topping the consensus estimate of ($0.42) by $0.51. The firm had revenue of $120.69 million for 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 announced a quarterly dividend, which was paid on Thursday, May 22nd. Investors of record on Thursday, May 8th were given a $0.175 dividend. 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 3.81%. JBG SMITH Properties's payout ratio is -37.43%.

JBG SMITH Properties 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.