Universal Beteiligungs und Servicegesellschaft mbH Makes New Investment in JBG SMITH Properties (NYSE:JBGS)

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH acquired 34,402 shares of JBG SMITH Properties valued at approximately $554,000, indicating increasing institutional interest in the company.
• Several hedge funds have significantly boosted their positions in JBG SMITH Properties, with Sterling Capital Management increasing its holdings by 814.6% in the fourth quarter.
• JBG SMITH Properties recently declared a quarterly dividend of $0.175, with an annualized yield of 3.3% despite a negative net margin of 29.54% in its most recent earnings report.

Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of JBG SMITH Properties (NYSE:JBGS - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 34,402 shares of the company's stock, valued at approximately $554,000.

Other hedge funds have also modified their holdings of the company. Sterling Capital Management LLC boosted its position in shares of JBG SMITH Properties by 814.6% in the fourth quarter. Sterling Capital Management LLC now owns 2,570 shares of the company's stock worth $40,000 after acquiring an additional 2,289 shares during the last quarter. Farther Finance Advisors LLC boosted its position in shares of JBG SMITH Properties by 1,052.9% in the first quarter. Farther Finance Advisors LLC now owns 2,617 shares of the company's stock worth $42,000 after acquiring an additional 2,390 shares during the last quarter. Versant Capital Management Inc boosted its position in shares of JBG SMITH Properties by 113.7% in the first quarter. Versant Capital Management Inc now owns 3,374 shares of the company's stock worth $54,000 after acquiring an additional 1,795 shares during the last quarter. State of Wyoming acquired a new stake in shares of JBG SMITH Properties in the fourth quarter worth approximately $98,000. Finally, M&T Bank Corp acquired a new stake in shares of JBG SMITH Properties in the first quarter worth approximately $170,000. 98.46% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently issued reports on JBGS. Evercore ISI raised their target price on shares of JBG SMITH Properties from $16.00 to $17.00 and gave the stock an "underperform" rating in a research report on Monday, May 19th. Wall Street Zen upgraded shares of JBG SMITH Properties from a "sell" rating to a "hold" rating in a report on Saturday.

Insider Activity at JBG SMITH Properties

In other news, CIO George Laucks Xanders sold 5,600 shares of JBG SMITH Properties stock in a transaction that occurred on Thursday, July 31st. The shares were sold at an average price of $21.57, for a total transaction of $120,792.00. Following the sale, the executive owned 2,750 shares in the company, valued at $59,317.50. This trade represents a 67.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Angela Valdes sold 10,098 shares of JBG SMITH Properties stock in a transaction that occurred on Thursday, July 31st. The shares were sold at an average price of $21.53, for a total transaction of $217,409.94. The disclosure for this sale can be found here. Company insiders own 4.40% of the company's stock.

JBG SMITH Properties Trading Down 1.3%

NYSE JBGS opened at $20.91 on Friday. JBG SMITH Properties has a one year low of $13.28 and a one year high of $22.45. The company's 50 day moving average price is $18.06 and its 200 day moving average price is $16.26. The company has a debt-to-equity ratio of 1.88, a quick ratio of 3.40 and a current ratio of 3.54. The firm has a market capitalization of $1.29 billion, a price-to-earnings ratio of -11.06 and a beta of 1.28.

JBG SMITH Properties (NYSE:JBGS - Get Free Report) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $0.19 EPS for the quarter, beating the consensus estimate of ($0.54) by $0.73. JBG SMITH Properties had a negative net margin of 29.54% and a negative return on equity of 9.20%. The firm had revenue of $126.48 million for the quarter, compared to analyst estimates of $116.76 million.

JBG SMITH Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 21st. Investors of record on Thursday, August 7th will be issued a $0.175 dividend. The ex-dividend date is Thursday, August 7th. This represents a $0.70 annualized dividend and a yield of 3.3%. JBG SMITH Properties's dividend payout ratio (DPR) is presently -37.04%.

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.

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