Universal Beteiligungs und Servicegesellschaft mbH Buys New Shares 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 bought a new stake in JBG SMITH Properties (NYSE:JBGS - Free Report) in the 1st quarter, according to its most recent filing with the SEC. The fund bought 34,402 shares of the company's stock, valued at approximately $554,000.

Several other institutional investors also recently bought and sold shares of the business. Sterling Capital Management LLC lifted its holdings in JBG SMITH Properties by 814.6% in the 4th 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. Farther Finance Advisors LLC raised its holdings in 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 valued at $42,000 after acquiring an additional 2,390 shares in the last quarter. Versant Capital Management Inc lifted its stake in JBG SMITH Properties by 113.7% in the first quarter. Versant Capital Management Inc now owns 3,374 shares of the company's stock valued at $54,000 after buying an additional 1,795 shares during the last quarter. State of Wyoming acquired a new stake in JBG SMITH Properties during the 4th quarter worth approximately $98,000. Finally, Yoffe Investment Management LLC purchased a new stake in JBG SMITH Properties in the 4th quarter valued at approximately $169,000. 98.46% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts recently weighed in on JBGS shares. Evercore ISI increased their target price on 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 raised shares of JBG SMITH Properties from a "sell" rating to a "hold" rating in a report on Saturday.

Insider Buying and Selling at JBG SMITH Properties

In other news, CAO Angela Valdes sold 10,098 shares of the firm's stock in a transaction dated Thursday, July 31st. The stock was sold at an average price of $21.53, for a total value of $217,409.94. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CIO George Laucks Xanders sold 5,600 shares of the firm's stock in a transaction dated Thursday, July 31st. The shares were sold at an average price of $21.57, for a total value of $120,792.00. Following the completion of the sale, the executive owned 2,750 shares of the company's stock, valued at approximately $59,317.50. This represents a 67.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 4.40% of the company's stock.

JBG SMITH Properties Stock Down 1.3%

NYSE JBGS traded down $0.28 during trading on Wednesday, reaching $20.16. 280,105 shares of the company's stock were exchanged, compared to its average volume of 1,168,596. The firm has a market capitalization of $1.24 billion, a PE ratio of -10.69 and a beta of 1.28. The company has a current ratio of 3.54, a quick ratio of 3.54 and a debt-to-equity ratio of 1.88. JBG SMITH Properties has a fifty-two week low of $13.28 and a fifty-two week high of $22.45. The company's fifty day simple moving average is $18.21 and its 200-day simple moving average is $16.33.

JBG SMITH Properties (NYSE:JBGS - Get Free Report) last posted its quarterly earnings data on Tuesday, July 29th. The company reported $0.19 earnings per share (EPS) for the quarter, topping 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 company had revenue of $126.48 million for the quarter, compared to the consensus estimate of $116.76 million.

JBG SMITH Properties Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 21st. Shareholders of record on Thursday, August 7th will be given a dividend of $0.175 per share. This represents a $0.70 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend is Thursday, August 7th. JBG SMITH Properties's dividend payout ratio is -37.04%.

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.