Hsbc Holdings PLC Lowers Stock Holdings in JBG SMITH Properties (NYSE:JBGS)

Hsbc Holdings PLC trimmed its stake in shares of JBG SMITH Properties (NYSE:JBGS - Free Report) by 73.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 68,884 shares of the company's stock after selling 192,091 shares during the period. Hsbc Holdings PLC owned about 0.08% of JBG SMITH Properties worth $1,057,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of JBGS. Invesco Ltd. grew its holdings in shares of JBG SMITH Properties by 94.4% during the 4th quarter. Invesco Ltd. now owns 691,230 shares of the company's stock worth $10,624,000 after purchasing an additional 335,661 shares in the last quarter. Norges Bank acquired a new position in shares of JBG SMITH Properties during the 4th quarter worth approximately $3,837,000. GSI Capital Advisors LLC acquired a new stake in shares of JBG SMITH Properties during the 4th quarter worth about $3,036,000. Thompson Siegel & Walmsley LLC boosted its stake in shares of JBG SMITH Properties by 7.8% in the fourth quarter. Thompson Siegel & Walmsley LLC now owns 2,299,260 shares of the company's stock valued at $35,340,000 after buying an additional 167,191 shares during the period. Finally, JPMorgan Chase & Co. increased its stake in shares of JBG SMITH Properties by 12.6% in the 4th quarter. JPMorgan Chase & Co. now owns 741,071 shares of the company's stock valued at $11,390,000 after purchasing an additional 82,779 shares during the last quarter. 98.46% of the stock is owned by hedge funds and other institutional investors.

JBG SMITH Properties Stock Up 1.7 %

Shares of JBGS traded up $0.26 during trading hours on Friday, hitting $15.87. The stock had a trading volume of 2,134,806 shares, compared to its average volume of 840,367. The firm has a market capitalization of $1.16 billion, a P/E ratio of -9.50 and a beta of 1.14. The firm has a 50 day simple moving average of $15.11 and a 200-day simple moving average of $15.59. JBG SMITH Properties has a 1-year low of $13.28 and a 1-year high of $18.86. The company has a debt-to-equity ratio of 1.42, a current ratio of 3.73 and a quick ratio of 3.87.

JBG SMITH Properties (NYSE:JBGS - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The company reported $0.09 earnings per share for the quarter, beating analysts' consensus estimates of ($0.42) by $0.51. The company had revenue of $120.69 million for the quarter, compared to analysts' expectations of $124.35 million. JBG SMITH Properties had a negative return on equity of 7.26% and a negative net margin of 26.22%.

JBG SMITH Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 22nd. Shareholders of record on Thursday, May 8th will be paid a $0.175 dividend. This represents a $0.70 dividend on an annualized basis and a yield of 4.41%. The ex-dividend date of this dividend is Thursday, May 8th. JBG SMITH Properties's payout ratio is -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.