Evan Regan-Levine Sells 5,714 Shares of JBG SMITH Properties (NYSE:JBGS) Stock

Key Points

• Insider Evan Regan-Levine sold 5,714 shares of JBG SMITH Properties for a total of $134,964.68 at an average price of $23.62 on September 15th.
• The company reported an earnings per share (EPS) of $0.19 for the last quarter, significantly beating the consensus estimate of ($0.54).
• JBG SMITH Properties' current dividend yield is 3.0%, with a recently paid quarterly dividend of $0.175 per share.

JBG SMITH Properties (NYSE:JBGS - Get Free Report) insider Evan Regan-Levine sold 5,714 shares of the company's stock in a transaction on Monday, September 15th. The stock was sold at an average price of $23.62, for a total value of $134,964.68. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

JBG SMITH Properties Price Performance

JBGS stock traded down $0.37 on Friday, reaching $23.68. 6,730,183 shares of the company's stock were exchanged, compared to its average volume of 974,735. The stock has a fifty day moving average of $20.80 and a 200-day moving average of $17.77. JBG SMITH Properties has a twelve month low of $13.28 and a twelve month high of $24.30. The firm has a market cap of $1.46 billion, a PE ratio of -12.53 and a beta of 1.33. The company has a quick ratio of 3.54, a current ratio of 3.54 and a debt-to-equity ratio of 1.88.

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

JBG SMITH Properties Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, August 21st. Shareholders of record on Thursday, August 7th were issued a $0.175 dividend. The ex-dividend date of this dividend was Thursday, August 7th. This represents a $0.70 annualized dividend and a yield of 3.0%. JBG SMITH Properties's dividend payout ratio is -37.04%.

Institutional Trading of JBG SMITH Properties

Several institutional investors and hedge funds have recently made changes to their positions in JBGS. Farther Finance Advisors LLC lifted 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 valued at $42,000 after acquiring an additional 2,390 shares in the last quarter. Versant Capital Management Inc lifted its position in JBG SMITH Properties by 113.7% during the first quarter. Versant Capital Management Inc now owns 3,374 shares of the company's stock worth $54,000 after buying an additional 1,795 shares during the period. EverSource Wealth Advisors LLC lifted its position in JBG SMITH Properties by 113.6% during the second quarter. EverSource Wealth Advisors LLC now owns 3,273 shares of the company's stock worth $57,000 after buying an additional 1,741 shares during the period. US Bancorp DE lifted its position in JBG SMITH Properties by 123.6% during the first quarter. US Bancorp DE now owns 3,787 shares of the company's stock worth $61,000 after buying an additional 2,093 shares during the period. Finally, MAI Capital Management lifted its position in JBG SMITH Properties by 103.5% during the first quarter. MAI Capital Management now owns 4,184 shares of the company's stock worth $67,000 after buying an additional 2,128 shares during the period. 98.46% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. Evercore ISI reissued an "underperform" rating on shares of JBG SMITH Properties in a report on Monday. Wall Street Zen raised JBG SMITH Properties from a "sell" rating to a "hold" rating in a report on Saturday, August 2nd. Two equities research analysts have rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of "Sell" and a consensus price target of $17.00.

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.