JBG SMITH Properties (NYSE:JBGS) Insider Sells $134,964.68 in 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 shares were sold at an average price of $23.62, for a total value of $134,964.68. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

JBG SMITH Properties Trading Up 0.6%

Shares of NYSE JBGS traded up $0.15 during mid-day trading on Monday, hitting $23.66. 846,157 shares of the company traded hands, compared to its average volume of 944,063. JBG SMITH Properties has a 1 year low of $13.28 and a 1 year high of $23.75. The stock has a market capitalization of $1.46 billion, a price-to-earnings ratio of 36.17 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. The business has a 50 day moving average of $20.33 and a two-hundred day moving average of $17.56.

JBG SMITH Properties (NYSE:JBGS - Get Free Report) last announced its 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. The business had revenue of $126.48 million during the quarter, compared to the consensus estimate 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 Dividend Announcement

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

Institutional Trading of JBG SMITH Properties

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in JBGS. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in JBG SMITH Properties by 554.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 673,314 shares of the company's stock valued at $10,847,000 after buying an additional 570,428 shares during the last quarter. HRT Financial LP acquired a new stake in JBG SMITH Properties in the 2nd quarter valued at approximately $5,295,000. Nuveen LLC acquired a new stake in JBG SMITH Properties in the 1st quarter valued at approximately $4,364,000. Long Pond Capital LP grew its holdings in JBG SMITH Properties by 6.4% in the 2nd quarter. Long Pond Capital LP now owns 3,834,033 shares of the company's stock valued at $66,329,000 after buying an additional 230,150 shares during the last quarter. Finally, WINTON GROUP Ltd bought a new stake in shares of JBG SMITH Properties in the 2nd quarter worth approximately $3,183,000. Institutional investors and hedge funds own 98.46% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on JBGS shares. Wall Street Zen raised JBG SMITH Properties from a "sell" rating to a "hold" rating in a research note on Saturday, August 2nd. Evercore ISI reissued an "underperform" rating on shares of JBG SMITH Properties in a research note on Monday. Two equities research analysts have rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of "Sell" and an average target price 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.

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