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First Trust Advisors LP Has $1.11 Million Stock Holdings in JBG SMITH Properties (NYSE:JBGS)

JBG SMITH Properties logo with Finance background

First Trust Advisors LP decreased its holdings in shares of JBG SMITH Properties (NYSE:JBGS - Free Report) by 28.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 72,152 shares of the company's stock after selling 28,735 shares during the quarter. First Trust Advisors LP owned 0.09% of JBG SMITH Properties worth $1,109,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of JBGS. Sterling Capital Management LLC grew its holdings in shares of JBG SMITH Properties by 814.6% during the fourth quarter. Sterling Capital Management LLC now owns 2,570 shares of the company's stock valued at $40,000 after buying an additional 2,289 shares in the last quarter. KBC Group NV grew its holdings in shares of JBG SMITH Properties by 64.9% during the fourth quarter. KBC Group NV now owns 5,677 shares of the company's stock valued at $87,000 after buying an additional 2,234 shares in the last quarter. Yoffe Investment Management LLC purchased a new position in shares of JBG SMITH Properties during the fourth quarter valued at $169,000. Bank of Montreal Can grew its holdings in shares of JBG SMITH Properties by 8.5% during the fourth quarter. Bank of Montreal Can now owns 11,928 shares of the company's stock valued at $183,000 after buying an additional 939 shares in the last quarter. Finally, Sequoia Financial Advisors LLC purchased a new position in shares of JBG SMITH Properties during the fourth quarter valued at $194,000. Hedge funds and other institutional investors own 98.46% of the company's stock.

JBG SMITH Properties Stock Up 0.4%

Shares of JBGS stock traded up $0.07 on Tuesday, reaching $16.48. 434,418 shares of the company's stock traded hands, compared to its average volume of 848,875. The business's 50 day moving average price is $15.15 and its two-hundred day moving average price is $15.53. The company has a debt-to-equity ratio of 1.42, a quick ratio of 3.87 and a current ratio of 3.73. JBG SMITH Properties has a 12-month low of $13.28 and a 12-month high of $18.86. The company has a market capitalization of $1.20 billion, a P/E ratio of -9.87 and a beta of 1.14.

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

JBG SMITH Properties Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 22nd. Shareholders of record on Thursday, May 8th will be given a $0.175 dividend. The ex-dividend date of this dividend is Thursday, May 8th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 4.25%. JBG SMITH Properties's dividend payout ratio is currently -37.43%.

JBG SMITH Properties Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for JBG SMITH Properties (NYSE:JBGS)

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