First Trust Advisors LP Trims Stock Holdings in JBG SMITH Properties (NYSE:JBGS)

First Trust Advisors LP lessened its position in shares of JBG SMITH Properties (NYSE:JBGS - Free Report) by 28.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & 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 about 0.09% of JBG SMITH Properties worth $1,109,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Franklin Resources Inc. purchased a new position in JBG SMITH Properties during the 3rd quarter worth approximately $500,000. Asset Management One Co. Ltd. grew its holdings in JBG SMITH Properties by 3.4% in the fourth quarter. Asset Management One Co. Ltd. now owns 125,610 shares of the company's stock valued at $1,913,000 after purchasing an additional 4,130 shares during the period. Empowered Funds LLC purchased a new position in shares of JBG SMITH Properties during the 4th quarter valued at approximately $239,000. Invesco Ltd. grew its stake in JBG SMITH Properties by 94.4% in the 4th quarter. Invesco Ltd. now owns 691,230 shares of the company's stock valued at $10,624,000 after acquiring an additional 335,661 shares during the period. Finally, Principal Financial Group Inc. increased its holdings in JBG SMITH Properties by 0.5% in the 4th quarter. Principal Financial Group Inc. now owns 409,520 shares of the company's stock worth $6,294,000 after acquiring an additional 1,892 shares in the last quarter. Institutional investors and hedge funds own 98.46% of the company's stock.

JBG SMITH Properties Price Performance

Shares of JBGS stock traded up $0.48 on Friday, reaching $16.09. 3,010,661 shares of the company were exchanged, compared to its average volume of 844,933. The company has a market cap of $1.18 billion, a price-to-earnings ratio of -9.63 and a beta of 1.14. JBG SMITH Properties has a 1 year low of $13.28 and a 1 year high of $18.86. The business has a 50-day moving average price of $15.13 and a 200 day moving average price of $15.56. 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 (NYSE:JBGS - Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The company reported $0.09 EPS for the quarter, beating analysts' consensus estimates of ($0.42) by $0.51. The company had revenue of $120.69 million during the quarter, compared to the consensus estimate of $124.35 million. JBG SMITH Properties had a negative net margin of 26.22% and a negative return on equity of 7.26%.

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. This represents a $0.70 dividend on an annualized basis and a yield of 4.35%. The ex-dividend date of this dividend is Thursday, May 8th. JBG SMITH Properties's dividend payout ratio is currently -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.