JBG SMITH Properties (NYSE:JBGS - Get Free Report) had its price objective upped by investment analysts at Evercore ISI from $16.00 to $17.00 in a report issued on Monday,Benzinga reports. The brokerage currently has an "underperform" rating on the stock. Evercore ISI's target price would suggest a potential upside of 3.24% from the company's previous close.
JBG SMITH Properties Trading Up 0.1%
Shares of JBGS traded up $0.02 during trading hours on Monday, reaching $16.47. The stock had a trading volume of 1,028,959 shares, compared to its average volume of 864,477. The company has a quick ratio of 3.87, a current ratio of 3.73 and a debt-to-equity ratio of 1.42. JBG SMITH Properties has a 52 week low of $13.28 and a 52 week high of $18.86. The firm has a 50-day moving average of $15.47 and a 200 day moving average of $15.50. The company has a market cap of $1.20 billion, a P/E ratio of -9.86 and a beta of 1.14.
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. JBG SMITH Properties had a negative net margin of 26.22% and a negative return on equity of 7.26%. The business had revenue of $120.69 million during the quarter, compared to analysts' expectations of $124.35 million.
Institutional Trading of JBG SMITH Properties
A number of large investors have recently made changes to their positions in JBGS. Northern Trust Corp increased its position in shares of JBG SMITH Properties by 75.8% in the 4th quarter. Northern Trust Corp now owns 1,631,630 shares of the company's stock valued at $25,078,000 after buying an additional 703,538 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake 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 worth $10,847,000 after purchasing an additional 570,428 shares during the period. Invesco Ltd. boosted 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 worth $10,624,000 after purchasing an additional 335,661 shares during the period. Nuveen LLC acquired a new position in JBG SMITH Properties in the 1st quarter worth $4,364,000. Finally, Norges Bank acquired a new position in JBG SMITH Properties in the 4th quarter worth $3,837,000. Institutional investors own 98.46% of the company's stock.
JBG SMITH Properties Company Profile
(
Get 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.
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