Mercer Global Advisors Inc. ADV Invests $740,000 in JBG SMITH Properties (NYSE:JBGS)

Mercer Global Advisors Inc. ADV bought a new stake in JBG SMITH Properties (NYSE:JBGS - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 48,145 shares of the company's stock, valued at approximately $740,000. Mercer Global Advisors Inc. ADV owned 0.06% of JBG SMITH Properties at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Sterling Capital Management LLC boosted its stake 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 purchasing an additional 2,289 shares during the period. KBC Group NV grew its stake in JBG SMITH Properties by 64.9% in the fourth quarter. KBC Group NV now owns 5,677 shares of the company's stock worth $87,000 after purchasing an additional 2,234 shares in the last quarter. Yoffe Investment Management LLC bought a new position in JBG SMITH Properties in the fourth quarter worth approximately $169,000. Bank of Montreal Can increased its holdings in JBG SMITH Properties by 8.5% during the 4th quarter. Bank of Montreal Can now owns 11,928 shares of the company's stock worth $183,000 after purchasing an additional 939 shares during the period. Finally, Sequoia Financial Advisors LLC bought a new stake in JBG SMITH Properties during the 4th quarter valued at $194,000. Institutional investors own 98.46% of the company's stock.

JBG SMITH Properties Stock Down 3.4%

Shares of JBGS traded down $0.56 during midday trading on Wednesday, reaching $16.06. 1,110,695 shares of the stock were exchanged, compared to its average volume of 852,353. The company has a current ratio of 3.73, a quick ratio of 3.87 and a debt-to-equity ratio of 1.42. The company's 50 day moving average is $15.19 and its two-hundred day moving average is $15.54. The company has a market capitalization of $1.17 billion, a P/E ratio of -9.62 and a beta of 1.14. JBG SMITH Properties has a 52 week low of $13.28 and a 52 week high of $18.86.

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

JBG SMITH Properties Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 22nd. Shareholders of record on Thursday, May 8th will be issued a $0.175 dividend. The ex-dividend date is Thursday, May 8th. This represents a $0.70 dividend on an annualized basis and a yield of 4.36%. JBG SMITH Properties's dividend payout ratio is presently -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.