JBG SMITH Properties (NYSE:JBGS) Shares Down 6.7%

Shares of JBG SMITH Properties (NYSE:JBGS - Get Free Report) fell 6.7% during trading on Wednesday . The stock traded as low as $15.05 and last traded at $15.08. 111,685 shares changed hands during trading, a decline of 90% from the average session volume of 1,068,508 shares. The stock had previously closed at $16.16.

Analyst Ratings Changes

Separately, Evercore ISI decreased their price target on shares of JBG SMITH Properties from $16.00 to $14.50 and set an "underperform" rating on the stock in a research note on Wednesday.

JBG SMITH Properties Price Performance

The stock has a market capitalization of $1.40 billion, a PE ratio of -18.15 and a beta of 1.07. The firm's 50 day simple moving average is $16.41 and its 200 day simple moving average is $15.56. The company has a debt-to-equity ratio of 1.14, a current ratio of 3.33 and a quick ratio of 3.33.

JBG SMITH Properties Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, March 1st were paid a dividend of $0.175 per share. This represents a $0.70 annualized dividend and a dividend yield of 4.59%. The ex-dividend date of this dividend was Thursday, February 29th. JBG SMITH Properties's dividend payout ratio (DPR) is presently -83.33%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Yousif Capital Management LLC boosted its holdings in JBG SMITH Properties by 1.1% in the first quarter. Yousif Capital Management LLC now owns 61,597 shares of the company's stock valued at $1,800,000 after acquiring an additional 655 shares in the last quarter. Worth Venture Partners LLC increased its position in JBG SMITH Properties by 11.3% during the 1st quarter. Worth Venture Partners LLC now owns 7,900 shares of the company's stock valued at $231,000 after purchasing an additional 800 shares during the period. Natixis Advisors L.P. increased its position in JBG SMITH Properties by 4.9% during the 2nd quarter. Natixis Advisors L.P. now owns 18,878 shares of the company's stock valued at $446,000 after purchasing an additional 885 shares during the period. Brown Brothers Harriman & Co. increased its position in JBG SMITH Properties by 127.2% during the 4th quarter. Brown Brothers Harriman & Co. now owns 1,786 shares of the company's stock valued at $30,000 after purchasing an additional 1,000 shares during the period. Finally, Van ECK Associates Corp increased its position in JBG SMITH Properties by 9.4% during the 3rd quarter. Van ECK Associates Corp now owns 13,736 shares of the company's stock valued at $199,000 after purchasing an additional 1,184 shares during the period. Institutional investors own 98.46% of the company's stock.

About JBG SMITH Properties

JBG SMITH owns, operates, invests in, and develops mixed-use properties in high growth and high barrier-to-entry submarkets in and around Washington, DC, most notably National Landing. Through an intense focus on placemaking, JBG SMITH cultivates vibrant, amenity-rich, walkable neighborhoods throughout the Washington, DC metropolitan area.