JBG SMITH Properties $JBGS Shares Purchased by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of JBG SMITH Properties (NYSE:JBGS) by 16,414.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 499,722 shares of the company’s stock after buying an additional 496,696 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in JBG SMITH Properties were worth $7,331,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd grew its stake in shares of JBG SMITH Properties by 151.8% in the third quarter. Caitong International Asset Management Co. Ltd now owns 1,637 shares of the company’s stock worth $36,000 after acquiring an additional 987 shares in the last quarter. Smartleaf Asset Management LLC increased its position in shares of JBG SMITH Properties by 51.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,244 shares of the company’s stock worth $38,000 after acquiring an additional 765 shares during the period. Los Angeles Capital Management LLC acquired a new stake in shares of JBG SMITH Properties in the fourth quarter valued at $39,000. EverSource Wealth Advisors LLC raised its stake in shares of JBG SMITH Properties by 113.6% in the second quarter. EverSource Wealth Advisors LLC now owns 3,273 shares of the company’s stock valued at $57,000 after acquiring an additional 1,741 shares in the last quarter. Finally, State of Wyoming purchased a new position in JBG SMITH Properties in the second quarter valued at $72,000. 98.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently commented on JBGS. Capital One Financial set a $13.00 target price on JBG SMITH Properties in a research note on Tuesday, August 4th. Weiss Ratings reiterated a “sell (d-)” rating on shares of JBG SMITH Properties in a research note on Friday. Wall Street Zen raised JBG SMITH Properties from a “sell” rating to a “hold” rating in a research report on Sunday. Finally, BMO Capital Markets restated an “underperform” rating on shares of JBG SMITH Properties in a research note on Tuesday, August 4th. Three research analysts have rated the stock with a Sell rating, According to data from MarketBeat.com, JBG SMITH Properties has a consensus rating of “Strong Sell” and a consensus price target of $16.67.

JBG SMITH Properties Price Performance

JBG SMITH Properties stock opened at $11.72 on Tuesday. The stock has a market cap of $686.56 million, a P/E ratio of -4.49 and a beta of 1.07. The company has a fifty day simple moving average of $13.32 and a 200-day simple moving average of $14.33. JBG SMITH Properties has a 12-month low of $10.77 and a 12-month high of $24.30. The company has a current ratio of 4.89, a quick ratio of 4.89 and a debt-to-equity ratio of 2.35.

JBG SMITH Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 27th. Shareholders of record on Thursday, August 13th were paid a $0.175 dividend. The ex-dividend date was Thursday, August 13th. This represents a $0.70 dividend on an annualized basis and a yield of 6.0%. JBG SMITH Properties’s dividend payout ratio (DPR) is currently -26.82%.

JBG SMITH Properties Company Profile

JBG SMITH Properties is a publicly traded real estate investment trust specializing in the acquisition, development and management of mixed-use properties in the Washington, DC metropolitan area. The company’s portfolio encompasses office, residential, retail, hotel and entertainment assets, with a strategic focus on high-growth urban and transit-oriented neighborhoods in the District of Columbia, Northern Virginia and suburban Maryland.

The company actively develops large-scale, mixed-use communities designed to integrate living, working and leisure spaces.