Loomis Sayles & Co. L P grew its stake in shares of JBG SMITH Properties (NYSE:JBGS) by 3.2% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 392,520 shares of the company’s stock after acquiring an additional 12,025 shares during the quarter. Loomis Sayles & Co. L P owned about 0.32% of JBG SMITH Properties worth $14,457,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Glen Harbor Capital Management LLC boosted its holdings in shares of JBG SMITH Properties by 21.1% in the second quarter. Glen Harbor Capital Management LLC now owns 7,888 shares of the company’s stock worth $288,000 after buying an additional 1,376 shares during the last quarter. Xact Kapitalforvaltning AB boosted its holdings in shares of JBG SMITH Properties by 9.4% in the third quarter. Xact Kapitalforvaltning AB now owns 16,300 shares of the company’s stock worth $600,000 after buying an additional 1,400 shares during the last quarter. Credit Suisse AG boosted its holdings in shares of JBG SMITH Properties by 0.5% in the third quarter. Credit Suisse AG now owns 271,391 shares of the company’s stock worth $9,995,000 after buying an additional 1,442 shares during the last quarter. Teachers Insurance & Annuity Association of America boosted its holdings in shares of JBG SMITH Properties by 1.1% in the third quarter. Teachers Insurance & Annuity Association of America now owns 133,635 shares of the company’s stock worth $4,922,000 after buying an additional 1,454 shares during the last quarter. Finally, Arizona State Retirement System boosted its holdings in shares of JBG SMITH Properties by 2.3% in the second quarter. Arizona State Retirement System now owns 64,696 shares of the company’s stock worth $2,359,000 after buying an additional 1,484 shares during the last quarter. 76.72% of the stock is currently owned by hedge funds and other institutional investors.

In other JBG SMITH Properties news, insider James Lee Iker sold 23,836 shares of the firm’s stock in a transaction that occurred on Monday, November 5th. The shares were sold at an average price of $39.35, for a total transaction of $937,946.60. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director University Yale sold 160,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 4th. The stock was sold at an average price of $39.95, for a total transaction of $6,392,000.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 738,344 shares of company stock worth $29,262,551. 13.33% of the stock is owned by company insiders.

A number of equities analysts recently issued reports on JBGS shares. ValuEngine raised shares of JBG SMITH Properties from a “hold” rating to a “buy” rating in a report on Tuesday, November 20th. Stifel Nicolaus raised shares of JBG SMITH Properties from a “sell” rating to a “hold” rating and raised their price objective for the stock from $34.00 to $37.00 in a report on Monday, October 22nd. Finally, Zacks Investment Research raised shares of JBG SMITH Properties from a “sell” rating to a “hold” rating in a report on Tuesday, October 16th.

NYSE JBGS opened at $39.39 on Friday. JBG SMITH Properties has a 12 month low of $30.86 and a 12 month high of $40.72. The company has a market cap of $4.87 billion, a price-to-earnings ratio of 23.13 and a beta of 0.03. The company has a current ratio of 3.79, a quick ratio of 3.79 and a debt-to-equity ratio of 0.67.

The company also recently announced a quarterly dividend, which was paid on Monday, November 26th. Shareholders of record on Tuesday, November 13th were paid a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a yield of 2.28%. The ex-dividend date of this dividend was Friday, November 9th.

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JBG SMITH Properties Company Profile

JBG SMITH Properties, a real estate investment trust (REIT), owns, operates, invests in, and develops real estate assets in Washington, the United States. The company's assets consist of office, multifamily, and retail properties. As of December 31, 2017, its operating portfolio consisted of 69 operating assets comprising 51 office assets, 14 multifamily assets, and 4 other assets.

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Institutional Ownership by Quarter for JBG SMITH Properties (NYSE:JBGS)

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