Shares of JBG SMITH Properties (NYSE:JBGS) have been given a consensus broker rating score of 3.00 (Hold) from the one brokers that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold recommendation. JBG SMITH Properties’ rating score has improved by 40% from three months ago as a result of a number of analysts’ ratings changes.

Analysts have set a 12-month consensus target price of $37.00 for the company and are predicting that the company will post $0.48 earnings per share for the current quarter, according to Zacks. Zacks has also given JBG SMITH Properties an industry rank of 160 out of 257 based on the ratings given to related companies.

JBGS has been the subject of several analyst reports. ValuEngine upgraded shares of JBG SMITH Properties from a “hold” rating to a “buy” rating in a report on Wednesday, October 24th. Zacks Investment Research downgraded shares of JBG SMITH Properties from a “hold” rating to a “sell” rating in a report on Wednesday, August 22nd. Finally, Stifel Nicolaus upgraded shares of JBG SMITH Properties from a “sell” rating to a “hold” rating and increased their target price for the company from $34.00 to $37.00 in a report on Monday, October 22nd.

In other news, CIO James Lee Iker sold 23,837 shares of the stock in a transaction dated Wednesday, September 19th. The shares were sold at an average price of $37.54, for a total value of $894,840.98. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 13.33% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of JBGS. Wells Fargo & Company MN increased its holdings in JBG SMITH Properties by 467.4% during the first quarter. Wells Fargo & Company MN now owns 78,044 shares of the company’s stock worth $2,630,000 after buying an additional 99,287 shares during the last quarter. UBS Group AG increased its holdings in JBG SMITH Properties by 2.9% during the first quarter. UBS Group AG now owns 141,211 shares of the company’s stock worth $4,760,000 after buying an additional 4,040 shares during the last quarter. Millennium Management LLC increased its holdings in JBG SMITH Properties by 238.6% during the first quarter. Millennium Management LLC now owns 133,372 shares of the company’s stock worth $4,496,000 after buying an additional 93,980 shares during the last quarter. Principal Financial Group Inc. increased its holdings in JBG SMITH Properties by 5.0% during the first quarter. Principal Financial Group Inc. now owns 403,805 shares of the company’s stock worth $13,612,000 after buying an additional 19,338 shares during the last quarter. Finally, State of Alaska Department of Revenue increased its holdings in JBG SMITH Properties by 80.0% during the second quarter. State of Alaska Department of Revenue now owns 46,113 shares of the company’s stock worth $1,681,000 after buying an additional 20,497 shares during the last quarter. Institutional investors and hedge funds own 78.50% of the company’s stock.

Shares of JBG SMITH Properties stock traded down $0.26 during trading hours on Monday, reaching $38.78. The company’s stock had a trading volume of 353,300 shares, compared to its average volume of 553,647. The firm has a market capitalization of $4.70 billion, a price-to-earnings ratio of 22.44 and a beta of -0.02. The company has a current ratio of 3.79, a quick ratio of 3.41 and a debt-to-equity ratio of 0.67. JBG SMITH Properties has a one year low of $30.86 and a one year high of $40.39.

The company also recently announced a quarterly dividend, which will be paid on Monday, November 26th. Stockholders of record on Tuesday, November 13th will be issued a $0.225 dividend. The ex-dividend date is Friday, November 9th. This represents a $0.90 annualized dividend and a dividend yield of 2.32%.

About JBG SMITH Properties

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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