Mason Street Advisors LLC lifted its holdings in shares of JBG SMITH Properties (NYSE:JBGS) by 2.9% during the 1st quarter, Holdings Channel reports. The firm owned 58,673 shares of the company’s stock after acquiring an additional 1,670 shares during the period. Mason Street Advisors LLC’s holdings in JBG SMITH Properties were worth $2,426,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of JBGS. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in JBG SMITH Properties by 1.8% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 19,438 shares of the company’s stock valued at $804,000 after buying an additional 342 shares during the last quarter. New York State Teachers Retirement System increased its holdings in JBG SMITH Properties by 0.7% in the first quarter. New York State Teachers Retirement System now owns 124,089 shares of the company’s stock valued at $5,131,000 after buying an additional 900 shares during the last quarter. State Treasurer State of Michigan increased its holdings in JBG SMITH Properties by 1.3% in the first quarter. State Treasurer State of Michigan now owns 39,325 shares of the company’s stock valued at $1,626,000 after buying an additional 500 shares during the last quarter. Bbva Compass Bancshares Inc. increased its holdings in JBG SMITH Properties by 4.5% in the first quarter. Bbva Compass Bancshares Inc. now owns 7,047 shares of the company’s stock valued at $291,000 after buying an additional 301 shares during the last quarter. Finally, Texas Permanent School Fund boosted its stake in JBG SMITH Properties by 5.2% in the first quarter. Texas Permanent School Fund now owns 74,915 shares of the company’s stock valued at $3,098,000 after acquiring an additional 3,701 shares during the period. Institutional investors and hedge funds own 73.29% of the company’s stock.

Shares of JBGS stock opened at $40.77 on Thursday. The company has a debt-to-equity ratio of 0.71, a current ratio of 4.57 and a quick ratio of 4.57. JBG SMITH Properties has a 52 week low of $33.30 and a 52 week high of $43.21. The company has a market capitalization of $5.48 billion, a price-to-earnings ratio of 23.57 and a beta of 0.72.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 24th. Shareholders of record on Monday, May 13th will be issued a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a yield of 2.21%. The ex-dividend date is Friday, May 10th. JBG SMITH Properties’s dividend payout ratio is currently 52.02%.

A number of equities analysts have commented on JBGS shares. ValuEngine upgraded JBG SMITH Properties from a “hold” rating to a “buy” rating in a research note on Monday, February 4th. Zacks Investment Research upgraded JBG SMITH Properties from a “sell” rating to a “hold” rating in a research note on Wednesday, May 1st.

In other news, Director Michael J. Glosserman sold 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 27th. The shares were sold at an average price of $40.71, for a total value of $814,200.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Michael J. Glosserman sold 60,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of $40.75, for a total transaction of $2,445,000.00. The disclosure for this sale can be found here. Insiders sold a total of 218,437 shares of company stock valued at $8,918,042 in the last three months. Insiders own 8.92% of the company’s stock.

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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. It operates in three segments: commercial, multifamily, and third-party asset management and real estate services. The company owns and operates a portfolio of commercial, multifamily, and retail assets, as well as provides fee-based real estate services.

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

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