Cbre Clarion Securities LLC purchased a new stake in JBG SMITH Properties (NYSE:JBGS) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 118,254 shares of the company’s stock, valued at approximately $3,764,000. Cbre Clarion Securities LLC owned 0.09% of JBG SMITH Properties as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Great West Life Assurance Co. Can raised its position in shares of JBG SMITH Properties by 2.0% during the fourth quarter. Great West Life Assurance Co. Can now owns 137,609 shares of the company’s stock worth $5,447,000 after purchasing an additional 2,700 shares during the period. Bank of New York Mellon Corp raised its position in shares of JBG SMITH Properties by 6.3% during the fourth quarter. Bank of New York Mellon Corp now owns 1,912,846 shares of the company’s stock worth $76,303,000 after purchasing an additional 112,624 shares during the period. Alliancebernstein L.P. raised its position in shares of JBG SMITH Properties by 2.8% during the fourth quarter. Alliancebernstein L.P. now owns 253,848 shares of the company’s stock worth $10,126,000 after purchasing an additional 6,940 shares during the period. Sumitomo Mitsui Trust Holdings Inc. raised its position in shares of JBG SMITH Properties by 15.1% during the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 240,550 shares of the company’s stock worth $7,657,000 after purchasing an additional 31,492 shares during the period. Finally, Citigroup Inc. raised its position in shares of JBG SMITH Properties by 182.6% during the first quarter. Citigroup Inc. now owns 204,836 shares of the company’s stock worth $6,520,000 after purchasing an additional 132,351 shares during the period. 82.47% of the stock is currently owned by hedge funds and other institutional investors.

NYSE JBGS traded up $1.07 on Wednesday, reaching $32.12. The company had a trading volume of 23,817 shares, compared to its average volume of 671,447. The stock has a market capitalization of $4.04 billion, a P/E ratio of 53.82, a P/E/G ratio of 13.42 and a beta of 0.69. The company has a quick ratio of 4.36, a current ratio of 4.36 and a debt-to-equity ratio of 0.51. The company’s fifty day moving average is $30.99 and its 200 day moving average is $36.14. JBG SMITH Properties has a 52-week low of $21.88 and a 52-week high of $42.36.

JBG SMITH Properties (NYSE:JBGS) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.11). The business had revenue of $158.10 million during the quarter, compared to the consensus estimate of $139.61 million. JBG SMITH Properties had a net margin of 12.85% and a return on equity of 2.44%. The firm’s revenue for the quarter was up 1.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.36 EPS. On average, research analysts expect that JBG SMITH Properties will post 1.56 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 27th. Shareholders of record on Wednesday, May 13th were paid a $0.225 dividend. The ex-dividend date was Tuesday, May 12th. This represents a $0.90 dividend on an annualized basis and a yield of 2.80%. JBG SMITH Properties’s dividend payout ratio (DPR) is presently 55.90%.

A number of equities analysts have recently weighed in on the company. Zacks Investment Research lowered JBG SMITH Properties from a “hold” rating to a “sell” rating in a research report on Tuesday, May 26th. TheStreet raised JBG SMITH Properties from a “d+” rating to a “c” rating in a research report on Monday, February 10th. Finally, Stifel Nicolaus lowered their target price on JBG SMITH Properties from $40.00 to $32.00 and set a “hold” rating on the stock in a research report on Friday, April 3rd. One analyst has rated the stock with a sell rating and four have given a hold rating to the company’s stock. JBG SMITH Properties currently has an average rating of “Hold” and a consensus target price of $39.67.

In other news, Vice Chairman Robert Alexander Stewart sold 100,000 shares of the stock in a transaction on Monday, March 16th. The stock was sold at an average price of $28.94, for a total transaction of $2,894,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Charles E. Haldeman purchased 10,000 shares of the business’s stock in a transaction dated Monday, March 16th. The shares were purchased at an average price of $29.59 per share, with a total value of $295,900.00. Following the purchase, the director now directly owns 75,000 shares in the company, valued at approximately $2,219,250. The disclosure for this purchase can be found here. 8.25% of the stock is owned by corporate insiders.

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.

Featured Story: Initial Public Offering (IPO)

Want to see what other hedge funds are holding JBGS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JBG SMITH Properties (NYSE:JBGS).

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

Receive News & Ratings for JBG SMITH Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JBG SMITH Properties and related companies with MarketBeat.com's FREE daily email newsletter.