New Age Alpha Advisors LLC Purchases Shares of 68,363 JBG SMITH Properties (NYSE:JBGS)

New Age Alpha Advisors LLC acquired a new position in JBG SMITH Properties (NYSE:JBGS) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 68,363 shares of the company’s stock, valued at approximately $1,051,000. New Age Alpha Advisors LLC owned approximately 0.08% of JBG SMITH Properties at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Carmel Capital Partners LLC grew its holdings in JBG SMITH Properties by 3.2% in the fourth quarter. Carmel Capital Partners LLC now owns 27,030 shares of the company’s stock worth $415,000 after purchasing an additional 830 shares during the period. Meixler Investment Management Ltd. increased its position in JBG SMITH Properties by 6.2% in the 4th quarter. Meixler Investment Management Ltd. now owns 31,458 shares of the company’s stock valued at $484,000 after buying an additional 1,850 shares in the last quarter. Principal Financial Group Inc. raised its stake in JBG SMITH Properties by 0.5% during the 4th quarter. Principal Financial Group Inc. now owns 409,520 shares of the company’s stock worth $6,294,000 after buying an additional 1,892 shares during the period. KBC Group NV raised its stake in JBG SMITH Properties by 64.9% during the 4th quarter. KBC Group NV now owns 5,677 shares of the company’s stock worth $87,000 after buying an additional 2,234 shares during the period. Finally, Inspire Investing LLC grew its stake in JBG SMITH Properties by 12.0% in the fourth quarter. Inspire Investing LLC now owns 26,223 shares of the company’s stock valued at $403,000 after acquiring an additional 2,818 shares during the period. 98.46% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, BMO Capital Markets lowered JBG SMITH Properties from a “market perform” rating to an “underperform” rating and lowered their target price for the stock from $18.00 to $15.00 in a research report on Tuesday, December 3rd.

JBG SMITH Properties Stock Up 1.4 %

Shares of NYSE JBGS opened at $16.15 on Tuesday. The company has a debt-to-equity ratio of 1.42, a current ratio of 3.73 and a quick ratio of 3.87. JBG SMITH Properties has a 1 year low of $13.65 and a 1 year high of $18.86. The stock has a market capitalization of $1.32 billion, a P/E ratio of -9.67 and a beta of 1.12. The company has a 50-day moving average price of $15.23 and a 200-day moving average price of $16.16.

JBG SMITH Properties (NYSE:JBGS) last issued its quarterly earnings data on Tuesday, February 18th. The company reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of ($0.38) by $0.52. JBG SMITH Properties had a negative return on equity of 7.26% and a negative net margin of 26.22%. The firm had revenue of $108.43 million during the quarter, compared to analyst estimates of $116.31 million.

About JBG SMITH Properties

JBG SMITH Properties is a real estate investment trust, which engages in owning, operating, investing in, and developing a portfolio of mixed-use properties. It operates through the following segments: Multifamily, Commercial, and Other. The Multifamily segment refers to the commercial buildings with public areas, retail spaces, and walkable streets.