Quantinno Capital Management LP Buys 36,412 Shares of JBG SMITH Properties (NYSE:JBGS)

Quantinno Capital Management LP boosted its position in shares of JBG SMITH Properties (NYSE:JBGS) by 105.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 70,823 shares of the company’s stock after acquiring an additional 36,412 shares during the period. Quantinno Capital Management LP owned 0.08% of JBG SMITH Properties worth $1,238,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. ClearAlpha Technologies LP bought a new position in JBG SMITH Properties in the 3rd quarter worth $495,000. Paloma Partners Management Co bought a new stake in shares of JBG SMITH Properties during the third quarter valued at approximately $314,000. Verition Fund Management LLC purchased a new position in shares of JBG SMITH Properties in the third quarter valued at $268,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in JBG SMITH Properties by 430.5% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 612,799 shares of the company’s stock worth $10,712,000 after buying an additional 497,288 shares during the period. Finally, FMR LLC boosted its stake in shares of JBG SMITH Properties by 158.5% during the third quarter. FMR LLC now owns 16,404 shares of the company’s stock valued at $287,000 after purchasing an additional 10,057 shares during the period. Hedge funds and other institutional investors own 98.46% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on JBGS shares. Evercore ISI boosted their price target on JBG SMITH Properties from $16.00 to $17.00 and gave the stock an “underperform” rating in a research note on Monday, September 16th. BMO Capital Markets cut JBG SMITH Properties from a “market perform” rating to an “underperform” rating and lowered their price target for the stock from $18.00 to $15.00 in a report on Tuesday, December 3rd.

JBG SMITH Properties Stock Performance

JBG SMITH Properties stock opened at $16.25 on Friday. The company has a debt-to-equity ratio of 1.38, a current ratio of 3.87 and a quick ratio of 3.87. JBG SMITH Properties has a 12 month low of $13.65 and a 12 month high of $18.86. The company has a market cap of $1.37 billion, a price-to-earnings ratio of -12.50 and a beta of 1.10. The stock’s 50-day moving average is $16.99 and its 200-day moving average is $16.55.

JBG SMITH Properties (NYSE:JBGS) last posted its quarterly earnings data on Tuesday, October 29th. The company reported ($0.32) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.35) by $0.03. The business had revenue of $136.03 million during the quarter. JBG SMITH Properties had a negative net margin of 20.60% and a negative return on equity of 5.56%.

JBG SMITH Properties Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 7th were given a $0.175 dividend. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.70 annualized dividend and a yield of 4.31%. JBG SMITH Properties’s dividend payout ratio is -53.85%.

JBG SMITH Properties Profile

JBG SMITH owns, operates, invests in, and develops mixed-use properties in high growth and high barrier-to-entry submarkets in and around Washington, DC, most notably National Landing. Through an intense focus on placemaking, JBG SMITH cultivates vibrant, amenity-rich, walkable neighborhoods throughout the Washington, DC metropolitan area.