Public Employees Retirement System of Ohio Has $2.22 Million Position in JBG SMITH Properties (NYSE:JBGS)

Public Employees Retirement System of Ohio grew its position in JBG SMITH Properties (NYSE:JBGS) by 4.1% during the 3rd quarter, HoldingsChannel reports. The firm owned 126,812 shares of the company’s stock after purchasing an additional 5,043 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in JBG SMITH Properties were worth $2,217,000 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 company. Blue Trust Inc. increased its stake in JBG SMITH Properties by 706.3% during the 3rd quarter. Blue Trust Inc. now owns 1,911 shares of the company’s stock worth $33,000 after purchasing an additional 1,674 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in shares of JBG SMITH Properties by 30.0% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,262 shares of the company’s stock worth $57,000 after acquiring an additional 753 shares in the last quarter. Bfsg LLC raised its holdings in shares of JBG SMITH Properties by 9.5% during the second quarter. Bfsg LLC now owns 12,655 shares of the company’s stock worth $193,000 after acquiring an additional 1,102 shares during the period. Wolverine Trading LLC acquired a new stake in shares of JBG SMITH Properties during the third quarter worth $239,000. Finally, Verition Fund Management LLC bought a new stake in JBG SMITH Properties in the 3rd quarter valued at $268,000. 98.46% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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

JBG SMITH Properties Stock Down 0.9 %

JBG SMITH Properties stock opened at $16.47 on Wednesday. The company has a current ratio of 3.87, a quick ratio of 3.87 and a debt-to-equity ratio of 1.38. JBG SMITH Properties has a 1-year low of $13.65 and a 1-year high of $18.86. The company has a fifty day simple moving average of $16.90 and a 200 day simple moving average of $16.63. The company has a market cap of $1.39 billion, a P/E ratio of -12.67 and a beta of 1.10.

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

JBG SMITH Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 14th. Stockholders of record on Monday, December 30th will be paid a dividend of $0.175 per share. This represents a $0.70 dividend on an annualized basis and a dividend yield of 4.25%. The ex-dividend date of this dividend is Monday, December 30th. JBG SMITH Properties’s dividend payout ratio is currently -53.85%.

JBG SMITH Properties Company 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.