Victory Capital Management Inc. Has $1.47 Million Holdings in JBG SMITH Properties (NYSE:JBGS)

Victory Capital Management Inc. boosted its stake in shares of JBG SMITH Properties (NYSE:JBGS) by 25.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 95,472 shares of the company’s stock after buying an additional 19,301 shares during the quarter. Victory Capital Management Inc.’s holdings in JBG SMITH Properties were worth $1,467,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. 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 valued at $87,000 after purchasing an additional 2,234 shares during the last quarter. Wolverine Trading LLC acquired a new position in JBG SMITH Properties during the 3rd quarter valued at $239,000. Verition Fund Management LLC acquired a new position in JBG SMITH Properties during the 3rd quarter valued at $268,000. Empowered Funds LLC acquired a new position in JBG SMITH Properties during the 4th quarter valued at $239,000. Finally, FMR LLC raised its stake in JBG SMITH Properties by 158.5% during the 3rd 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 last quarter. 98.46% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets cut shares of JBG SMITH Properties from a “market perform” rating to an “underperform” rating and dropped their price objective for the company from $18.00 to $15.00 in a research note on Tuesday, December 3rd.

JBG SMITH Properties Trading Up 2.2 %

Shares of JBGS stock opened at $15.36 on Wednesday. JBG SMITH Properties has a 52-week low of $13.65 and a 52-week high of $18.86. The stock has a market cap of $1.27 billion, a price-to-earnings ratio of -9.19 and a beta of 1.12. The company has a debt-to-equity ratio of 1.42, a quick ratio of 3.87 and a current ratio of 3.73. The firm has a fifty day moving average of $15.09 and a 200-day moving average of $16.25.

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

JBG SMITH Properties Company Profile

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.