JBG SMITH Properties (NYSE:JBGS) Shares Acquired by Victory Capital Management Inc.

Victory Capital Management Inc. grew its holdings in JBG SMITH Properties (NYSE:JBGS) by 26.0% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 65,968 shares of the company’s stock after buying an additional 13,613 shares during the period. Victory Capital Management Inc. owned 0.08% of JBG SMITH Properties worth $1,005,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Brown Brothers Harriman & Co. grew its position in JBG SMITH Properties by 127.2% in the 4th quarter. Brown Brothers Harriman & Co. now owns 1,786 shares of the company’s stock valued at $30,000 after buying an additional 1,000 shares during the last quarter. Bfsg LLC boosted its position in shares of JBG SMITH Properties by 9.5% during the 2nd quarter. Bfsg LLC now owns 12,655 shares of the company’s stock worth $193,000 after purchasing an additional 1,102 shares in the last quarter. Carmel Capital Partners LLC boosted its position in shares of JBG SMITH Properties by 7.6% during the 1st quarter. Carmel Capital Partners LLC now owns 23,043 shares of the company’s stock worth $370,000 after purchasing an additional 1,618 shares in the last quarter. Daiwa Securities Group Inc. grew its stake in shares of JBG SMITH Properties by 6.8% during the 1st quarter. Daiwa Securities Group Inc. now owns 28,323 shares of the company’s stock worth $455,000 after purchasing an additional 1,815 shares during the period. Finally, Price T Rowe Associates Inc. MD increased its holdings in shares of JBG SMITH Properties by 2.5% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 74,311 shares of the company’s stock valued at $1,193,000 after purchasing an additional 1,824 shares in the last quarter. Institutional investors and hedge funds own 98.46% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Evercore ISI boosted their price objective on shares of JBG SMITH Properties from $16.00 to $17.00 and gave the stock an “underperform” rating in a report on Monday, September 16th.

JBG SMITH Properties Stock Down 1.2 %

JBGS opened at $18.05 on Friday. JBG SMITH Properties has a one year low of $12.63 and a one year high of $18.86. The company has a market cap of $1.60 billion, a price-to-earnings ratio of -12.99 and a beta of 1.10. The business’s fifty day moving average is $17.08 and its two-hundred day moving average is $15.91. The company has a debt-to-equity ratio of 1.29, a quick ratio of 3.88 and a current ratio of 3.88.

JBG SMITH Properties (NYSE:JBGS) last announced its quarterly earnings results on Tuesday, July 30th. The company reported ($0.27) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.41) by $0.14. The company had revenue of $135.32 million for the quarter. JBG SMITH Properties had a negative net margin of 25.40% and a negative return on equity of 6.64%.

JBG SMITH Properties Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 21st. Shareholders of record on Wednesday, August 7th were issued a dividend of $0.175 per share. This represents a $0.70 dividend on an annualized basis and a yield of 3.88%. The ex-dividend date of this dividend was Wednesday, August 7th. JBG SMITH Properties’s dividend payout ratio (DPR) is presently -50.36%.

About JBG SMITH Properties

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.