Mutual of America Capital Management LLC Has $227,000 Stake in JBG SMITH Properties (NYSE:JBGS)

Mutual of America Capital Management LLC trimmed its holdings in shares of JBG SMITH Properties (NYSE:JBGS) by 5.3% in the third quarter, HoldingsChannel reports. The institutional investor owned 13,012 shares of the company’s stock after selling 735 shares during the quarter. Mutual of America Capital Management LLC’s holdings in JBG SMITH Properties were worth $227,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Blue Trust Inc. boosted its holdings in JBG SMITH Properties by 706.3% during the third quarter. Blue Trust Inc. now owns 1,911 shares of the company’s stock worth $33,000 after buying an additional 1,674 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of JBG SMITH Properties by 30.0% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,262 shares of the company’s stock valued at $57,000 after acquiring an additional 753 shares during the last quarter. Bfsg LLC raised its position in shares of JBG SMITH Properties by 9.5% in the 2nd quarter. Bfsg LLC now owns 12,655 shares of the company’s stock valued at $193,000 after acquiring an additional 1,102 shares during the period. Van ECK Associates Corp boosted its stake in JBG SMITH Properties by 4.7% during the 3rd quarter. Van ECK Associates Corp now owns 15,588 shares of the company’s stock worth $282,000 after acquiring an additional 702 shares during the last quarter. Finally, Inspire Investing LLC grew its holdings in JBG SMITH Properties by 4.2% during the second quarter. Inspire Investing LLC now owns 23,241 shares of the company’s stock valued at $354,000 after purchasing an additional 937 shares during the period. 98.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Evercore ISI increased their target price 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 Performance

Shares of JBG SMITH Properties stock opened at $17.12 on Friday. The stock’s fifty day simple moving average is $17.20 and its 200 day simple moving average is $16.43. The company has a current ratio of 3.87, a quick ratio of 3.87 and a debt-to-equity ratio of 1.38. The company has a market capitalization of $1.45 billion, a PE ratio of -13.17 and a beta of 1.10. JBG SMITH Properties has a 12 month low of $13.61 and a 12 month high of $18.86.

JBG SMITH Properties (NYSE:JBGS) last released its quarterly earnings results on Tuesday, October 29th. The company reported ($0.32) EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter.

JBG SMITH Properties Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 7th were issued a dividend of $0.175 per share. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.70 annualized dividend and a yield of 4.09%. JBG SMITH Properties’s dividend payout ratio (DPR) 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.