Advantus Capital Management Inc Acquires New Position in JBG SMITH Properties (JBGS)
Advantus Capital Management Inc acquired a new position in shares of JBG SMITH Properties (NASDAQ:JBGS) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,806 shares of the company’s stock, valued at approximately $404,000.
A number of other institutional investors also recently added to or reduced their stakes in the business. APG Asset Management US Inc. acquired a new position in JBG SMITH Properties during the third quarter worth $88,423,000. Proprium Capital Partners L.P. acquired a new position in JBG SMITH Properties during the third quarter worth $37,210,000. PGGM Investments acquired a new position in JBG SMITH Properties during the third quarter worth $25,486,000. Prudential Financial Inc. acquired a new position in JBG SMITH Properties during the third quarter worth $23,722,000. Finally, Real Estate Management Services LLC acquired a new position in JBG SMITH Properties during the third quarter worth $16,770,000.
JBG SMITH Properties (NASDAQ JBGS) opened at $32.66 on Monday. JBG SMITH Properties has a 12 month low of $30.01 and a 12 month high of $37.75.
The business also recently disclosed a special dividend, which will be paid on Thursday, November 30th. Shareholders of record on Monday, November 20th will be paid a dividend of $0.225 per share. The ex-dividend date of this dividend is Friday, November 17th.
In other JBG SMITH Properties news, insider Steven A. Museles bought 1,000 shares of the firm’s stock in a transaction dated Wednesday, August 16th. The shares were bought at an average price of $34.05 per share, for a total transaction of $34,050.00. Following the completion of the acquisition, the insider now owns 1,000 shares of the company’s stock, valued at $34,050. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink.
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About JBG SMITH Properties
JBG SMITH Properties is a real estate company. The Company is focused on the Washington, DC metropolitan area. Its assets consist of office, multifamily and retail properties. It operates through three segments: offices, multifamily and other. The Company’s assets are located primarily within submarkets in the District of Columbia and in the infill, Metro-served submarkets outside of Washington, DC.
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