Crossmark Global Holdings Inc. Buys New Stake in JBG SMITH Properties (JBGS)
Crossmark Global Holdings Inc. bought a new position in shares of JBG SMITH Properties (NYSE:JBGS) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 8,792 shares of the company’s stock, valued at approximately $301,000.
A number of other large investors also recently added to or reduced their stakes in the business. Spirit of America Management Corp NY purchased a new stake in shares of JBG SMITH Properties in the 3rd quarter valued at $171,000. Simplex Trading LLC purchased a new stake in shares of JBG SMITH Properties in the 3rd quarter valued at $227,000. LS Investment Advisors LLC purchased a new stake in shares of JBG SMITH Properties in the 3rd quarter valued at $247,000. Granite Investment Advisors LLC purchased a new stake in shares of JBG SMITH Properties in the 3rd quarter valued at $335,000. Finally, First Trust Advisors LP purchased a new stake in shares of JBG SMITH Properties in the 3rd quarter valued at $937,000. 74.88% of the stock is currently owned by institutional investors.
JBG SMITH Properties (NYSE JBGS) traded up $0.01 during mid-day trading on Wednesday, hitting $33.35. 402,100 shares of the stock traded hands, compared to its average volume of 1,077,864. The company has a current ratio of 4.42, a quick ratio of 4.42 and a debt-to-equity ratio of 0.70. JBG SMITH Properties has a fifty-two week low of $30.01 and a fifty-two week high of $37.75.
The firm also recently disclosed a special dividend, which will be paid on Thursday, November 30th. Stockholders of record on Monday, November 20th will be issued a $0.225 dividend. The ex-dividend date of this dividend is Friday, November 17th.
In other JBG SMITH Properties news, Director Charles E. Haldeman acquired 20,000 shares of the company’s stock in a transaction dated Thursday, November 16th. The shares were acquired at an average cost of $32.59 per share, with a total value of $651,800.00. Following the acquisition, the director now directly owns 20,000 shares of the company’s stock, valued at $651,800. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website.
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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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