UBS Group AG Has $6.05 Million Stock Holdings in JBG SMITH Properties $JBGS

UBS Group AG decreased its position in JBG SMITH Properties (NYSE:JBGS) by 51.2% during the 4th quarter, Holdings Channel reports. The firm owned 355,396 shares of the company’s stock after selling 372,772 shares during the quarter. UBS Group AG’s holdings in JBG SMITH Properties were worth $6,045,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in JBGS. CWM LLC lifted its holdings in JBG SMITH Properties by 65.1% during the 3rd quarter. CWM LLC now owns 1,294 shares of the company’s stock valued at $29,000 after purchasing an additional 510 shares during the last quarter. Smartleaf Asset Management LLC grew its stake in JBG SMITH Properties by 78.4% during the third quarter. Smartleaf Asset Management LLC now owns 1,479 shares of the company’s stock worth $32,000 after buying an additional 650 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its holdings in shares of JBG SMITH Properties by 151.8% during the third quarter. Caitong International Asset Management Co. Ltd now owns 1,637 shares of the company’s stock worth $36,000 after buying an additional 987 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of JBG SMITH Properties by 113.6% during the second quarter. EverSource Wealth Advisors LLC now owns 3,273 shares of the company’s stock worth $57,000 after buying an additional 1,741 shares in the last quarter. Finally, US Bancorp DE raised its stake in shares of JBG SMITH Properties by 26.3% in the third quarter. US Bancorp DE now owns 5,030 shares of the company’s stock valued at $112,000 after acquiring an additional 1,048 shares during the last quarter. Institutional investors and hedge funds own 98.46% of the company’s stock.

JBG SMITH Properties Trading Up 0.0%

JBGS stock opened at $14.21 on Thursday. The company has a market cap of $827.58 million, a P/E ratio of -7.60 and a beta of 1.09. JBG SMITH Properties has a twelve month low of $14.00 and a twelve month high of $24.30. The company has a quick ratio of 4.53, a current ratio of 4.53 and a debt-to-equity ratio of 2.22. The business has a fifty day moving average of $14.93 and a 200-day moving average of $16.32.

JBG SMITH Properties (NYSE:JBGS) last posted its quarterly earnings results on Tuesday, May 5th. The company reported ($0.32) earnings per share (EPS) for the quarter. The firm had revenue of $127.60 million during the quarter. JBG SMITH Properties had a negative net margin of 22.16% and a negative return on equity of 9.32%.

JBG SMITH Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 28th. Stockholders of record on Thursday, May 14th will be paid a $0.175 dividend. This represents a $0.70 annualized dividend and a dividend yield of 4.9%. The ex-dividend date of this dividend is Thursday, May 14th. JBG SMITH Properties’s dividend payout ratio (DPR) is -37.43%.

Wall Street Analyst Weigh In

JBGS has been the topic of several recent analyst reports. Weiss Ratings reissued a “sell (d)” rating on shares of JBG SMITH Properties in a report on Thursday, January 22nd. Wall Street Zen raised JBG SMITH Properties from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Two analysts have rated the stock with a Sell rating, Based on data from MarketBeat.com, JBG SMITH Properties currently has an average rating of “Sell” and an average target price of $18.50.

JBG SMITH Properties Profile

JBG SMITH Properties is a publicly traded real estate investment trust specializing in the acquisition, development and management of mixed-use properties in the Washington, DC metropolitan area. The company’s portfolio encompasses office, residential, retail, hotel and entertainment assets, with a strategic focus on high-growth urban and transit-oriented neighborhoods in the District of Columbia, Northern Virginia and suburban Maryland.

The company actively develops large-scale, mixed-use communities designed to integrate living, working and leisure spaces.