Quantinno Capital Management LP Has $1.12 Million Holdings in JBG SMITH Properties (NYSE:JBGS)

Quantinno Capital Management LP increased its stake in JBG SMITH Properties (NYSE:JBGS) by 3.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 73,010 shares of the company’s stock after buying an additional 2,187 shares during the quarter. Quantinno Capital Management LP owned approximately 0.09% of JBG SMITH Properties worth $1,122,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Thompson Siegel & Walmsley LLC boosted its holdings in shares of JBG SMITH Properties by 7.8% in the 4th quarter. Thompson Siegel & Walmsley LLC now owns 2,299,260 shares of the company’s stock valued at $35,340,000 after buying an additional 167,191 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of JBG SMITH Properties by 2.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,220,008 shares of the company’s stock valued at $34,122,000 after buying an additional 45,514 shares during the last quarter. Northern Trust Corp lifted its holdings in JBG SMITH Properties by 75.8% during the 4th quarter. Northern Trust Corp now owns 1,631,630 shares of the company’s stock valued at $25,078,000 after purchasing an additional 703,538 shares during the last quarter. Natixis lifted its holdings in JBG SMITH Properties by 0.9% during the 4th quarter. Natixis now owns 1,008,840 shares of the company’s stock valued at $15,506,000 after purchasing an additional 8,840 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in JBG SMITH Properties by 12.6% during the 4th quarter. JPMorgan Chase & Co. now owns 741,071 shares of the company’s stock valued at $11,390,000 after purchasing an additional 82,779 shares during the last quarter. Institutional investors and hedge funds own 98.46% of the company’s stock.

JBG SMITH Properties Trading Up 0.5%

Shares of JBG SMITH Properties stock opened at $16.46 on Friday. The business has a fifty day simple moving average of $15.44 and a two-hundred day simple moving average of $15.50. JBG SMITH Properties has a 1 year low of $13.28 and a 1 year high of $18.86. The company has a market capitalization of $1.20 billion, a price-to-earnings ratio of -9.86 and a beta of 1.14. The company has a debt-to-equity ratio of 1.42, a current ratio of 3.73 and a quick ratio of 3.87.

JBG SMITH Properties (NYSE:JBGS) last announced its quarterly earnings results on Tuesday, April 29th. The company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.42) by $0.51. JBG SMITH Properties had a negative return on equity of 7.26% and a negative net margin of 26.22%. The business had revenue of $120.69 million during the quarter, compared to the consensus estimate of $124.35 million.

JBG SMITH Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 22nd. Shareholders of record on Thursday, May 8th were given a dividend of $0.175 per share. This represents a $0.70 annualized dividend and a yield of 4.25%. The ex-dividend date was Thursday, May 8th. JBG SMITH Properties’s payout ratio is -37.43%.

Wall Street Analysts Forecast Growth

Separately, Evercore ISI raised their price target on JBG SMITH Properties from $16.00 to $17.00 and gave the company an “underperform” rating in a report on Monday.

JBG SMITH Properties Company Profile

JBG SMITH Properties is a real estate investment trust, which engages in owning, operating, investing in, and developing a portfolio of mixed-use properties. It operates through the following segments: Multifamily, Commercial, and Other. The Multifamily segment refers to the commercial buildings with public areas, retail spaces, and walkable streets.