JBG SMITH Properties (NYSE:JBGS) Reaches New 52-Week Low – Time to Sell?

Shares of JBG SMITH Properties (NYSE:JBGS) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $11.05 and last traded at $11.0090, with a volume of 136340 shares trading hands. The stock had previously closed at $12.16.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on JBGS shares. BMO Capital Markets restated an “underperform” rating on shares of JBG SMITH Properties in a research note on Tuesday, August 4th. Capital One Financial set a $13.00 target price on shares of JBG SMITH Properties in a report on Tuesday, August 4th. Wall Street Zen raised shares of JBG SMITH Properties from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of JBG SMITH Properties in a research report on Monday, June 8th. Three analysts have rated the stock with a Sell rating, According to MarketBeat, JBG SMITH Properties has a consensus rating of “Strong Sell” and an average price target of $16.67.

JBG SMITH Properties Price Performance

The company has a current ratio of 4.53, a quick ratio of 4.53 and a debt-to-equity ratio of 2.22. The stock has a market cap of $662.25 million, a price-to-earnings ratio of -4.36 and a beta of 1.07. The stock has a 50-day moving average price of $14.28 and a two-hundred day moving average price of $14.93.

JBG SMITH Properties (NYSE:JBGS) last announced its earnings results on Monday, August 10th. The company reported ($1.03) earnings per share (EPS) for the quarter. The business had revenue of $129.38 million for the quarter. JBG SMITH Properties had a negative net margin of 29.89% and a negative return on equity of 13.07%.

JBG SMITH Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 27th. Investors of record on Thursday, August 13th will be given a $0.175 dividend. This represents a $0.70 annualized dividend and a dividend yield of 6.2%. The ex-dividend date of this dividend is Thursday, August 13th. JBG SMITH Properties’s dividend payout ratio (DPR) is presently -26.82%.

Insider Activity at JBG SMITH Properties

In related news, insider Steven A. Museles sold 20,010 shares of JBG SMITH Properties stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $15.01, for a total value of $300,350.10. Following the completion of the sale, the insider directly owned 12,032 shares in the company, valued at $180,600.32. This trade represents a 62.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 11.90% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. BlackRock Inc. acquired a new stake in shares of JBG SMITH Properties during the second quarter worth $164,185,000. Deutsche Bank AG purchased a new position in JBG SMITH Properties in the 2nd quarter worth $1,178,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in JBG SMITH Properties in the 2nd quarter worth $751,000. Bank of New York Mellon Corp purchased a new stake in JBG SMITH Properties during the 2nd quarter valued at about $6,687,000. Finally, State of Wyoming purchased a new position in shares of JBG SMITH Properties in the second quarter worth about $72,000. Hedge funds and other institutional investors own 98.46% of the company’s stock.

About JBG SMITH Properties

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.