JBG SMITH Properties (NYSE:JBGS) Given Average Recommendation of “Hold” by Brokerages

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JBG SMITH Properties (NYSE:JBGS) has received a consensus broker rating score of 3.00 (Hold) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a hold rating.

Analysts have set a 1 year consensus price objective of $42.00 for the company and are anticipating that the company will post $0.28 earnings per share for the current quarter, according to Zacks. Zacks has also given JBG SMITH Properties an industry rank of 99 out of 256 based on the ratings given to related companies.

Separately, Zacks Investment Research upgraded shares of JBG SMITH Properties from a “sell” rating to a “hold” rating in a report on Wednesday, May 1st.

JBG SMITH Properties stock opened at $40.00 on Friday. The firm has a market capitalization of $5.36 billion, a PE ratio of 23.12 and a beta of 0.68. JBG SMITH Properties has a twelve month low of $33.30 and a twelve month high of $43.21. The company has a debt-to-equity ratio of 0.71, a current ratio of 4.57 and a quick ratio of 4.57. The firm has a 50 day moving average of $40.18.

Hedge funds have recently made changes to their positions in the company. Quadrant Capital Group LLC lifted its position in shares of JBG SMITH Properties by 3,276.2% in the first quarter. Quadrant Capital Group LLC now owns 709 shares of the company’s stock worth $28,000 after purchasing an additional 688 shares in the last quarter. Legacy Bridge LLC bought a new stake in shares of JBG SMITH Properties in the first quarter worth $31,000. Marshall Wace North America L.P. bought a new stake in shares of JBG SMITH Properties in the first quarter worth $41,000. NumerixS Investment Technologies Inc bought a new stake in shares of JBG SMITH Properties in the fourth quarter worth $151,000. Finally, World Asset Management Inc bought a new stake in shares of JBG SMITH Properties in the first quarter worth $211,000. 75.92% of the stock is currently owned by institutional investors and hedge funds.

About JBG SMITH Properties

JBG SMITH Properties, a real estate investment trust (REIT), owns, operates, invests in, and develops real estate assets in Washington, the United States. It operates in three segments: commercial, multifamily, and third-party asset management and real estate services. The company owns and operates a portfolio of commercial, multifamily, and retail assets, as well as provides fee-based real estate services.

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