Asset Management One Co. Ltd. Grows Stake in JBG SMITH Properties (NYSE:JBGS)

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Asset Management One Co. Ltd. increased its stake in JBG SMITH Properties (NYSE:JBGS) by 9.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 229,943 shares of the company’s stock after acquiring an additional 19,063 shares during the period. Asset Management One Co. Ltd. owned approximately 0.17% of JBG SMITH Properties worth $9,046,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. 6 Meridian grew its stake in JBG SMITH Properties by 2.0% in the 2nd quarter. 6 Meridian now owns 12,974 shares of the company’s stock valued at $510,000 after buying an additional 256 shares during the last quarter. Bank of Montreal Can lifted its position in shares of JBG SMITH Properties by 4.0% in the first quarter. Bank of Montreal Can now owns 7,010 shares of the company’s stock worth $289,000 after purchasing an additional 269 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in shares of JBG SMITH Properties by 1.8% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 19,438 shares of the company’s stock worth $804,000 after purchasing an additional 342 shares in the last quarter. Metropolitan Life Insurance Co NY lifted its position in shares of JBG SMITH Properties by 1.0% in the first quarter. Metropolitan Life Insurance Co NY now owns 37,206 shares of the company’s stock worth $1,538,000 after purchasing an additional 380 shares in the last quarter. Finally, World Asset Management Inc raised its position in JBG SMITH Properties by 10.1% during the second quarter. World Asset Management Inc now owns 5,628 shares of the company’s stock worth $221,000 after acquiring an additional 518 shares in the last quarter. Institutional investors and hedge funds own 86.18% of the company’s stock.

Several equities analysts have commented on the stock. ValuEngine downgraded shares of JBG SMITH Properties from a “buy” rating to a “hold” rating in a report on Thursday, September 5th. Bank of America began coverage on shares of JBG SMITH Properties in a research report on Thursday, August 15th. They set a “neutral” rating and a $42.00 price objective for the company. Finally, Zacks Investment Research cut shares of JBG SMITH Properties from a “strong-buy” rating to a “hold” rating in a report on Wednesday.

NYSE JBGS traded up $0.36 during trading hours on Friday, reaching $39.20. The company’s stock had a trading volume of 284,164 shares, compared to its average volume of 549,495. The firm has a fifty day simple moving average of $38.94 and a 200-day simple moving average of $40.05. The stock has a market cap of $5.22 billion, a P/E ratio of 22.66, a P/E/G ratio of 6.30 and a beta of 0.69. JBG SMITH Properties has a 52 week low of $33.30 and a 52 week high of $43.21. The company has a debt-to-equity ratio of 0.48, a current ratio of 3.65 and a quick ratio of 3.65.

JBG SMITH Properties (NYSE:JBGS) last released its earnings results on Tuesday, August 6th. The company reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.28 by $0.13. The business had revenue of $122.33 million during the quarter, compared to the consensus estimate of $119.77 million. JBG SMITH Properties had a net margin of 7.12% and a return on equity of 1.45%. The company’s revenue for the quarter was down 3.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.45 EPS. On average, research analysts expect that JBG SMITH Properties will post 1.57 earnings per share for the current year.

JBG SMITH Properties Company Profile

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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Institutional Ownership by Quarter for JBG SMITH Properties (NYSE:JBGS)

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