Commonwealth of Pennsylvania Public School Empls Retrmt SYS Purchases 11,376 Shares of JBG SMITH Properties (NYSE:JBGS)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in JBG SMITH Properties (NYSE:JBGS) by 34.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 44,367 shares of the company’s stock after purchasing an additional 11,376 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in JBG SMITH Properties were worth $682,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of JBGS. Carmel Capital Partners LLC boosted its stake in JBG SMITH Properties by 3.2% in the fourth quarter. Carmel Capital Partners LLC now owns 27,030 shares of the company’s stock worth $415,000 after buying an additional 830 shares in the last quarter. Meixler Investment Management Ltd. lifted its holdings in shares of JBG SMITH Properties by 6.2% in the 4th quarter. Meixler Investment Management Ltd. now owns 31,458 shares of the company’s stock worth $484,000 after acquiring an additional 1,850 shares during the last quarter. Principal Financial Group Inc. boosted its stake in shares of JBG SMITH Properties by 0.5% in the 4th quarter. Principal Financial Group Inc. now owns 409,520 shares of the company’s stock valued at $6,294,000 after purchasing an additional 1,892 shares in the last quarter. Daiwa Securities Group Inc. grew its holdings in shares of JBG SMITH Properties by 7.6% during the 3rd quarter. Daiwa Securities Group Inc. now owns 28,791 shares of the company’s stock valued at $503,000 after purchasing an additional 2,023 shares during the last quarter. Finally, KBC Group NV raised its position in JBG SMITH Properties by 64.9% in the 4th quarter. KBC Group NV now owns 5,677 shares of the company’s stock worth $87,000 after purchasing an additional 2,234 shares during the period. 98.46% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets cut JBG SMITH Properties from a “market perform” rating to an “underperform” rating and reduced their price objective for the company from $18.00 to $15.00 in a research note on Tuesday, December 3rd.

JBG SMITH Properties Stock Performance

Shares of JBGS stock opened at $15.85 on Thursday. The company has a quick ratio of 3.87, a current ratio of 3.73 and a debt-to-equity ratio of 1.42. The stock has a fifty day moving average of $15.19 and a 200 day moving average of $16.19. The firm has a market capitalization of $1.30 billion, a price-to-earnings ratio of -9.49 and a beta of 1.12. JBG SMITH Properties has a 52 week low of $13.65 and a 52 week high of $18.86.

JBG SMITH Properties (NYSE:JBGS) last released its earnings results on Tuesday, February 18th. The company reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of ($0.38) by $0.52. The company had revenue of $108.43 million during the quarter, compared to analysts’ expectations of $116.31 million. JBG SMITH Properties had a negative return on equity of 7.26% and a negative net margin of 26.22%.

JBG SMITH Properties 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.