Victory Capital Management Inc. Buys 10,203 Shares of JBG SMITH Properties (NYSE:JBGS)

Victory Capital Management Inc. lifted its stake in JBG SMITH Properties (NYSE:JBGS) by 15.5% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 76,171 shares of the company’s stock after purchasing an additional 10,203 shares during the quarter. Victory Capital Management Inc.’s holdings in JBG SMITH Properties were worth $1,331,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Thompson Siegel & Walmsley LLC raised its stake in JBG SMITH Properties by 6.4% during the 2nd quarter. Thompson Siegel & Walmsley LLC now owns 2,359,905 shares of the company’s stock worth $35,941,000 after acquiring an additional 141,802 shares during the period. Private Management Group Inc. raised its position in shares of JBG SMITH Properties by 28.8% during the 2nd quarter. Private Management Group Inc. now owns 2,026,209 shares of the company’s stock valued at $30,859,000 after purchasing an additional 452,901 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of JBG SMITH Properties by 0.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,295,686 shares of the company’s stock valued at $19,733,000 after buying an additional 9,581 shares in the last quarter. Public Sector Pension Investment Board boosted its holdings in JBG SMITH Properties by 7.1% in the 2nd quarter. Public Sector Pension Investment Board now owns 191,192 shares of the company’s stock worth $2,912,000 after buying an additional 12,690 shares during the period. Finally, CANADA LIFE ASSURANCE Co increased its stake in JBG SMITH Properties by 4.6% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 186,439 shares of the company’s stock worth $2,988,000 after buying an additional 8,235 shares in the last quarter. 98.46% of the stock is owned by hedge funds and other institutional investors.

JBG SMITH Properties Trading Up 0.3 %

Shares of JBGS opened at $16.73 on Wednesday. The firm has a market cap of $1.41 billion, a P/E ratio of -12.87 and a beta of 1.10. The company has a debt-to-equity ratio of 1.38, a current ratio of 3.87 and a quick ratio of 3.87. JBG SMITH Properties has a 1 year low of $13.03 and a 1 year high of $18.86. The company has a 50 day simple moving average of $17.28 and a two-hundred day simple moving average of $16.41.

JBG SMITH Properties (NYSE:JBGS) last issued its earnings results on Tuesday, October 29th. The company reported ($0.32) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.35) by $0.03. The firm had revenue of $136.03 million during the quarter. JBG SMITH Properties had a negative net margin of 20.60% and a negative return on equity of 5.56%.

JBG SMITH Properties Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Thursday, November 7th were issued a $0.175 dividend. The ex-dividend date was Thursday, November 7th. This represents a $0.70 annualized dividend and a dividend yield of 4.19%. JBG SMITH Properties’s dividend payout ratio (DPR) is -53.85%.

Analyst Upgrades and Downgrades

Separately, Evercore ISI boosted their price objective on JBG SMITH Properties from $16.00 to $17.00 and gave the company an “underperform” rating in a research report on Monday, September 16th.

JBG SMITH Properties Profile

JBG SMITH owns, operates, invests in, and develops mixed-use properties in high growth and high barrier-to-entry submarkets in and around Washington, DC, most notably National Landing. Through an intense focus on placemaking, JBG SMITH cultivates vibrant, amenity-rich, walkable neighborhoods throughout the Washington, DC metropolitan area.