Inspire Investing LLC Has $403,000 Position in JBG SMITH Properties (NYSE:JBGS)

Inspire Investing LLC lifted its stake in shares of JBG SMITH Properties (NYSE:JBGS) by 12.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 26,223 shares of the company’s stock after buying an additional 2,818 shares during the quarter. Inspire Investing LLC’s holdings in JBG SMITH Properties were worth $403,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Blue Trust Inc. boosted its holdings in shares of JBG SMITH Properties by 706.3% during the third quarter. Blue Trust Inc. now owns 1,911 shares of the company’s stock worth $33,000 after acquiring an additional 1,674 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of JBG SMITH Properties by 30.0% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,262 shares of the company’s stock valued at $57,000 after acquiring an additional 753 shares during the period. Wolverine Trading LLC acquired a new position in shares of JBG SMITH Properties in the third quarter valued at about $239,000. Verition Fund Management LLC bought a new position in JBG SMITH Properties during the third quarter worth about $268,000. Finally, Van ECK Associates Corp raised its stake in JBG SMITH Properties by 4.7% in the 3rd quarter. Van ECK Associates Corp now owns 15,588 shares of the company’s stock worth $282,000 after purchasing an additional 702 shares in the last quarter. Institutional investors own 98.46% of the company’s stock.

JBG SMITH Properties Price Performance

JBGS stock opened at $15.18 on Friday. The company’s 50-day moving average price is $15.71 and its two-hundred day moving average price is $16.68. The firm has a market cap of $1.28 billion, a P/E ratio of -11.68 and a beta of 1.11. The company has a quick ratio of 3.87, a current ratio of 3.87 and a debt-to-equity ratio of 1.38. JBG SMITH Properties has a 12 month low of $13.65 and a 12 month high of $18.86.

JBG SMITH Properties (NYSE:JBGS) last announced its quarterly earnings data on Tuesday, October 29th. The company reported ($0.32) EPS for the quarter, beating the consensus estimate of ($0.35) by $0.03. The business 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 firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 14th. Investors of record on Monday, December 30th were given a dividend of $0.175 per share. The ex-dividend date of this dividend was Monday, December 30th. This represents a $0.70 annualized dividend and a dividend yield of 4.61%. JBG SMITH Properties’s dividend payout ratio is currently -53.85%.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets cut shares of JBG SMITH Properties from a “market perform” rating to an “underperform” rating and lowered their target price for the stock from $18.00 to $15.00 in a report on Tuesday, December 3rd.

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.