Michael J. Glosserman Sells 20,000 Shares of JBG SMITH Properties (JBGS) Stock

JBG SMITH Properties (NYSE:JBGS) Director Michael J. Glosserman sold 20,000 shares of the stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $40.58, for a total value of $811,600.00. The sale was disclosed in a document filed with the SEC, which is available through this link.

Shares of JBGS stock opened at $41.04 on Friday. The firm has a market capitalization of $5.01 billion, a price-to-earnings ratio of 23.47 and a beta of 0.73. JBG SMITH Properties has a fifty-two week low of $31.55 and a fifty-two week high of $41.37. The company has a debt-to-equity ratio of 0.71, a quick ratio of 4.50 and a current ratio of 4.50.

JBGS has been the topic of a number of analyst reports. Zacks Investment Research downgraded JBG SMITH Properties from a “hold” rating to a “sell” rating in a research report on Saturday, November 17th. ValuEngine raised JBG SMITH Properties from a “hold” rating to a “buy” rating in a report on Tuesday, November 20th.



Several hedge funds have recently modified their holdings of the business. Vanguard Group Inc. boosted its holdings in shares of JBG SMITH Properties by 2.1% in the 3rd quarter. Vanguard Group Inc. now owns 15,788,085 shares of the company’s stock valued at $581,475,000 after purchasing an additional 326,743 shares in the last quarter. Vanguard Group Inc boosted its holdings in shares of JBG SMITH Properties by 2.1% in the 3rd quarter. Vanguard Group Inc now owns 15,788,085 shares of the company’s stock valued at $581,475,000 after purchasing an additional 326,743 shares in the last quarter. BlackRock Inc. boosted its holdings in shares of JBG SMITH Properties by 3.1% in the 4th quarter. BlackRock Inc. now owns 12,999,208 shares of the company’s stock valued at $452,502,000 after purchasing an additional 389,492 shares in the last quarter. Norges Bank acquired a new stake in shares of JBG SMITH Properties in the 4th quarter valued at $255,294,000. Finally, JPMorgan Chase & Co. boosted its holdings in shares of JBG SMITH Properties by 2.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,382,532 shares of the company’s stock valued at $161,409,000 after purchasing an additional 93,434 shares in the last quarter. 84.02% of the stock is currently owned by hedge funds and other institutional investors.

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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. The company's assets consist of office, multifamily, and retail properties. As of December 31, 2017, its operating portfolio consisted of 69 operating assets comprising 51 office assets, 14 multifamily assets, and 4 other assets.

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