JBG SMITH Properties (NYSE:JBGS) Shares Sold by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC lowered its position in JBG SMITH Properties (NYSE:JBGS) by 7.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,243 shares of the company’s stock after selling 1,254 shares during the period. Mutual of America Capital Management LLC’s holdings in JBG SMITH Properties were worth $259,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Sequoia Financial Advisors LLC purchased a new stake in JBG SMITH Properties in the 4th quarter valued at approximately $171,000. SG Americas Securities LLC lifted its stake in JBG SMITH Properties by 5.9% in the 4th quarter. SG Americas Securities LLC now owns 63,791 shares of the company’s stock valued at $1,085,000 after buying an additional 3,557 shares in the last quarter. Public Employees Retirement System of Ohio lifted its stake in JBG SMITH Properties by 5.0% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 137,741 shares of the company’s stock valued at $1,992,000 after buying an additional 6,540 shares in the last quarter. Wellington Management Group LLP purchased a new stake in JBG SMITH Properties in the 3rd quarter valued at approximately $16,385,000. Finally, Caxton Associates LP lifted its stake in JBG SMITH Properties by 76.0% in the 3rd quarter. Caxton Associates LP now owns 19,463 shares of the company’s stock valued at $281,000 after buying an additional 8,405 shares in the last quarter. Hedge funds and other institutional investors own 98.46% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Evercore ISI reduced their target price on JBG SMITH Properties from $16.00 to $14.50 and set an “underperform” rating on the stock in a research note on Wednesday, April 10th.

JBG SMITH Properties Trading Up 1.7 %

Shares of JBG SMITH Properties stock opened at $15.15 on Wednesday. JBG SMITH Properties has a fifty-two week low of $12.63 and a fifty-two week high of $18.17. The firm has a market cap of $1.39 billion, a PE ratio of -18.04 and a beta of 1.07. The business’s fifty day moving average is $16.14 and its two-hundred day moving average is $15.64. The company has a quick ratio of 3.33, a current ratio of 3.33 and a debt-to-equity ratio of 1.14.

JBG SMITH Properties Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, March 1st were paid a dividend of $0.175 per share. This represents a $0.70 dividend on an annualized basis and a dividend yield of 4.62%. The ex-dividend date was Thursday, February 29th. JBG SMITH Properties’s dividend payout ratio is presently -83.33%.

JBG SMITH Properties Company 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.