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

Inspire Investing LLC increased its holdings 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 institutional investor owned 26,223 shares of the company’s stock after purchasing 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 filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Dimensional Fund Advisors LP raised its holdings in shares of JBG SMITH Properties by 0.7% during the second quarter. Dimensional Fund Advisors LP now owns 1,295,686 shares of the company’s stock worth $19,733,000 after acquiring an additional 9,581 shares during the period. Public Sector Pension Investment Board raised its stake in shares of 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 valued at $2,912,000 after purchasing an additional 12,690 shares during the period. AQR Capital Management LLC lifted its holdings in shares of JBG SMITH Properties by 105.2% in the second quarter. AQR Capital Management LLC now owns 28,840 shares of the company’s stock valued at $434,000 after purchasing an additional 14,787 shares in the last quarter. Handelsbanken Fonder AB boosted its position in shares of JBG SMITH Properties by 11.3% during the third quarter. Handelsbanken Fonder AB now owns 28,500 shares of the company’s stock worth $498,000 after buying an additional 2,900 shares during the period. Finally, Blue Trust Inc. grew 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 buying an additional 1,674 shares in the last quarter. 98.46% of the stock is currently owned by institutional investors and hedge funds.

JBG SMITH Properties Stock Up 1.8 %

Shares of JBGS stock opened at $15.18 on Friday. The firm’s fifty day moving average price is $15.71 and its two-hundred day moving average price is $16.68. The company has a current ratio of 3.87, a quick ratio of 3.87 and a debt-to-equity ratio of 1.38. JBG SMITH Properties has a 1 year low of $13.65 and a 1 year high of $18.86. The firm has a market capitalization of $1.28 billion, a P/E ratio of -11.68 and a beta of 1.11.

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

JBG SMITH Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 14th. Stockholders of record on Monday, December 30th were paid a dividend of $0.175 per share. This represents a $0.70 dividend on an annualized basis and a dividend yield of 4.61%. The ex-dividend date was Monday, December 30th. JBG SMITH Properties’s dividend payout ratio is currently -53.85%.

Analyst Upgrades and Downgrades

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

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.