JBG SMITH Properties (NYSE:JBGS – Get Rating) Director Alan S. Forman purchased 5,000 shares of JBG SMITH Properties stock in a transaction that occurred on Tuesday, May 10th. The shares were purchased at an average price of $24.32 per share, for a total transaction of $121,600.00. Following the transaction, the director now directly owns 5,000 shares in the company, valued at approximately $121,600. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.
Shares of JBG SMITH Properties stock opened at $24.29 on Thursday. JBG SMITH Properties has a fifty-two week low of $23.54 and a fifty-two week high of $34.98. The company has a debt-to-equity ratio of 0.80, a current ratio of 3.84 and a quick ratio of 5.08. The firm has a market capitalization of $3.00 billion, a P/E ratio of -50.60, a P/E/G ratio of 2.86 and a beta of 0.86. The company’s 50 day moving average price is $27.79 and its two-hundred day moving average price is $28.24.
JBG SMITH Properties (NYSE:JBGS – Get Rating) last issued its earnings results on Tuesday, February 22nd. The company reported ($0.45) earnings per share for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.78). JBG SMITH Properties had a negative net margin of 9.28% and a negative return on equity of 1.94%. During the same quarter last year, the business posted $0.25 earnings per share. On average, analysts expect that JBG SMITH Properties will post 1.43 earnings per share for the current year.
Separately, Zacks Investment Research upgraded shares of JBG SMITH Properties from a “sell” rating to a “hold” rating in a research report on Thursday, May 5th.
A number of institutional investors have recently modified their holdings of JBGS. Lazard Asset Management LLC acquired a new stake in JBG SMITH Properties in the fourth quarter valued at approximately $32,000. Marshall Wace North America L.P. bought a new position in shares of JBG SMITH Properties during the first quarter valued at $41,000. Mitsubishi UFJ Trust & Banking Corp raised its stake in shares of JBG SMITH Properties by 191.7% during the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 2,188 shares of the company’s stock valued at $63,000 after acquiring an additional 1,438 shares during the last quarter. Advisor Group Holdings Inc. raised its stake in shares of JBG SMITH Properties by 47.3% during the third quarter. Advisor Group Holdings Inc. now owns 2,188 shares of the company’s stock valued at $65,000 after acquiring an additional 703 shares during the last quarter. Finally, Signaturefd LLC raised its stake in shares of JBG SMITH Properties by 92.0% during the fourth quarter. Signaturefd LLC now owns 2,292 shares of the company’s stock valued at $66,000 after acquiring an additional 1,098 shares during the last quarter. Hedge funds and other institutional investors own 88.83% of the company’s stock.
JBG SMITH Properties Company Profile (Get Rating)
JBG SMITH is an S&P 400 company that owns, operates, invests in and develops a dynamic portfolio of high-growth mixed-use properties in and around Washington, DC. Through an intense focus on placemaking, JBG SMITH cultivates vibrant, amenity-rich, walkable neighborhoods throughout the Capital region, including National Landing where it serves as the exclusive developer for Amazon's new headquarters.
- Get a free copy of the StockNews.com research report on JBG SMITH Properties (JBGS)
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