JBG SMITH Properties (NYSE:JBGS) Director Alan S. Forman Acquires 5,000 Shares

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.

The business also recently announced a quarterly dividend, which will be paid on Friday, May 27th. Shareholders of record on Friday, May 13th will be given a $0.225 dividend. The ex-dividend date is Thursday, May 12th. This represents a $0.90 dividend on an annualized basis and a yield of 3.71%. JBG SMITH Properties’s dividend payout ratio is currently -187.50%.

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.

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