UBS Group AG Boosts Holdings in JBG SMITH Properties (NYSE:JBGS)

UBS Group AG increased its holdings in shares of JBG SMITH Properties (NYSE:JBGS – Get Rating) by 17.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 141,839 shares of the company’s stock after buying an additional 21,198 shares during the period. UBS Group AG owned about 0.12% of JBG SMITH Properties worth $2,635,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. US Bancorp DE grew its stake in shares of JBG SMITH Properties by 76.1% in the third quarter. US Bancorp DE now owns 1,689 shares of the company’s stock worth $31,000 after acquiring an additional 730 shares in the last quarter. Eagle Bay Advisors LLC acquired a new position in JBG SMITH Properties during the 2nd quarter worth $41,000. Lazard Asset Management LLC grew its stake in JBG SMITH Properties by 886.9% during the 2nd quarter. Lazard Asset Management LLC now owns 2,793 shares of the company’s stock worth $66,000 after purchasing an additional 2,510 shares in the last quarter. Captrust Financial Advisors purchased a new stake in JBG SMITH Properties during the 2nd quarter worth about $133,000. Finally, Point72 Hong Kong Ltd acquired a new stake in JBG SMITH Properties in the 1st quarter valued at about $190,000. 85.00% of the stock is owned by hedge funds and other institutional investors.

JBG SMITH Properties Stock Performance

Shares of JBGS opened at $16.06 on Monday. The stock has a 50-day simple moving average of $19.07 and a 200-day simple moving average of $19.74. The company has a debt-to-equity ratio of 0.90, a quick ratio of 3.63 and a current ratio of 3.63. JBG SMITH Properties has a 1 year low of $15.35 and a 1 year high of $30.10. The stock has a market capitalization of $1.83 billion, a PE ratio of 23.62 and a beta of 0.98.

JBG SMITH Properties Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, January 12th. Shareholders of record on Thursday, December 29th were issued a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a yield of 5.60%. The ex-dividend date of this dividend was Wednesday, December 28th. JBG SMITH Properties’s dividend payout ratio (DPR) is presently 132.35%.

Insider Buying and Selling at JBG SMITH Properties

In other news, CFO Madhumita Moina Banerjee sold 41,751 shares of JBG SMITH Properties stock in a transaction on Thursday, February 23rd. The shares were sold at an average price of $18.14, for a total transaction of $757,363.14. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 6.08% of the company’s stock.

JBG SMITH Properties Profile

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JBG SMITH Properties is a real estate investment trust, which engages in owning, operating, investing in, and developing a portfolio of mixed-use properties. Its strategy is to invest in assets within metro-served submarkets in the Washington, DC metropolitan area with high barriers to entry and vibrant urban amenities.