Dimensional Fund Advisors LP Sells 197,471 Shares of JBG SMITH Properties (NYSE:JBGS)

Dimensional Fund Advisors LP decreased its position in JBG SMITH Properties (NYSE:JBGSFree Report) by 13.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,323,015 shares of the company’s stock after selling 197,471 shares during the quarter. Dimensional Fund Advisors LP owned about 1.38% of JBG SMITH Properties worth $22,505,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in JBGS. Sequoia Financial Advisors LLC bought a new stake in shares of JBG SMITH Properties in the 4th quarter valued at approximately $171,000. Van ECK Associates Corp boosted its position in JBG SMITH Properties by 9.4% during the third quarter. Van ECK Associates Corp now owns 13,736 shares of the company’s stock worth $199,000 after purchasing an additional 1,184 shares during the period. Landscape Capital Management L.L.C. bought a new stake in JBG SMITH Properties during the third quarter worth approximately $259,000. Caxton Associates LP boosted its position in JBG SMITH Properties by 76.0% during the third quarter. Caxton Associates LP now owns 19,463 shares of the company’s stock worth $281,000 after purchasing an additional 8,405 shares during the period. Finally, abrdn plc boosted its position in JBG SMITH Properties by 6.2% during the third quarter. abrdn plc now owns 22,618 shares of the company’s stock worth $327,000 after purchasing an additional 1,313 shares during the period. Institutional investors own 98.46% of the company’s stock.

Analysts Set New Price Targets

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

Get Our Latest Analysis on JBGS

JBG SMITH Properties Stock Down 0.2 %

Shares of JBGS stock opened at $14.38 on Tuesday. JBG SMITH Properties has a 12 month low of $12.63 and a 12 month high of $18.17. The firm has a market cap of $1.32 billion, a PE ratio of -10.34 and a beta of 1.07. The stock has a 50 day moving average of $14.93 and a 200-day moving average of $15.83. The company has a quick ratio of 3.60, a current ratio of 3.60 and a debt-to-equity ratio of 1.17.

JBG SMITH Properties Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 24th. Stockholders of record on Friday, May 10th were issued a dividend of $0.175 per share. The ex-dividend date of this dividend was Thursday, May 9th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 4.87%. JBG SMITH Properties’s dividend payout ratio (DPR) is presently -50.36%.

JBG SMITH Properties Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for JBG SMITH Properties (NYSE:JBGS)

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