Invesco Ltd. Buys 335,661 Shares of JBG SMITH Properties (NYSE:JBGS)

Invesco Ltd. raised its stake in shares of JBG SMITH Properties (NYSE:JBGS) by 94.4% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 691,230 shares of the company’s stock after purchasing an additional 335,661 shares during the period. Invesco Ltd. owned 0.82% of JBG SMITH Properties worth $10,624,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Norges Bank bought a new position in shares of JBG SMITH Properties during the 4th quarter valued at approximately $3,837,000. GSI Capital Advisors LLC purchased a new stake in shares of JBG SMITH Properties in the fourth quarter worth $3,036,000. Thompson Siegel & Walmsley LLC raised its position in shares of JBG SMITH Properties by 7.8% during the 4th quarter. Thompson Siegel & Walmsley LLC now owns 2,299,260 shares of the company’s stock valued at $35,340,000 after purchasing an additional 167,191 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of JBG SMITH Properties by 12.6% during the 4th quarter. JPMorgan Chase & Co. now owns 741,071 shares of the company’s stock valued at $11,390,000 after buying an additional 82,779 shares in the last quarter. Finally, Cerity Partners LLC bought a new position in JBG SMITH Properties in the 4th quarter worth $1,240,000. Hedge funds and other institutional investors own 98.46% of the company’s stock.

JBG SMITH Properties Price Performance

NYSE:JBGS opened at $14.57 on Wednesday. The business’s 50-day simple moving average is $15.20 and its two-hundred day simple moving average is $15.83. JBG SMITH Properties has a 52 week low of $13.65 and a 52 week high of $18.86. The stock has a market cap of $1.20 billion, a PE ratio of -8.72 and a beta of 1.08. The company has a quick ratio of 3.87, a current ratio of 3.73 and a debt-to-equity ratio of 1.42.

JBG SMITH Properties (NYSE:JBGS) last posted its quarterly earnings results on Tuesday, February 18th. The company reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of ($0.38) by $0.52. JBG SMITH Properties had a negative return on equity of 7.26% and a negative net margin of 26.22%. The company had revenue of $108.43 million for the quarter, compared to analysts’ expectations of $116.31 million.

JBG SMITH Properties Profile

JBG SMITH Properties is a real estate investment trust, which engages in owning, operating, investing in, and developing a portfolio of mixed-use properties. It operates through the following segments: Multifamily, Commercial, and Other. The Multifamily segment refers to the commercial buildings with public areas, retail spaces, and walkable streets.