Nisa Investment Advisors LLC Decreases Stock Holdings in JBG SMITH Properties (NYSE:JBGS)

Nisa Investment Advisors LLC trimmed its holdings in shares of JBG SMITH Properties (NYSE:JBGS) by 7.3% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 27,983 shares of the company’s stock after selling 2,201 shares during the quarter. Nisa Investment Advisors LLC’s holdings in JBG SMITH Properties were worth $451,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Sterling Capital Management LLC grew its stake in JBG SMITH Properties by 814.6% in the 4th quarter. Sterling Capital Management LLC now owns 2,570 shares of the company’s stock valued at $40,000 after buying an additional 2,289 shares in the last quarter. Farther Finance Advisors LLC grew its stake in JBG SMITH Properties by 1,052.9% in the 1st quarter. Farther Finance Advisors LLC now owns 2,617 shares of the company’s stock worth $42,000 after buying an additional 2,390 shares in the last quarter. Versant Capital Management Inc grew its stake in JBG SMITH Properties by 113.7% in the 1st quarter. Versant Capital Management Inc now owns 3,374 shares of the company’s stock worth $54,000 after buying an additional 1,795 shares in the last quarter. State of Wyoming purchased a new position in JBG SMITH Properties in the 4th quarter worth approximately $98,000. Finally, Yoffe Investment Management LLC purchased a new position in JBG SMITH Properties in the 4th quarter worth approximately $169,000. 98.46% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Evercore ISI boosted their price target on shares of JBG SMITH Properties from $16.00 to $17.00 and gave the stock an “underperform” rating in a research note on Monday, May 19th.

JBG SMITH Properties Trading Down 0.2%

JBGS stock opened at $18.19 on Thursday. The company has a market capitalization of $1.33 billion, a PE ratio of -9.72 and a beta of 1.24. JBG SMITH Properties has a one year low of $13.28 and a one year high of $18.86. The company’s 50 day moving average price is $17.33 and its two-hundred day moving average price is $15.89. The company has a debt-to-equity ratio of 1.60, a quick ratio of 3.40 and a current ratio of 3.40.

JBG SMITH Properties (NYSE:JBGS) last posted its quarterly earnings results on Tuesday, April 29th. The company reported $0.09 EPS for the quarter, topping the consensus estimate of ($0.42) by $0.51. The firm had revenue of $120.69 million for the quarter, compared to the consensus estimate of $124.35 million. JBG SMITH Properties had a negative net margin of 30.02% and a negative return on equity of 8.59%.

JBG SMITH Properties Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 22nd. Shareholders of record on Thursday, May 8th were paid a dividend of $0.175 per share. This represents a $0.70 annualized dividend and a dividend yield of 3.85%. The ex-dividend date of this dividend was Thursday, May 8th. JBG SMITH Properties’s dividend payout ratio (DPR) is presently -37.43%.

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.