Van ECK Associates Corp Sells 4,333 Shares of JBG SMITH Properties (NYSE:JBGS)

Van ECK Associates Corp lessened its position in shares of JBG SMITH Properties (NYSE:JBGSGet Rating) by 41.2% in the third quarter, Holdings Channel.com reports. The firm owned 6,195 shares of the company’s stock after selling 4,333 shares during the period. Van ECK Associates Corp’s holdings in JBG SMITH Properties were worth $115,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Xponance Inc. boosted its stake in shares of JBG SMITH Properties by 3.6% during the 2nd quarter. Xponance Inc. now owns 13,117 shares of the company’s stock worth $310,000 after buying an additional 458 shares during the last quarter. Yousif Capital Management LLC lifted its stake in JBG SMITH Properties by 1.1% in the 1st quarter. Yousif Capital Management LLC now owns 61,597 shares of the company’s stock valued at $1,800,000 after purchasing an additional 655 shares during the last quarter. Worth Venture Partners LLC lifted its stake in JBG SMITH Properties by 11.3% in the 1st quarter. Worth Venture Partners LLC now owns 7,900 shares of the company’s stock valued at $231,000 after purchasing an additional 800 shares during the last quarter. Natixis Advisors L.P. lifted its stake in JBG SMITH Properties by 4.9% in the 2nd quarter. Natixis Advisors L.P. now owns 18,878 shares of the company’s stock valued at $446,000 after purchasing an additional 885 shares during the last quarter. Finally, M&T Bank Corp lifted its stake in JBG SMITH Properties by 8.9% in the 2nd quarter. M&T Bank Corp now owns 13,819 shares of the company’s stock valued at $327,000 after purchasing an additional 1,128 shares during the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at JBG SMITH Properties

In other JBG SMITH Properties news, Director Robert Alexander Stewart sold 36,500 shares of the stock in a transaction dated Monday, November 14th. The shares were sold at an average price of $19.67, for a total value of $717,955.00. Following the transaction, the director now directly owns 86,290 shares of the company’s stock, valued at approximately $1,697,324.30. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 6.08% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. TheStreet downgraded shares of JBG SMITH Properties from a “c-” rating to a “d” rating in a research note on Wednesday, November 2nd. Evercore ISI cut their target price on shares of JBG SMITH Properties to $24.00 in a research note on Thursday, October 13th.

JBG SMITH Properties Stock Down 1.8 %

JBG SMITH Properties stock opened at $18.78 on Friday. The stock has a market cap of $2.14 billion, a P/E ratio of 46.95 and a beta of 0.93. The company has a quick ratio of 5.23, a current ratio of 5.23 and a debt-to-equity ratio of 0.86. JBG SMITH Properties has a twelve month low of $17.39 and a twelve month high of $30.10. The company’s 50-day moving average price is $19.55 and its two-hundred day moving average price is $20.94.

JBG SMITH Properties Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, January 12th. Shareholders of record on Thursday, December 29th were issued a $0.225 dividend. The ex-dividend date was Wednesday, December 28th. This represents a $0.90 annualized dividend and a yield of 4.79%. JBG SMITH Properties’s dividend payout ratio is currently 225.01%.

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

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