JBG SMITH Properties (NYSE:JBGS) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC cut its stake in shares of JBG SMITH Properties (NYSE:JBGS) by 7.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 43,362 shares of the company’s stock after selling 3,635 shares during the quarter. Yousif Capital Management LLC’s holdings in JBG SMITH Properties were worth $738,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Wellington Management Group LLP purchased a new position in JBG SMITH Properties in the third quarter worth $16,385,000. Illinois Municipal Retirement Fund purchased a new position in JBG SMITH Properties in the third quarter worth $786,000. UBS Group AG raised its position in JBG SMITH Properties by 57.3% in the third quarter. UBS Group AG now owns 1,029,631 shares of the company’s stock worth $14,888,000 after acquiring an additional 375,197 shares in the last quarter. Blair William & Co. IL raised its position in JBG SMITH Properties by 164.1% in the third quarter. Blair William & Co. IL now owns 51,500 shares of the company’s stock worth $745,000 after acquiring an additional 32,000 shares in the last quarter. Finally, Public Employees Retirement System of Ohio increased its position in shares of JBG SMITH Properties by 5.0% in the third quarter. Public Employees Retirement System of Ohio now owns 137,741 shares of the company’s stock valued at $1,992,000 after buying an additional 6,540 shares in the last quarter. Hedge funds and other institutional investors own 98.46% of the company’s stock.

JBG SMITH Properties Trading Down 0.7 %

Shares of JBGS stock opened at $14.86 on Monday. JBG SMITH Properties has a fifty-two week low of $12.63 and a fifty-two week high of $18.17. The stock has a market cap of $1.37 billion, a P/E ratio of -10.69 and a beta of 1.07. The business has a fifty day simple moving average of $15.93 and a 200-day simple moving average of $15.67. The company has a quick ratio of 3.33, a current ratio of 3.60 and a debt-to-equity ratio of 1.17.

JBG SMITH Properties Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 24th. Stockholders of record on Friday, May 10th will be given a $0.175 dividend. This represents a $0.70 dividend on an annualized basis and a dividend yield of 4.71%. The ex-dividend date is Thursday, May 9th. JBG SMITH Properties’s dividend payout ratio is currently -50.36%.

Analyst Upgrades and Downgrades

Separately, Evercore ISI dropped their price target 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.

About JBG SMITH Properties

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.