JBG SMITH Properties (JBGS) Insider James Lee Iker Sells 23,836 Shares

JBG SMITH Properties (NYSE:JBGS) insider James Lee Iker sold 23,836 shares of the stock in a transaction that occurred on Monday, November 5th. The shares were sold at an average price of $39.35, for a total transaction of $937,946.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

James Lee Iker also recently made the following trade(s):

  • On Wednesday, September 19th, James Lee Iker sold 23,837 shares of JBG SMITH Properties stock. The shares were sold at an average price of $37.54, for a total transaction of $894,840.98.

JBG SMITH Properties stock opened at $39.14 on Friday. JBG SMITH Properties has a 1-year low of $30.86 and a 1-year high of $40.39. The company has a debt-to-equity ratio of 0.69, a current ratio of 3.41 and a quick ratio of 3.41. The company has a market capitalization of $4.77 billion, a PE ratio of 22.17 and a beta of -0.02.

The company also recently declared a quarterly dividend, which will be paid on Monday, November 26th. Stockholders of record on Tuesday, November 13th will be paid a $0.225 dividend. The ex-dividend date of this dividend is Friday, November 9th. This represents a $0.90 annualized dividend and a dividend yield of 2.30%.

Several analysts have recently weighed in on the stock. ValuEngine cut shares of JBG SMITH Properties from a “buy” rating to a “hold” rating in a research note on Friday, November 2nd. Stifel Nicolaus raised shares of JBG SMITH Properties from a “sell” rating to a “hold” rating and increased their price target for the company from $34.00 to $37.00 in a research note on Monday, October 22nd. Finally, Zacks Investment Research raised shares of JBG SMITH Properties from a “sell” rating to a “hold” rating in a research note on Tuesday, October 16th.

Several institutional investors have recently bought and sold shares of the company. Eagle Boston Investment Management Inc. grew its stake in shares of JBG SMITH Properties by 17.3% in the 3rd quarter. Eagle Boston Investment Management Inc. now owns 45,655 shares of the company’s stock valued at $1,681,000 after buying an additional 6,744 shares during the period. Rhumbline Advisers grew its stake in shares of JBG SMITH Properties by 3.6% in the 3rd quarter. Rhumbline Advisers now owns 195,996 shares of the company’s stock valued at $7,219,000 after buying an additional 6,793 shares during the period. Prudential Financial Inc. boosted its position in shares of JBG SMITH Properties by 9.5% during the 3rd quarter. Prudential Financial Inc. now owns 1,208,713 shares of the company’s stock worth $44,517,000 after purchasing an additional 105,033 shares during the period. Honeywell International Inc. purchased a new position in shares of JBG SMITH Properties during the 3rd quarter worth approximately $814,000. Finally, Nomura Asset Management Co. Ltd. boosted its position in shares of JBG SMITH Properties by 17.9% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 69,371 shares of the company’s stock worth $2,555,000 after purchasing an additional 10,540 shares during the period. 78.50% of the stock is owned by institutional investors and hedge funds.

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JBG SMITH Properties Company Profile

JBG SMITH Properties, a real estate investment trust (REIT), owns, operates, invests in, and develops real estate assets in Washington, the United States. The company's assets consist of office, multifamily, and retail properties. As of December 31, 2017, its operating portfolio consisted of 69 operating assets comprising 51 office assets, 14 multifamily assets, and 4 other assets.

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