JBG SMITH Properties (JBGS) Director University Yale Sells 100,000 Shares

JBG SMITH Properties (NYSE:JBGS) Director University Yale sold 100,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 20th. The shares were sold at an average price of $40.19, for a total value of $4,019,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

JBGS stock opened at $39.90 on Friday. The company has a current ratio of 3.79, a quick ratio of 3.79 and a debt-to-equity ratio of 0.67. The company has a market cap of $4.83 billion, a P/E ratio of 22.95 and a beta of -0.02. JBG SMITH Properties has a 12-month low of $30.86 and a 12-month high of $40.72.

The company also recently declared a quarterly dividend, which will be paid on Monday, November 26th. Investors of record on Tuesday, November 13th will be given a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a dividend yield of 2.26%. The ex-dividend date is Friday, November 9th.

JBGS has been the topic of a number of recent analyst reports. Zacks Investment Research lowered JBG SMITH Properties from a “hold” rating to a “sell” rating in a research report on Saturday, November 17th. ValuEngine raised JBG SMITH Properties from a “hold” rating to a “buy” rating in a research report on Tuesday. Finally, Stifel Nicolaus raised JBG SMITH Properties from a “sell” rating to a “hold” rating and upped their target price for the company from $34.00 to $37.00 in a research report on Monday, October 22nd.

Hedge funds have recently bought and sold shares of the stock. Westbourne Investment Advisors Inc. acquired a new stake in shares of JBG SMITH Properties during the 3rd quarter valued at approximately $108,000. US Bancorp DE raised its position in shares of JBG SMITH Properties by 129.9% during the 2nd quarter. US Bancorp DE now owns 3,058 shares of the company’s stock valued at $112,000 after acquiring an additional 1,728 shares in the last quarter. GenTrust LLC acquired a new stake in shares of JBG SMITH Properties during the 3rd quarter valued at approximately $202,000. NN Investment Partners Holdings N.V. acquired a new stake in shares of JBG SMITH Properties during the 3rd quarter valued at approximately $217,000. Finally, Gideon Capital Advisors Inc. acquired a new stake in shares of JBG SMITH Properties during the 2nd quarter valued at approximately $221,000. 75.62% of the stock is currently owned by institutional investors and hedge funds.

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About JBG SMITH Properties

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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