SG Americas Securities LLC Has $6.51 Million Position in JBG SMITH Properties $JBGS

SG Americas Securities LLC raised its holdings in JBG SMITH Properties (NYSE:JBGS) by 7,444.7% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 382,971 shares of the company’s stock after purchasing an additional 377,895 shares during the period. SG Americas Securities LLC’s holdings in JBG SMITH Properties were worth $6,514,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in JBGS. CWM LLC lifted its holdings in shares of JBG SMITH Properties by 65.1% during the 3rd quarter. CWM LLC now owns 1,294 shares of the company’s stock worth $29,000 after acquiring an additional 510 shares during the period. Smartleaf Asset Management LLC increased its stake in JBG SMITH Properties by 78.4% in the third quarter. Smartleaf Asset Management LLC now owns 1,479 shares of the company’s stock valued at $32,000 after acquiring an additional 650 shares during the period. Caitong International Asset Management Co. Ltd raised its position in JBG SMITH Properties by 151.8% in the third quarter. Caitong International Asset Management Co. Ltd now owns 1,637 shares of the company’s stock worth $36,000 after purchasing an additional 987 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in JBG SMITH Properties by 113.6% in the second quarter. EverSource Wealth Advisors LLC now owns 3,273 shares of the company’s stock worth $57,000 after purchasing an additional 1,741 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its stake in JBG SMITH Properties by 20.9% during the third quarter. Farther Finance Advisors LLC now owns 3,289 shares of the company’s stock worth $73,000 after purchasing an additional 569 shares during the period. Institutional investors and hedge funds own 98.46% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on JBGS. Weiss Ratings reiterated a “sell (d)” rating on shares of JBG SMITH Properties in a research note on Thursday, January 22nd. Wall Street Zen upgraded JBG SMITH Properties from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Two analysts have rated the stock with a Sell rating, According to MarketBeat.com, JBG SMITH Properties has an average rating of “Sell” and an average target price of $18.50.

JBG SMITH Properties Stock Down 0.7%

JBGS opened at $14.60 on Wednesday. The firm has a market cap of $861.78 million, a price-to-earnings ratio of -6.92 and a beta of 1.15. The company has a debt-to-equity ratio of 2.16, a quick ratio of 3.63 and a current ratio of 3.63. The firm’s 50-day simple moving average is $15.66 and its 200-day simple moving average is $17.93. JBG SMITH Properties has a twelve month low of $13.28 and a twelve month high of $24.30.

JBG SMITH Properties (NYSE:JBGS) last announced its quarterly earnings results on Tuesday, February 17th. The company reported ($0.78) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.47) by ($0.31). The firm had revenue of $127.56 million for the quarter, compared to the consensus estimate of $122.44 million. JBG SMITH Properties had a negative net margin of 27.89% and a negative return on equity of 10.61%.

JBG SMITH Properties Profile

JBG SMITH Properties is a publicly traded real estate investment trust specializing in the acquisition, development and management of mixed-use properties in the Washington, DC metropolitan area. The company’s portfolio encompasses office, residential, retail, hotel and entertainment assets, with a strategic focus on high-growth urban and transit-oriented neighborhoods in the District of Columbia, Northern Virginia and suburban Maryland.

The company actively develops large-scale, mixed-use communities designed to integrate living, working and leisure spaces.