Alpine Woods Capital Investors LLC Purchases New Position in JBG SMITH Properties (NYSE:JBGS)

Alpine Woods Capital Investors LLC purchased a new stake in JBG SMITH Properties (NYSE:JBGS) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 27,312 shares of the company’s stock, valued at approximately $934,000.

Other large investors also recently made changes to their positions in the company. Bank of New York Mellon Corp acquired a new position in shares of JBG SMITH Properties during the third quarter valued at $123,347,000. APG Asset Management US Inc. acquired a new position in shares of JBG SMITH Properties during the third quarter valued at $88,423,000. Proprium Capital Partners L.P. acquired a new position in shares of JBG SMITH Properties during the third quarter valued at $37,210,000. PGGM Investments acquired a new position in shares of JBG SMITH Properties during the third quarter valued at $25,486,000. Finally, Prudential Financial Inc. acquired a new position in JBG SMITH Properties in the third quarter valued at about $23,722,000. Hedge funds and other institutional investors own 75.01% of the company’s stock.

JBG SMITH Properties (NYSE JBGS) traded up $0.18 during trading hours on Thursday, reaching $33.78. The company’s stock had a trading volume of 761,233 shares, compared to its average volume of 1,060,856. JBG SMITH Properties has a 1 year low of $30.01 and a 1 year high of $37.75. The company has a current ratio of 4.42, a quick ratio of 4.42 and a debt-to-equity ratio of 0.70.

The firm also recently declared a special dividend, which was paid on Thursday, November 30th. Shareholders of record on Monday, November 20th were issued a $0.225 dividend. The ex-dividend date of this dividend was Friday, November 17th.

In other JBG SMITH Properties news, Director Charles E. Haldeman purchased 20,000 shares of the stock in a transaction on Thursday, November 16th. The stock was bought at an average cost of $32.59 per share, for a total transaction of $651,800.00. Following the completion of the acquisition, the director now directly owns 20,000 shares of the company’s stock, valued at $651,800. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

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JBG SMITH Properties Company Profile

JBG SMITH Properties is a real estate company. The Company is focused on the Washington, DC metropolitan area. Its assets consist of office, multifamily and retail properties. It operates through three segments: offices, multifamily and other. The Company’s assets are located primarily within submarkets in the District of Columbia and in the infill, Metro-served submarkets outside of Washington, DC.

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

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