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.
TRADEMARK VIOLATION WARNING: “Alpine Woods Capital Investors LLC Purchases New Position in JBG SMITH Properties (NYSE:JBGS)” was published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this piece of content on another domain, it was illegally copied and republished in violation of international copyright & trademark law. The legal version of this piece of content can be read at https://www.dispatchtribunal.com/2017/12/07/27312-shares-in-jbg-smith-properties-jbgs-purchased-by-alpine-woods-capital-investors-llc.html.
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.
Receive News & Ratings for JBG SMITH Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JBG SMITH Properties and related companies with MarketBeat.com's FREE daily email newsletter.