Guggenheim Capital LLC increased its holdings in shares of JBG SMITH Properties (NYSE:JBGS) by 18.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 93,581 shares of the company’s stock after purchasing an additional 14,574 shares during the period. Guggenheim Capital LLC owned approximately 0.08% of JBG SMITH Properties worth $3,251,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Yale University acquired a new stake in JBG SMITH Properties during the third quarter worth approximately $176,013,000. APG Asset Management US Inc. grew its stake in JBG SMITH Properties by 48.7% during the fourth quarter. APG Asset Management US Inc. now owns 3,844,703 shares of the company’s stock worth $133,527,000 after purchasing an additional 1,260,000 shares during the period. Long Pond Capital LP grew its stake in JBG SMITH Properties by 568.2% during the fourth quarter. Long Pond Capital LP now owns 3,328,417 shares of the company’s stock worth $115,596,000 after purchasing an additional 2,830,296 shares during the period. Trustees of Princeton University acquired a new stake in JBG SMITH Properties during the fourth quarter worth approximately $77,546,000. Finally, Sessa Capital IM L.P. acquired a new stake in JBG SMITH Properties during the third quarter worth approximately $49,376,000. 85.42% of the stock is owned by institutional investors and hedge funds.
NYSE JBGS opened at $33.85 on Friday. JBG SMITH Properties has a one year low of $30.01 and a one year high of $37.75. The company has a debt-to-equity ratio of 0.74, a quick ratio of 3.84 and a current ratio of 3.84.
In other JBG SMITH Properties news, Director Carol A. Melton bought 2,500 shares of the firm’s stock in a transaction that occurred on Wednesday, March 14th. The stock was acquired at an average price of $33.92 per share, with a total value of $84,800.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 13.33% of the company’s stock.
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JBG SMITH Properties 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.
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