Recent Research Analysts’ Ratings Updates for JBG SMITH Properties (JBGS)

A number of firms have modified their ratings and price targets on shares of JBG SMITH Properties (NYSE: JBGS) recently:

  • 11/2/2018 – JBG SMITH Properties was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.
  • 10/24/2018 – JBG SMITH Properties was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 10/22/2018 – JBG SMITH Properties was upgraded by analysts at Stifel Nicolaus from a “sell” rating to a “hold” rating. They now have a $37.00 price target on the stock, up previously from $34.00.
  • 10/16/2018 – JBG SMITH Properties was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “JBG SMITH Properties is a real estate company. It manages residential, office, retail and mixed-use properties. JBG SMITH Properties is based in Arlington, United States. “
  • 9/21/2018 – JBG SMITH Properties was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “JBG SMITH Properties is a real estate company. It manages residential, office, retail and mixed-use properties. JBG SMITH Properties is based in Arlington, United States. “
  • 9/14/2018 – JBG SMITH Properties was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “JBG SMITH Properties is a real estate company. It manages residential, office, retail and mixed-use properties. JBG SMITH Properties is based in Arlington, United States. “

JBG SMITH Properties stock traded up $0.64 during mid-day trading on Tuesday, hitting $39.68. The company’s stock had a trading volume of 1,096,736 shares, compared to its average volume of 550,164. The company has a market cap of $4.51 billion, a P/E ratio of 20.92 and a beta of -0.02. The company has a current ratio of 3.41, a quick ratio of 3.41 and a debt-to-equity ratio of 0.69. JBG SMITH Properties has a 52-week low of $30.86 and a 52-week high of $40.39.

The company also recently announced a quarterly dividend, which will be paid on Monday, November 26th. Shareholders of record on Tuesday, November 13th will be given a $0.225 dividend. This represents a $0.90 annualized dividend and a yield of 2.27%. The ex-dividend date is Friday, November 9th.

In other JBG SMITH Properties news, CIO James Lee Iker sold 23,837 shares of the company’s stock in a transaction dated Wednesday, September 19th. The stock was sold at an average price of $37.54, for a total value of $894,840.98. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 13.33% of the company’s stock.

Hedge funds have recently modified their holdings of the business. Westbourne Investment Advisors Inc. acquired a new position in JBG SMITH Properties in the 3rd quarter worth about $108,000. US Bancorp DE increased its position in JBG SMITH Properties by 129.9% in the 2nd quarter. US Bancorp DE now owns 3,058 shares of the company’s stock worth $112,000 after purchasing an additional 1,728 shares during the last quarter. NN Investment Partners Holdings N.V. acquired a new position in JBG SMITH Properties in the 3rd quarter worth about $217,000. Gideon Capital Advisors Inc. acquired a new position in JBG SMITH Properties in the 2nd quarter worth about $221,000. Finally, Wilbanks Smith & Thomas Asset Management LLC acquired a new position in JBG SMITH Properties in the 2nd quarter worth about $238,000. 78.50% of the stock is currently owned by institutional investors.

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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