Schroder Investment Management Group bought a new position in shares of JBG SMITH Properties (NYSE:JBGS) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 10,392 shares of the company’s stock, valued at approximately $356,000.
Several other institutional investors have also recently added to or reduced their stakes in the stock. Spirit of America Management Corp NY acquired a new stake in shares of JBG SMITH Properties during the third quarter worth about $171,000. CI Investments Inc. acquired a new stake in shares of JBG SMITH Properties during the third quarter worth about $194,000. World Asset Management Inc acquired a new stake in shares of JBG SMITH Properties during the third quarter worth about $205,000. Simplex Trading LLC purchased a new position in JBG SMITH Properties during the third quarter valued at approximately $227,000. Finally, LS Investment Advisors LLC purchased a new position in JBG SMITH Properties during the third quarter valued at approximately $247,000. 75.01% of the stock is owned by hedge funds and other institutional investors.
JBG SMITH Properties (NYSE JBGS) opened at $35.63 on Tuesday. The company has a quick ratio of 4.42, a current ratio of 4.42 and a debt-to-equity ratio of 0.70. JBG SMITH Properties has a 12-month low of $30.01 and a 12-month high of $37.75.
In related news, Director Charles E. Haldeman purchased 20,000 shares of JBG SMITH Properties stock in a transaction that occurred 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 transaction, the director now owns 20,000 shares in the company, valued at $651,800. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
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.
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