JBG SMITH Properties (JBGS) Sets New 12-Month High at $41.57

JBG SMITH Properties (NYSE:JBGS) reached a new 52-week high during trading on Friday . The company traded as high as $41.57 and last traded at $41.53, with a volume of 16223 shares trading hands. The stock had previously closed at $41.04.

A number of equities research analysts have commented on the company. Zacks Investment Research lowered JBG SMITH Properties from a “strong-buy” rating to a “sell” rating in a research report on Wednesday, March 6th. ValuEngine upgraded JBG SMITH Properties from a “hold” rating to a “buy” rating in a research report on Monday, February 4th.

The stock has a market cap of $5.10 billion, a P/E ratio of 23.47 and a beta of 0.73. The company has a debt-to-equity ratio of 0.71, a current ratio of 4.50 and a quick ratio of 4.50.

In other news, Director Michael J. Glosserman sold 60,000 shares of the business’s stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $40.75, for a total value of $2,445,000.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Michael J. Glosserman sold 20,000 shares of the business’s stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $40.58, for a total value of $811,600.00. The disclosure for this sale can be found here. Insiders own 8.92% of the company’s stock.

Several large investors have recently made changes to their positions in JBGS. Ffcm LLC lifted its stake in shares of JBG SMITH Properties by 243.2% in the 4th quarter. Ffcm LLC now owns 810 shares of the company’s stock valued at $28,000 after purchasing an additional 574 shares during the period. Capital Investment Advisory Services LLC acquired a new position in shares of JBG SMITH Properties in the 4th quarter valued at about $35,000. Enlightenment Research LLC acquired a new position in shares of JBG SMITH Properties in the 4th quarter valued at about $35,000. Oregon Public Employees Retirement Fund lifted its stake in shares of JBG SMITH Properties by 3,734.7% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 1,502,086 shares of the company’s stock valued at $43,000 after purchasing an additional 1,462,915 shares during the period. Finally, Oppenheimer Asset Management Inc. acquired a new position in shares of JBG SMITH Properties in the 4th quarter valued at about $119,000. 84.02% of the stock is currently owned by institutional investors.

COPYRIGHT VIOLATION WARNING: This news story was originally reported by Sports Perspectives and is the sole property of of Sports Perspectives. If you are accessing this news story on another publication, it was illegally copied and reposted in violation of US and international trademark and copyright law. The legal version of this news story can be accessed at https://sportsperspectives.com/2019/03/17/jbg-smith-properties-jbgs-sets-new-12-month-high-at-41-57.html.

JBG SMITH Properties Company Profile (NYSE:JBGS)

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.

Further Reading: Systematic Risk and Investors

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.