People s United Financial Inc. trimmed its holdings in JBG SMITH Properties (NYSE:JBGS) by 14.5% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 19,646 shares of the company’s stock after selling 3,331 shares during the period. People s United Financial Inc.’s holdings in JBG SMITH Properties were worth $716,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in JBGS. Thompson Siegel & Walmsley LLC boosted its position in JBG SMITH Properties by 64.8% during the 1st quarter. Thompson Siegel & Walmsley LLC now owns 2,451,150 shares of the company’s stock valued at $82,629,000 after purchasing an additional 964,039 shares during the period. Brown Advisory Inc. grew its holdings in shares of JBG SMITH Properties by 2,659.1% during the first quarter. Brown Advisory Inc. now owns 418,395 shares of the company’s stock valued at $14,104,000 after buying an additional 403,231 shares in the last quarter. BlackRock Inc. grew its holdings in shares of JBG SMITH Properties by 3.6% during the first quarter. BlackRock Inc. now owns 9,859,115 shares of the company’s stock valued at $332,353,000 after buying an additional 345,917 shares in the last quarter. University of Notre Dame DU Lac purchased a new position in shares of JBG SMITH Properties during the first quarter valued at $9,204,000. Finally, JPMorgan Chase & Co. grew its holdings in shares of JBG SMITH Properties by 7.0% during the first quarter. JPMorgan Chase & Co. now owns 3,833,886 shares of the company’s stock valued at $129,239,000 after buying an additional 249,845 shares in the last quarter. Institutional investors own 78.69% of the company’s stock.

Several analysts have recently issued reports on JBGS shares. Zacks Investment Research downgraded JBG SMITH Properties from a “hold” rating to a “sell” rating in a research note on Wednesday, August 22nd. Stifel Nicolaus initiated coverage on JBG SMITH Properties in a report on Thursday, June 21st. They issued a “sell” rating and a $34.00 price target for the company.

NYSE JBGS traded down $0.13 during trading hours on Friday, reaching $36.80. 652,956 shares of the company’s stock were exchanged, compared to its average volume of 506,443. The company has a debt-to-equity ratio of 0.69, a current ratio of 3.41 and a quick ratio of 3.41. The firm has a market cap of $4.41 billion, a PE ratio of 20.49 and a beta of 0.05. JBG SMITH Properties has a one year low of $30.79 and a one year high of $38.91.

The business also recently declared a quarterly dividend, which was paid on Monday, August 27th. Stockholders of record on Tuesday, August 14th were paid a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 2.45%. The ex-dividend date was Monday, August 13th.

JBG SMITH Properties Company Profile

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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Institutional Ownership by Quarter for JBG SMITH Properties (NYSE:JBGS)

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