KBC Group NV acquired a new stake in JBG SMITH Properties (NYSE:JBGS) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 24,238 shares of the company’s stock, valued at approximately $829,000.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Spirit of America Management Corp NY acquired a new stake in JBG SMITH Properties during the 3rd quarter valued at $171,000. CI Investments Inc. acquired a new stake in JBG SMITH Properties during the 3rd quarter valued at $194,000. World Asset Management Inc acquired a new stake in JBG SMITH Properties during the 3rd quarter valued at $205,000. Simplex Trading LLC acquired a new stake in JBG SMITH Properties during the 3rd quarter valued at $227,000. Finally, LS Investment Advisors LLC acquired a new stake in JBG SMITH Properties during the 3rd quarter valued at $247,000. 75.01% of the stock is owned by institutional investors.
Shares of JBG SMITH Properties (NYSE JBGS) traded up $0.01 during trading on Friday, reaching $34.34. The company’s stock had a trading volume of 593,500 shares, compared to its average volume of 1,036,565. JBG SMITH Properties has a fifty-two week low of $30.01 and a fifty-two week high of $37.75. The company has a debt-to-equity ratio of 0.70, a current ratio of 4.42 and a quick ratio of 4.42.
The firm also recently declared a special dividend, which was paid on Thursday, November 30th. Shareholders of record on Monday, November 20th were issued a dividend of $0.225 per share. The ex-dividend date of this dividend was Friday, November 17th.
In other JBG SMITH Properties news, Director Charles E. Haldeman purchased 20,000 shares of the business’s stock in a transaction on Thursday, November 16th. The stock was acquired at an average price of $32.59 per share, with a total value of $651,800.00. Following the acquisition, the director now directly owns 20,000 shares of the company’s stock, valued at approximately $651,800. The transaction was disclosed in a filing with the SEC, which is accessible through 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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