Zurcher Kantonalbank Zurich Cantonalbank purchased a new stake in JBG SMITH Properties (NYSE:JBGS) during the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 22,355 shares of the company’s stock, valued at approximately $765,000.
Several other institutional investors and hedge funds also recently made changes to their positions in the business. Bank of New York Mellon Corp purchased a new position in shares of JBG SMITH Properties in the 3rd quarter valued at $123,347,000. APG Asset Management US Inc. purchased a new position in shares of JBG SMITH Properties in the 3rd quarter valued at $88,423,000. Proprium Capital Partners L.P. purchased a new position in shares of JBG SMITH Properties in the 3rd quarter valued at $37,210,000. PGGM Investments purchased a new position in shares of JBG SMITH Properties in the 3rd quarter valued at $25,486,000. Finally, Prudential Financial Inc. purchased a new position in shares of JBG SMITH Properties in the 3rd quarter valued at $23,722,000. Institutional investors own 75.01% of the company’s stock.
In other news, Director Charles E. Haldeman purchased 20,000 shares of the company’s stock in a transaction that occurred on Thursday, November 16th. The shares were purchased at an average price of $32.59 per share, with a total value of $651,800.00. Following the purchase, 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 Securities & Exchange Commission, which is accessible through this link.
The firm also recently announced a special dividend, which was paid on Thursday, November 30th. Stockholders of record on Monday, November 20th were paid a $0.225 dividend. The ex-dividend date was Friday, November 17th.
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JBG SMITH Properties 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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