Zurcher Kantonalbank Zurich Cantonalbank Purchases Shares of 22,355 JBG SMITH Properties (JBGS)

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.

Shares of JBG SMITH Properties (NYSE JBGS) traded up $0.08 during mid-day trading on Tuesday, hitting $33.80. 862,800 shares of the stock were exchanged, compared to its average volume of 1,062,152. 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 current ratio of 4.42, a quick ratio of 4.42 and a debt-to-equity ratio of 0.70.

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

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