JBG SMITH Properties (JBGS) Short Interest Update

Share on StockTwits

JBG SMITH Properties (NYSE:JBGS) saw a significant decline in short interest in May. As of May 31st, there was short interest totalling 788,882 shares, a decline of 41.7% from the May 15th total of 1,353,259 shares. Based on an average daily trading volume, of 499,629 shares, the short-interest ratio is currently 1.6 days. Currently, 0.7% of the shares of the stock are short sold.

NYSE:JBGS opened at $38.55 on Tuesday. The company has a debt-to-equity ratio of 0.71, a current ratio of 3.45 and a quick ratio of 3.45. JBG SMITH Properties has a 12 month low of $30.01 and a 12 month high of $38.55.

The company also recently announced a quarterly dividend, which was paid on Friday, May 25th. Investors of record on Monday, May 14th were given a $0.225 dividend. The ex-dividend date of this dividend was Friday, May 11th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 2.33%.

Several large investors have recently bought and sold shares of the stock. BlackRock Inc. lifted its position in shares of JBG SMITH Properties by 3.6% in the first quarter. BlackRock Inc. now owns 9,859,115 shares of the company’s stock worth $332,353,000 after buying an additional 345,917 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of JBG SMITH Properties by 7.0% in the first quarter. JPMorgan Chase & Co. now owns 3,833,886 shares of the company’s stock worth $129,239,000 after buying an additional 249,845 shares in the last quarter. Long Pond Capital LP raised its position in JBG SMITH Properties by 568.2% during the fourth quarter. Long Pond Capital LP now owns 3,328,417 shares of the company’s stock valued at $115,596,000 after purchasing an additional 2,830,296 shares during the period. Thompson Siegel & Walmsley LLC raised its position in JBG SMITH Properties by 64.8% during the first 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. Finally, Trustees of Princeton University purchased a new stake in JBG SMITH Properties during the fourth quarter valued at approximately $77,546,000. Institutional investors own 79.43% of the company’s stock.

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.

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.

Leave a Reply