Rhumbline Advisers reduced its stake in shares of JBG SMITH Properties (NYSE:JBGS) by 6.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 178,640 shares of the company’s stock after selling 12,962 shares during the quarter. Rhumbline Advisers owned 0.15% of JBG SMITH Properties worth $6,204,000 at the end of the most recent reporting period.
Other hedge funds also recently made changes to their positions in the company. Yale University purchased a new stake in shares of JBG SMITH Properties during the third quarter worth approximately $176,013,000. APG Asset Management US Inc. increased its position in shares of JBG SMITH Properties by 48.7% during the fourth quarter. APG Asset Management US Inc. now owns 3,844,703 shares of the company’s stock worth $133,527,000 after purchasing an additional 1,260,000 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of JBG SMITH Properties during the third quarter worth approximately $123,347,000. JPMorgan Chase & Co. purchased a new stake in shares of JBG SMITH Properties during the third quarter worth approximately $115,877,000. Finally, Sessa Capital IM L.P. acquired a new position in JBG SMITH Properties during the third quarter worth $49,376,000. Institutional investors own 86.34% of the company’s stock.
JBG SMITH Properties (NYSE JBGS) traded up $0.18 during midday trading on Wednesday, reaching $33.87. The company’s stock had a trading volume of 602,155 shares, compared to its average volume of 451,075. The company has a current ratio of 4.42, a quick ratio of 4.42 and a debt-to-equity ratio of 0.70. JBG SMITH Properties has a one year low of $30.01 and a one year high of $37.75.
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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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