State of Alaska Department of Revenue Has $2.36 Million Stock Position in JBG SMITH Properties (NYSE:JBGS)

State of Alaska Department of Revenue grew its position in JBG SMITH Properties (NYSE:JBGS) by 31.0% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 60,015 shares of the company’s stock after acquiring an additional 14,194 shares during the period. State of Alaska Department of Revenue’s holdings in JBG SMITH Properties were worth $2,359,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the company. 6 Meridian boosted its stake in JBG SMITH Properties by 2.0% in the 2nd quarter. 6 Meridian now owns 12,974 shares of the company’s stock worth $510,000 after purchasing an additional 256 shares during the period. Bank of Montreal Can boosted its stake in JBG SMITH Properties by 4.0% in the 1st quarter. Bank of Montreal Can now owns 7,010 shares of the company’s stock worth $289,000 after purchasing an additional 269 shares during the period. Bbva Compass Bancshares Inc. boosted its stake in JBG SMITH Properties by 4.5% in the 1st quarter. Bbva Compass Bancshares Inc. now owns 7,047 shares of the company’s stock worth $291,000 after purchasing an additional 301 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in JBG SMITH Properties by 1.8% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 19,438 shares of the company’s stock worth $804,000 after purchasing an additional 342 shares during the period. Finally, Metropolitan Life Insurance Co NY boosted its stake in JBG SMITH Properties by 1.0% in the 1st quarter. Metropolitan Life Insurance Co NY now owns 37,206 shares of the company’s stock worth $1,538,000 after purchasing an additional 380 shares during the period. 77.38% of the stock is owned by institutional investors.

Shares of JBG SMITH Properties stock traded up $0.14 during trading hours on Friday, reaching $38.47. 341,350 shares of the company’s stock were exchanged, compared to its average volume of 396,143. The business’s 50 day moving average is $39.75. JBG SMITH Properties has a fifty-two week low of $33.30 and a fifty-two week high of $43.21. The company has a current ratio of 4.57, a quick ratio of 4.57 and a debt-to-equity ratio of 0.71. The firm has a market cap of $5.14 billion, a PE ratio of 22.24 and a beta of 0.68.

Separately, Zacks Investment Research raised shares of JBG SMITH Properties from a “sell” rating to a “hold” rating in a research note on Wednesday, July 10th.

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. It operates in three segments: commercial, multifamily, and third-party asset management and real estate services. The company owns and operates a portfolio of commercial, multifamily, and retail assets, as well as provides fee-based real estate services.

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

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