JBG SMITH Properties (JBGS) Director University Yale Sells 160,000 Shares

JBG SMITH Properties (NYSE:JBGS) Director University Yale sold 160,000 shares of JBG SMITH Properties stock in a transaction on Tuesday, December 4th. The stock was sold at an average price of $39.95, for a total transaction of $6,392,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

University Yale also recently made the following trade(s):

  • On Friday, November 30th, University Yale sold 100,392 shares of JBG SMITH Properties stock. The stock was sold at an average price of $39.64, for a total transaction of $3,979,538.88.
  • On Wednesday, November 28th, University Yale sold 153,279 shares of JBG SMITH Properties stock. The stock was sold at an average price of $39.12, for a total transaction of $5,996,274.48.
  • On Friday, November 23rd, University Yale sold 51,000 shares of JBG SMITH Properties stock. The stock was sold at an average price of $39.99, for a total transaction of $2,039,490.00.
  • On Monday, November 26th, University Yale sold 126,000 shares of JBG SMITH Properties stock. The stock was sold at an average price of $39.71, for a total transaction of $5,003,460.00.
  • On Tuesday, November 20th, University Yale sold 100,000 shares of JBG SMITH Properties stock. The stock was sold at an average price of $40.19, for a total transaction of $4,019,000.00.

JBG SMITH Properties stock traded down $0.46 during mid-day trading on Friday, reaching $39.79. The company’s stock had a trading volume of 182,538 shares, compared to its average volume of 688,854. The company has a market cap of $4.80 billion, a PE ratio of 22.81 and a beta of 0.03. The company has a debt-to-equity ratio of 0.67, a current ratio of 3.79 and a quick ratio of 3.79. JBG SMITH Properties has a twelve month low of $30.86 and a twelve month high of $40.72.

The company also recently declared a quarterly dividend, which was paid on Monday, November 26th. Stockholders of record on Tuesday, November 13th were issued a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a dividend yield of 2.26%. The ex-dividend date was Friday, November 9th.

Institutional investors and hedge funds have recently made changes to their positions in the company. Texas Permanent School Fund boosted its holdings in shares of JBG SMITH Properties by 13.3% during the third quarter. Texas Permanent School Fund now owns 68,140 shares of the company’s stock valued at $2,510,000 after acquiring an additional 7,998 shares during the period. Retirement Systems of Alabama boosted its holdings in shares of JBG SMITH Properties by 15.9% during the third quarter. Retirement Systems of Alabama now owns 139,798 shares of the company’s stock valued at $5,149,000 after acquiring an additional 19,134 shares during the period. US Bancorp DE boosted its holdings in shares of JBG SMITH Properties by 129.9% during the second quarter. US Bancorp DE now owns 3,058 shares of the company’s stock valued at $112,000 after acquiring an additional 1,728 shares during the period. Toth Financial Advisory Corp acquired a new position in shares of JBG SMITH Properties during the third quarter valued at $399,000. Finally, BlackRock Inc. boosted its holdings in shares of JBG SMITH Properties by 11.9% during the second quarter. BlackRock Inc. now owns 11,035,856 shares of the company’s stock valued at $402,478,000 after acquiring an additional 1,176,741 shares during the period. 76.72% of the stock is owned by institutional investors.

JBGS has been the subject of a number of research reports. Zacks Investment Research downgraded shares of JBG SMITH Properties from a “hold” rating to a “sell” rating in a report on Saturday, November 17th. ValuEngine raised shares of JBG SMITH Properties from a “hold” rating to a “buy” rating in a report on Tuesday, November 20th. Finally, Stifel Nicolaus raised shares of JBG SMITH Properties from a “sell” rating to a “hold” rating and lifted their price objective for the stock from $34.00 to $37.00 in a report on Monday, October 22nd.

ILLEGAL ACTIVITY NOTICE: This story was originally posted by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are accessing this story on another publication, it was illegally stolen and republished in violation of U.S. and international copyright legislation. The correct version of this story can be read at https://www.chaffeybreeze.com/2018/12/07/jbg-smith-properties-jbgs-director-university-yale-sells-160000-shares.html.

About JBG SMITH Properties

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.

Further Reading: What is the Consumer Price Index (CPI)?

Insider Buying and Selling by Quarter for JBG SMITH Properties (NYSE:JBGS)

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