UniSuper Management Pty Ltd Boosts Holdings in JBG SMITH Properties (NYSE:JBGS)

UniSuper Management Pty Ltd lifted its position in shares of JBG SMITH Properties (NYSE:JBGS) by 102.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 57,958 shares of the company’s stock after purchasing an additional 29,308 shares during the period. UniSuper Management Pty Ltd owned about 0.06% of JBG SMITH Properties worth $930,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Brown Brothers Harriman & Co. increased its stake in shares of JBG SMITH Properties by 127.2% in the fourth quarter. Brown Brothers Harriman & Co. now owns 1,786 shares of the company’s stock worth $30,000 after buying an additional 1,000 shares during the last quarter. Tower Research Capital LLC TRC raised its stake in shares of JBG SMITH Properties by 82.6% in the 4th quarter. Tower Research Capital LLC TRC now owns 5,870 shares of the company’s stock valued at $100,000 after purchasing an additional 2,656 shares in the last quarter. Sequoia Financial Advisors LLC bought a new position in shares of JBG SMITH Properties during the fourth quarter worth about $171,000. Quest Partners LLC acquired a new position in JBG SMITH Properties in the fourth quarter worth about $186,000. Finally, Van ECK Associates Corp increased its holdings in JBG SMITH Properties by 13.4% in the fourth quarter. Van ECK Associates Corp now owns 15,581 shares of the company’s stock valued at $265,000 after buying an additional 1,845 shares during the last quarter. 98.46% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Evercore ISI reduced their target price on JBG SMITH Properties from $16.00 to $14.50 and set an “underperform” rating on the stock in a report on Wednesday, April 10th.

JBG SMITH Properties Stock Up 1.1 %

JBGS stock traded up $0.18 during trading on Thursday, hitting $16.54. 41,698 shares of the company’s stock traded hands, compared to its average volume of 985,714. JBG SMITH Properties has a 52 week low of $12.63 and a 52 week high of $18.17. The stock has a fifty day moving average price of $15.11 and a two-hundred day moving average price of $15.74. The company has a quick ratio of 3.60, a current ratio of 3.60 and a debt-to-equity ratio of 1.17.

About JBG SMITH Properties

JBG SMITH owns, operates, invests in, and develops mixed-use properties in high growth and high barrier-to-entry submarkets in and around Washington, DC, most notably National Landing. Through an intense focus on placemaking, JBG SMITH cultivates vibrant, amenity-rich, walkable neighborhoods throughout the Washington, DC metropolitan area.