William Marsh Rice University Acquires New Holdings in JBG SMITH Properties (JBGS)

William Marsh Rice University bought a new position in JBG SMITH Properties (NYSE:JBGS) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 177,538 shares of the company’s stock, valued at approximately $6,074,000. JBG SMITH Properties accounts for about 5.1% of William Marsh Rice University’s investment portfolio, making the stock its 3rd largest holding. William Marsh Rice University owned approximately 0.15% of JBG SMITH Properties as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. PGGM Investments acquired a new stake in shares of JBG SMITH Properties during the 3rd quarter valued at $25,486,000. Mutual of America Capital Management LLC acquired a new stake in shares of JBG SMITH Properties during the 3rd quarter valued at $2,609,000. Spirit of America Management Corp NY acquired a new stake in shares of JBG SMITH Properties during the 3rd quarter valued at $171,000. State Treasurer State of Michigan acquired a new stake in shares of JBG SMITH Properties during the 3rd quarter valued at $1,202,000. Finally, LS Investment Advisors LLC acquired a new stake in shares of JBG SMITH Properties during the 3rd quarter valued at $247,000. Hedge funds and other institutional investors own 75.01% of the company’s stock.

In related news, Director Charles E. Haldeman acquired 20,000 shares of the business’s stock in a transaction dated Thursday, November 16th. The stock was bought at an average price of $32.59 per share, for a total transaction of $651,800.00. Following the transaction, the director now owns 20,000 shares of the company’s stock, valued at $651,800. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink.

Shares of JBG SMITH Properties (JBGS) traded up $0.41 during trading hours on Monday, hitting $33.72. The stock had a trading volume of 749,400 shares, compared to its average volume of 1,064,069. JBG SMITH Properties has a one year low of $30.01 and a one year high of $37.75. The company has a debt-to-equity ratio of 0.70, a current ratio of 4.42 and a quick ratio of 4.42.

The business also recently disclosed a special dividend, which was paid on Thursday, November 30th. Stockholders of record on Monday, November 20th were given a dividend of $0.225 per share. The ex-dividend date of this dividend was Friday, November 17th.

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JBG SMITH Properties 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.

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

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