Caxton Corp Takes Position in JBG SMITH Properties (JBGS)

Caxton Corp purchased a new position in shares of JBG SMITH Properties (NYSE:JBGS) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 36,129 shares of the company’s stock, valued at approximately $1,236,000. JBG SMITH Properties accounts for 1.3% of Caxton Corp’s investment portfolio, making the stock its 7th biggest holding.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in JBGS. Spirit of America Management Corp NY acquired a new position in JBG SMITH Properties during the third quarter worth approximately $171,000. CI Investments Inc. acquired a new position in JBG SMITH Properties in the third quarter valued at $194,000. World Asset Management Inc acquired a new position in JBG SMITH Properties in the third quarter valued at $205,000. Welch & Forbes LLC acquired a new position in JBG SMITH Properties in the third quarter valued at $207,000. Finally, Simplex Trading LLC acquired a new position in JBG SMITH Properties in the third quarter valued at $227,000. Institutional investors and hedge funds own 75.01% of the company’s stock.

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

Shares of JBG SMITH Properties (JBGS) traded up $0.18 during trading hours on Thursday, reaching $33.60. The company’s stock had a trading volume of 1,157,900 shares, compared to its average volume of 1,063,656. The company has a quick ratio of 4.42, a current ratio of 4.42 and a debt-to-equity ratio of 0.70. JBG SMITH Properties has a 12 month low of $30.01 and a 12 month high of $37.75.

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