Evercore ISI analysts have set the price objective for JBG SMITH Properties (NYSE: JBGS) dropped from $26.00 to $25.00 on Monday, as reported by The Fly. Before this adjustment, the price goal was set at $26.00. According to the price objective provided by Evercore ISI, the current value of the stock has the potential to increase by 15.26% soon. The JBGS has been the focus of a large amount of additional research, most of which has been published. In a research note issued on May 31, BMO Capital Markets dropped its price objective for JBG SMITH Properties from $38.00 to $30.00 and downgraded the company’s rating from “outperform” to “market perform.” In a research note issued on May 23, Wolfe Research lowered its price objective for JBG SMITH Properties from $35.00 to $26.00 and downgraded the company from “outperform” to “market perform.” In addition, the company was downgraded from “market perform” to “underperform” in the same research note. JBGS stock was listed for sale on Monday at $21.69 per share, and trading began on the same day. The moving average for the stock for the past 50 days is presently resting at $23.40, and the moving average for the past 200 days is currently at $25.36.
JBG SMITH Properties can be purchased for between $21.14 and $31.19 over a single calendar year. The value of the current ratio is 5.11, the value of the quick ratio is also 5.11, and the ratio that compares debt to equity is 0.71. The company currently has a market valuation of 2.48 billion dollars. It has a price-to-earnings ratio of 38.05, and its beta value is 0.89. Both of these metrics are impressive. According to other news concerning the company, on Friday, August 12, 2018, JBG SMITH Properties insider David Peter Paul sold 24,360 shares of the firm’s stock. This information was made public by the company. In the end, each share was sold for a total of $592,678.80, bringing the price to an average of $24.33 per share. The completion of the transaction has resulted in the business insider now directly owns 1,722 shares of the company. Based on the current stock price, these shares are worth $41,896.26. If you select this link, you will be redirected to the SEC filing in which the transaction was discussed in greater detail. Madhumita Moina Banerjee, the Chief Financial Officer of JBG Smith Properties, sold 26,000 shares of the company’s stock on Tuesday, August 16.
This information about JBG SMITH Properties was reportedly mentioned in other recent news. The total amount received for the sale of the shares was $622,700.00. This equates to an average price of $23.95 per share for each share purchased. Following the completion of the transaction, the chief financial officer will become the owner of 4,000 shares of corporate stock, the total value of which is approximately $95,800. The transaction was discussed in a legal document handed into the Securities and Exchange Commission and is available on their website. You can look it up there if you’re interested. In addition, on Friday, August 12, David Peter Paul, an executive within the company, sold 24,360 shares of the company’s stock. The amount of stock sold came to a total of $592,678.80, and the price received per share, which was the average selling price, was $24.33. Because of the transaction, the corporate insider now directly owns 1,722 shares of the company’s stock. Based on the stock’s current price, this gives the corporate insider a total value of $41,896.26. Disclosures that are related to the sale might be found in this section of the website. Business insiders sold 75,847 shares of company stock over the most recent fiscal period, resulting in a total transaction value of $1,814,787. The company’s insiders control 6.08% of the total number of shares that are currently outstanding.
Recently, the company’s stock market has seen significant activity from a variety of institutional investors, including hedge funds and other sorts of investment organizations, which have been buying and selling shares. Brown Advisory Inc. boosted the amount of JBG SMITH Properties stock that is owned by 6.5% over the period that encompassed the second quarter. After making an additional acquisition of 20,185 shares during the most recent fiscal quarter, Brown Advisory Inc. now has 328,405 shares, which are currently valued at $7,763,000. This brings the total number of shares owned by the firm to worth $7,763,000. During the second quarter of the fiscal year, Captrust Financial Advisors invested nearly 133 thousand dollars in a new investment they established in JBG Smith Properties. During the second quarter of the current fiscal year, JBF Capital Inc. boosted its holding in JBG Smith Properties by 2.9%. After making an extra purchase of 10,000 shares during the most recent quarter, JBF Capital Inc. is now the owner of 359,219 shares in the firm. The current value of these shares puts the company’s stock at $8,492,000. During the year’s second quarter, Eagle Bay Advisors LLC invested about 41,000 dollars in buying a new holding in JBG Smith Properties.
And finally, during the second quarter, Goldman Sachs Group Inc. boosted the amount of JBG SMITH Properties stock that is owned by 0.4%, bringing the total amount of stock it owned to 1.4%. The market value of the entire number of shares held by Goldman Sachs Group Inc. in its portfolio is $10,776,000, and the total number of shares held has climbed to 455,825. Compared to the previous quarter’s holdings, this implies an increase of 2,042 shares. The company’s stock is held in collective ownership by hedge funds and other institutional investors to 85.15 percent. An S&P 400 company, JBG Smith, has a varied portfolio of high-growth, mixed-use assets that it owns, operates, invests in, and develops in and around the Washington, DC, metropolitan area. These real estate holdings are situated within the city limits and surrounding areas. JBG Smith is the sole developer for Amazon’s future headquarters, which will be located in National Landing. National Landing is one of the neighborhoods the company has built in the Capital region that is thriving, full of amenities, and easy to get around on foot.