TCW Group Inc. Takes Position in Curbline Properties (NYSE:CURB)

TCW Group Inc. purchased a new stake in shares of Curbline Properties (NYSE:CURB - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 120,700 shares of the company's stock, valued at approximately $2,803,000. TCW Group Inc. owned approximately 0.11% of Curbline Properties at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. GAMMA Investing LLC acquired a new position in shares of Curbline Properties in the 4th quarter valued at $29,000. Mirae Asset Global Investments Co. Ltd. purchased a new stake in Curbline Properties during the 4th quarter valued at about $62,000. KBC Group NV acquired a new position in shares of Curbline Properties in the fourth quarter valued at about $89,000. Stratos Wealth Partners LTD. purchased a new position in shares of Curbline Properties in the fourth quarter worth about $219,000. Finally, Pensionfund Sabic purchased a new position in shares of Curbline Properties in the fourth quarter worth about $232,000.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on CURB shares. Piper Sandler upped their target price on Curbline Properties from $28.00 to $31.00 and gave the company an "overweight" rating in a research report on Wednesday, February 12th. Morgan Stanley began coverage on shares of Curbline Properties in a research note on Wednesday, January 29th. They issued an "equal weight" rating and a $27.00 price objective on the stock. Finally, Compass Point boosted their target price on shares of Curbline Properties from $24.00 to $26.00 and gave the company a "neutral" rating in a research report on Wednesday, February 12th. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $25.82.

Curbline Properties Price Performance

Shares of CURB traded down $0.23 during trading hours on Thursday, hitting $24.42. The stock had a trading volume of 527,149 shares, compared to its average volume of 504,972. The business's 50-day moving average is $23.96. Curbline Properties has a fifty-two week low of $18.80 and a fifty-two week high of $25.69.

Curbline Properties (NYSE:CURB - Get Free Report) last issued its quarterly earnings data on Tuesday, February 11th. The company reported $0.23 earnings per share for the quarter, topping analysts' consensus estimates of $0.22 by $0.01. Equities analysts expect that Curbline Properties will post 1 EPS for the current year.

Curbline Properties Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, April 8th. Shareholders of record on Friday, March 14th will be issued a $0.16 dividend. The ex-dividend date of this dividend is Friday, March 14th.

Curbline Properties Profile

Curbline Properties Corp. is a real estate investment trust which is an owner and manager of convenience shopping centers positioned on the curbline of well-trafficked intersections and major vehicular corridors in suburban. Curbline Properties Corp. is based in NEW YORK.