Sumitomo Mitsui DS Asset Management Company Ltd Takes Position in Curbline Properties (NYSE:CURB)

Sumitomo Mitsui DS Asset Management Company Ltd bought a new position in Curbline Properties (NYSE:CURB - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 16,246 shares of the company's stock, valued at approximately $377,000.

Several other large investors have also added to or reduced their stakes in CURB. Sumitomo Mitsui Trust Group Inc. bought a new stake in Curbline Properties in the fourth quarter valued at $18,320,000. abrdn plc bought a new stake in shares of Curbline Properties during the 4th quarter valued at $16,081,000. State of Alaska Department of Revenue bought a new stake in shares of Curbline Properties during the 4th quarter valued at $2,302,000. Waterfront Capital Partners LLC bought a new stake in shares of Curbline Properties during the 3rd quarter valued at $1,460,000. Finally, Yousif Capital Management LLC bought a new stake in shares of Curbline Properties during the 4th quarter valued at $835,000.

Curbline Properties Price Performance

Curbline Properties stock traded down $0.53 during mid-day trading on Friday, reaching $24.70. The stock had a trading volume of 431,753 shares, compared to its average volume of 467,009. The company's 50-day moving average price is $23.82. Curbline Properties has a one year low of $18.80 and a one year high of $25.69.

Curbline Properties (NYSE:CURB - Get Free Report) last announced its quarterly earnings results on Tuesday, February 11th. The company reported $0.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.22 by $0.01. On average, equities analysts expect that Curbline Properties will post 0.59 EPS for the current fiscal year.

Curbline Properties Announces Dividend

The firm also recently announced a dividend, which was paid on Thursday, January 16th. Shareholders of record on Tuesday, December 31st were given a $0.25 dividend. The ex-dividend date of this dividend was Tuesday, December 31st.

Analysts Set New Price Targets

A number of analysts have recently commented on CURB shares. Morgan Stanley started coverage on shares of Curbline Properties in a report on Wednesday, January 29th. They set an "equal weight" rating and a $27.00 target price on the stock. Piper Sandler boosted their target price on shares of Curbline Properties from $28.00 to $31.00 and gave the company an "overweight" rating in a report on Wednesday. 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 report on Wednesday. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $25.82.

About Curbline Properties

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.