Van ECK Associates Corp Buys Shares of 17,992 Curbline Properties (NYSE:CURB)

Van ECK Associates Corp bought a new stake in shares of Curbline Properties (NYSE:CURB - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 17,992 shares of the company's stock, valued at approximately $418,000.

Other large investors have also recently made changes to their positions in the company. Sumitomo Mitsui Trust Group Inc. bought a new stake in Curbline Properties during the fourth quarter worth about $18,320,000. abrdn plc purchased a new position in Curbline Properties during the fourth quarter valued at approximately $16,081,000. State of Alaska Department of Revenue bought a new position in shares of Curbline Properties in the fourth quarter worth about $2,302,000. Waterfront Capital Partners LLC purchased a new position in Curbline Properties during the third quarter valued at $1,460,000. Finally, Louisiana State Employees Retirement System bought a new stake in Curbline Properties in the fourth quarter worth $1,063,000.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on CURB. Piper Sandler lifted 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 set an "equal weight" rating and a $27.00 price objective for the company. Finally, Compass Point raised their price objective on Curbline Properties from $24.00 to $26.00 and gave the company a "neutral" rating in a report on Wednesday, February 12th. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Curbline Properties presently has a consensus rating of "Hold" and a consensus target price of $25.82.

Curbline Properties Trading Down 0.4 %

Curbline Properties stock traded down $0.11 during trading on Wednesday, reaching $24.57. 94,919 shares of the company's stock were exchanged, compared to its average volume of 497,714. Curbline Properties has a 52-week low of $18.80 and a 52-week high of $25.69. The business's 50-day simple moving average is $23.91.

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

Curbline Properties Dividend Announcement

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

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.