Aew Capital Management L P Purchases Shares of 610,627 Curbline Properties (NYSE:CURB)

Aew Capital Management L P purchased a new position in Curbline Properties (NYSE:CURB - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 610,627 shares of the company's stock, valued at approximately $14,179,000. Aew Capital Management L P owned 0.58% of Curbline Properties at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CURB. Nisa Investment Advisors LLC purchased a new position in shares of Curbline Properties during the fourth quarter worth approximately $811,000. Rhumbline Advisers bought a new position in Curbline Properties in the fourth quarter worth approximately $6,986,000. Sumitomo Mitsui DS Asset Management Company Ltd purchased a new position in Curbline Properties during the 4th quarter worth $377,000. SG Americas Securities LLC bought a new stake in Curbline Properties during the 4th quarter valued at $316,000. Finally, Waterfront Capital Partners LLC purchased a new stake in shares of Curbline Properties in the 3rd quarter worth $1,460,000.

Analyst Ratings Changes

Several research firms recently weighed in on CURB. Piper Sandler lifted their price objective on Curbline Properties from $28.00 to $31.00 and gave the company an "overweight" rating in a report on Wednesday, February 12th. Morgan Stanley assumed coverage on shares of Curbline Properties in a report on Wednesday, January 29th. They issued an "equal weight" rating and a $27.00 price target for the company. Finally, Compass Point increased their price objective on shares of Curbline Properties from $24.00 to $26.00 and gave the company a "neutral" rating in a research note on Wednesday, February 12th. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, Curbline Properties presently has an average rating of "Hold" and a consensus price target of $25.82.

Curbline Properties Stock Performance

Shares of NYSE:CURB traded down $0.24 during trading on Monday, reaching $24.39. The stock had a trading volume of 205,305 shares, compared to its average volume of 716,854. The stock has a 50-day moving average of $24.06. Curbline Properties has a one year low of $20.16 and a one year high of $25.69.

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

Curbline Properties Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 8th. Shareholders of record on Friday, March 14th will be paid a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 2.62%. The ex-dividend date 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.