Barclays PLC Invests $4.04 Million in Curbline Properties (NYSE:CURB)

Barclays PLC acquired a new stake in Curbline Properties (NYSE:CURB - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 173,920 shares of the company's stock, valued at approximately $4,039,000. Barclays PLC owned about 0.17% of Curbline Properties at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. GAMMA Investing LLC acquired a new position in shares of Curbline Properties during the 4th quarter worth about $29,000. Quadrant Capital Group LLC acquired a new position in Curbline Properties during the fourth quarter valued at approximately $31,000. Smartleaf Asset Management LLC bought a new stake in Curbline Properties in the fourth quarter valued at approximately $31,000. Covestor Ltd raised its holdings in Curbline Properties by 390.2% in the fourth quarter. Covestor Ltd now owns 1,593 shares of the company's stock worth $37,000 after purchasing an additional 1,268 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Curbline Properties during the fourth quarter worth $62,000.

Analyst Ratings Changes

Several brokerages recently commented on CURB. Compass Point raised their price objective on Curbline Properties from $24.00 to $26.00 and gave the stock a "neutral" rating in a research note on Wednesday, February 12th. Morgan Stanley cut their price objective on Curbline Properties from $27.00 to $26.00 and set an "equal weight" rating on the stock in a report on Thursday. Finally, Piper Sandler increased their target price on Curbline Properties from $28.00 to $31.00 and gave the stock an "overweight" rating in a research note on Wednesday, February 12th. Five 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 has a consensus rating of "Hold" and an average price target of $25.68.

Curbline Properties Stock Up 1.0 %

Shares of CURB opened at $23.28 on Monday. Curbline Properties has a twelve month low of $20.16 and a twelve month high of $25.69. The company has a 50 day moving average of $23.56 and a 200-day moving average of $23.69.

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

Curbline Properties Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 8th. Investors of record on Friday, March 14th were given a dividend of $0.16 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.64 annualized dividend and a yield of 2.75%.

Curbline Properties Company 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.

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