Curbline Properties (NYSE:CURB) Receives $25.82 Consensus Target Price from Analysts

Shares of Curbline Properties (NYSE:CURB - Get Free Report) have been assigned a consensus rating of "Hold" from the eight analysts that are currently covering the firm, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $25.82.

Several analysts have weighed in on CURB shares. Morgan Stanley initiated coverage on Curbline Properties in a research note on Wednesday, January 29th. They set an "equal weight" rating and a $27.00 price target on the stock. Piper Sandler increased their price target on shares of Curbline Properties from $28.00 to $31.00 and gave the stock an "overweight" rating in a report on Wednesday, February 12th. Finally, Compass Point lifted 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.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in CURB. Nisa Investment Advisors LLC purchased a new stake in Curbline Properties during the 4th quarter worth approximately $811,000. Rhumbline Advisers acquired a new stake in Curbline Properties in the 4th quarter valued at about $6,986,000. Victory Capital Management Inc. purchased a new position in Curbline Properties in the 4th quarter worth approximately $25,977,000. Sumitomo Mitsui DS Asset Management Company Ltd acquired a new position in shares of Curbline Properties during the 4th quarter worth approximately $377,000. Finally, Principal Financial Group Inc. acquired a new stake in shares of Curbline Properties in the fourth quarter valued at approximately $12,606,000.

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Curbline Properties Stock Down 0.3 %

Shares of CURB traded down $0.06 during mid-day trading on Friday, hitting $23.83. 557,614 shares of the company traded hands, compared to its average volume of 568,698. The firm's 50 day simple moving average is $24.18. Curbline Properties has a 1-year low of $18.80 and a 1-year high of $25.69.

Curbline Properties (NYSE:CURB - Get Free Report) last posted 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, research analysts anticipate that Curbline Properties will post 1 EPS for the current fiscal year.

Curbline Properties Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 8th. Shareholders of record on Friday, March 14th will be issued a $0.16 dividend. This represents a $0.64 annualized dividend and a yield of 2.69%. The ex-dividend date is Friday, March 14th.

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.