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

Shares of Curbline Properties (NYSE:CURB - Get Free Report) have received a consensus rating of "Hold" from the eight analysts that are presently covering the stock, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $25.82.

A number of equities research analysts recently weighed in on CURB shares. Compass Point raised their price target on Curbline Properties from $24.00 to $26.00 and gave the company a "neutral" rating in a report on Wednesday, February 12th. Morgan Stanley started coverage on 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, Piper Sandler increased their price objective 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.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of CURB. GAMMA Investing LLC bought a new stake in shares of Curbline Properties during the fourth quarter worth approximately $29,000. Quadrant Capital Group LLC bought a new position in shares of Curbline Properties in the 4th quarter worth $31,000. Smartleaf Asset Management LLC acquired a new stake in shares of Curbline Properties during the fourth quarter worth $31,000. Covestor Ltd increased its holdings in Curbline Properties by 390.2% in the fourth quarter. Covestor Ltd now owns 1,593 shares of the company's stock valued at $37,000 after purchasing an additional 1,268 shares during the last quarter. Finally, GF Fund Management CO. LTD. acquired a new position in Curbline Properties in the fourth quarter valued at about $40,000.

Curbline Properties Stock Down 1.1 %

Shares of NYSE:CURB traded down $0.26 on Thursday, hitting $22.78. The stock had a trading volume of 282,196 shares, compared to its average volume of 764,398. The firm's 50 day moving average price is $23.83 and its 200-day moving average price is $23.71. Curbline Properties has a twelve month low of $20.16 and a twelve month high of $25.69.

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

Curbline Properties Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 8th. Shareholders of record on Friday, March 14th were issued 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 2.81%.

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.