Curbline Properties (NYSE:CURB) Given New $31.00 Price Target at Piper Sandler

Curbline Properties (NYSE:CURB - Free Report) had its price target boosted by Piper Sandler from $28.00 to $31.00 in a research note issued to investors on Wednesday morning,Benzinga reports. The firm currently has an overweight rating on the stock.

Several other research analysts also recently commented on CURB. Compass Point lifted their target price on shares of Curbline Properties from $24.00 to $26.00 and gave the stock a "neutral" rating in a report on Wednesday. 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 on the stock. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, Curbline Properties currently has a consensus rating of "Hold" and a consensus price target of $25.82.

Curbline Properties Trading Down 2.1 %

Shares of Curbline Properties stock traded down $0.53 during midday trading on Wednesday, reaching $24.70. 431,753 shares of the company's stock traded hands, compared to its average volume of 467,009. The firm has a 50 day moving average of $23.82. Curbline Properties has a 52 week low of $18.80 and a 52 week 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 earnings per share for the quarter, beating analysts' consensus estimates of $0.22 by $0.01. On average, equities research analysts predict that Curbline Properties will post 0.59 earnings per share for the current year.

Curbline Properties Dividend Announcement

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

Institutional Investors Weigh In On Curbline Properties

A number of institutional investors have recently added to or reduced their stakes in CURB. GAMMA Investing LLC acquired a new position in shares of Curbline Properties in the 4th quarter worth approximately $29,000. Smartleaf Asset Management LLC acquired a new position in shares of Curbline Properties in the 4th quarter worth approximately $31,000. Quadrant Capital Group LLC acquired a new position in shares of Curbline Properties in the 4th quarter worth approximately $31,000. Covestor Ltd lifted its position in shares of Curbline Properties by 390.2% in the 4th 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. acquired a new position in shares of Curbline Properties in the 4th quarter worth approximately $62,000.

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.