Diamond Hill Capital Management Inc. Takes $1.90 Million Position in Curbline Properties (NYSE:CURB)

Diamond Hill Capital Management Inc. purchased a new stake in Curbline Properties (NYSE:CURB - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 81,966 shares of the company's stock, valued at approximately $1,903,000. Diamond Hill Capital Management Inc. owned about 0.08% of Curbline Properties at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CURB. Waterfront Capital Partners LLC purchased a new stake in Curbline Properties in the third quarter valued at $1,460,000. GAMMA Investing LLC purchased a new stake in shares of Curbline Properties in the fourth quarter valued at about $29,000. Pensionfund Sabic purchased a new stake in shares of Curbline Properties in the fourth quarter valued at about $232,000. Perpetual Ltd purchased a new stake in shares of Curbline Properties in the fourth quarter valued at about $438,000. Finally, Nisa Investment Advisors LLC purchased a new stake in shares of Curbline Properties in the fourth quarter valued at about $811,000.

Analyst Ratings Changes

A number of equities research analysts have recently commented on CURB shares. Morgan Stanley started coverage on shares of Curbline Properties in a report on Wednesday, January 29th. They issued an "equal weight" rating and a $27.00 target price for the company. Piper Sandler upped their target price on shares of Curbline Properties from $28.00 to $31.00 and gave the company an "overweight" rating in a report on Wednesday, February 12th. Finally, Compass Point upped their target price on shares of Curbline Properties from $24.00 to $26.00 and gave the company a "neutral" rating in a report on Wednesday, February 12th. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $25.82.

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Curbline Properties Trading Down 0.9 %

CURB traded down $0.22 on Wednesday, hitting $23.67. 781,496 shares of the company were exchanged, compared to its average volume of 710,393. The business has a fifty day moving average price of $24.18. Curbline Properties has a fifty-two week low of $20.16 and a fifty-two week high of $25.69.

Curbline Properties (NYSE:CURB - Get Free Report) last issued its earnings results on Tuesday, February 11th. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.01. Analysts predict 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. Stockholders of record on Friday, March 14th will be given a $0.16 dividend. The ex-dividend date is Friday, March 14th. This represents a $0.64 annualized dividend and a dividend yield of 2.70%.

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.