DRW Securities LLC Takes Position in Curbline Properties (NYSE:CURB)

DRW Securities LLC acquired a new position in shares of Curbline Properties (NYSE:CURB - Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 17,861 shares of the company's stock, valued at approximately $415,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. GAMMA Investing LLC acquired a new stake in Curbline Properties during the fourth quarter valued at approximately $29,000. Quadrant Capital Group LLC bought a new position in Curbline Properties in the 4th quarter valued at about $31,000. Smartleaf Asset Management LLC acquired a new stake in Curbline Properties in the fourth quarter worth approximately $31,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Curbline Properties in the fourth quarter valued at $62,000. Finally, Vestcor Inc bought a new stake in shares of Curbline Properties in the 4th quarter worth approximately $73,000.

Curbline Properties Trading Up 0.5 %

CURB stock traded up $0.11 during mid-day trading on Wednesday, reaching $22.90. The company's stock had a trading volume of 166,395 shares, compared to its average volume of 760,034. Curbline Properties has a 12 month low of $20.16 and a 12 month high of $25.69. The business's 50 day moving average price is $23.83 and its 200 day moving average price is $23.71.

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 for the quarter, beating the consensus estimate of $0.22 by $0.01. Research analysts forecast that Curbline Properties will post 1 earnings per share for the current year.

Curbline Properties Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 8th. Shareholders of record on Friday, March 14th were paid a $0.16 dividend. This represents a $0.64 annualized dividend and a yield of 2.79%. The ex-dividend date of this dividend was Friday, March 14th.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Compass Point increased 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 assumed coverage on Curbline Properties in a research report on Wednesday, January 29th. They set an "equal weight" rating and a $27.00 target price for the company. Finally, Piper Sandler boosted their price objective on Curbline Properties from $28.00 to $31.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 12th. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $25.82.

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.