GSI Capital Advisors LLC bought a new position in shares of Curbline Properties (NYSE:CURB - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 165,889 shares of the company's stock, valued at approximately $3,852,000. Curbline Properties accounts for approximately 2.0% of GSI Capital Advisors LLC's holdings, making the stock its 23rd largest position. GSI Capital Advisors LLC owned approximately 0.16% of Curbline Properties as of its most recent filing with the SEC.
A number of other institutional investors have also recently bought and sold shares of CURB. GAMMA Investing LLC acquired a new stake in Curbline Properties in the 4th quarter valued at approximately $29,000. Smartleaf Asset Management LLC acquired a new stake in shares of Curbline Properties in the fourth quarter valued at approximately $31,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Curbline Properties in the fourth quarter valued at approximately $62,000. Vestcor Inc bought a new stake in shares of Curbline Properties in the fourth quarter worth $73,000. Finally, KBC Group NV acquired a new position in Curbline Properties during the fourth quarter worth $89,000.
Wall Street Analyst Weigh In
Several brokerages have recently weighed in on CURB. 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 objective for the company. Piper Sandler raised their price target on Curbline Properties from $28.00 to $31.00 and gave the company an "overweight" rating in a research note on Wednesday, February 12th. Finally, Compass Point upped 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. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, Curbline Properties has an average rating of "Hold" and a consensus price target of $25.82.
Check Out Our Latest Stock Analysis on Curbline Properties
Curbline Properties Stock Performance
NYSE:CURB traded down $1.07 during mid-day trading on Friday, reaching $23.17. 1,151,425 shares of the company's stock were exchanged, compared to its average volume of 756,176. Curbline Properties has a one year low of $20.16 and a one year high of $25.69. The business's fifty day moving average is $24.28.
Curbline Properties (NYSE:CURB - Get Free Report) last issued its quarterly earnings results on Tuesday, February 11th. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.01. Sell-side analysts anticipate that Curbline Properties will post 1 EPS for the current year.
Curbline Properties Cuts Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 8th. Investors of record on Friday, March 14th will be paid a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 2.76%. The ex-dividend date of this dividend is Friday, March 14th.
About Curbline Properties
(
Free Report)
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.
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