Landscape Capital Management L.L.C. Makes New $424,000 Investment in Curbline Properties (NYSE:CURB)

Landscape Capital Management L.L.C. bought a new stake in shares of Curbline Properties (NYSE:CURB - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 18,243 shares of the company's stock, valued at approximately $424,000.

Other large investors also recently added to or reduced their stakes in the company. GAMMA Investing LLC bought a new position in shares of Curbline Properties during the 4th quarter valued at about $29,000. Smartleaf Asset Management LLC purchased a new stake in shares of Curbline Properties in the fourth quarter worth about $31,000. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Curbline Properties during the 4th quarter worth approximately $62,000. Vestcor Inc bought a new position in Curbline Properties during the fourth quarter valued at $73,000. Finally, KBC Group NV bought a new position in Curbline Properties during the fourth quarter valued at $89,000.

Analyst Ratings Changes

CURB has been the topic of several recent research reports. Morgan Stanley assumed coverage on shares of Curbline Properties in a research report on Wednesday, January 29th. They set an "equal weight" rating and a $27.00 target price on the stock. Piper Sandler upped their price objective on Curbline Properties from $28.00 to $31.00 and gave the company an "overweight" rating in a research report on Wednesday, February 12th. Finally, Compass Point raised their price objective on Curbline Properties from $24.00 to $26.00 and gave the company a "neutral" rating in a research note on Wednesday, February 12th. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $25.82.

Curbline Properties Price Performance

NYSE CURB traded up $0.56 during trading on Friday, hitting $22.56. The stock had a trading volume of 1,033,257 shares, compared to its average volume of 768,310. Curbline Properties has a one year low of $20.16 and a one year high of $25.69. The firm's 50 day moving average price is $23.90.

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 for the quarter, topping the consensus estimate of $0.22 by $0.01. As a group, equities research analysts expect that Curbline Properties will post 1 EPS for the current year.

Curbline Properties Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 8th. Stockholders of record on Friday, March 14th were given a dividend of $0.16 per share. The ex-dividend date was Friday, March 14th. This represents a $0.64 annualized dividend and a dividend yield of 2.84%.

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.