Louisiana State Employees Retirement System Purchases New Position in Curbline Properties (NYSE:CURB)

Louisiana State Employees Retirement System purchased a new stake in shares of Curbline Properties (NYSE:CURB - Free Report) in the fourth quarter, according to its most recent 13F filing with the SEC. The fund purchased 45,800 shares of the company's stock, valued at approximately $1,063,000.

A number of other hedge funds have also recently made changes to their positions in CURB. Sumitomo Mitsui DS Asset Management Company Ltd purchased a new position in Curbline Properties in the fourth quarter worth $377,000. Sumitomo Mitsui Trust Group Inc. purchased a new position in Curbline Properties in the fourth quarter worth $18,320,000. State of Alaska Department of Revenue purchased a new position in Curbline Properties in the fourth quarter worth $2,302,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in Curbline Properties in the fourth quarter worth $62,000. Finally, Stratos Wealth Partners LTD. purchased a new position in Curbline Properties in the fourth quarter worth $219,000.

Analyst Upgrades and Downgrades

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

Curbline Properties Trading Down 0.5 %

Shares of NYSE:CURB traded down $0.13 during midday trading on Friday, hitting $24.33. 388,421 shares of the stock traded hands, compared to its average volume of 517,930. The stock's 50 day simple moving average is $23.86. Curbline Properties has a one year low of $18.80 and a one year high of $25.69.

Curbline Properties (NYSE:CURB - Get Free Report) last issued its quarterly earnings data on Tuesday, February 11th. The company reported $0.23 EPS for the quarter, beating the consensus estimate of $0.22 by $0.01. As a group, research analysts forecast that Curbline Properties will post 1 EPS for the current fiscal year.

Curbline Properties Dividend Announcement

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

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.