10,816 Shares in Curbline Properties (NYSE:CURB) Bought by Metis Global Partners LLC

Metis Global Partners LLC acquired a new stake in shares of Curbline Properties (NYSE:CURB - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 10,816 shares of the company's stock, valued at approximately $251,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. GAMMA Investing LLC bought a new stake in shares of Curbline Properties during the 4th quarter valued at approximately $29,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Curbline Properties in the fourth quarter valued at approximately $62,000. KBC Group NV bought a new stake in shares of Curbline Properties during the fourth quarter worth $89,000. Y Intercept Hong Kong Ltd acquired a new position in shares of Curbline Properties during the fourth quarter worth $216,000. Finally, Stratos Wealth Partners LTD. bought a new position in shares of Curbline Properties in the 4th quarter valued at $219,000.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Morgan Stanley initiated coverage on Curbline Properties in a research report on Wednesday, January 29th. They set an "equal weight" rating and a $27.00 price objective on the stock. Piper Sandler boosted their price target on Curbline Properties from $28.00 to $31.00 and gave the stock an "overweight" rating in a report on Wednesday, February 12th. Finally, Compass Point raised their price objective 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 research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $25.82.

Remove Ads

Curbline Properties Trading Down 2.3 %

CURB traded down $0.55 during trading on Monday, reaching $23.37. 890,519 shares of the stock traded hands, compared to its average volume of 711,293. The company has a 50-day simple moving average of $24.11. Curbline Properties has a 12 month low of $20.16 and a 12 month high of $25.69.

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

Curbline Properties Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 8th. Investors of record on Friday, March 14th will be issued a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.74%. The ex-dividend date of this dividend is Friday, March 14th.

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.