63,443 Shares in Curbline Properties (NYSE:CURB) Purchased by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of Curbline Properties (NYSE:CURB - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 63,443 shares of the company's stock, valued at approximately $1,491,000. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.06% of Curbline Properties at the end of the most recent quarter.

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 in the 4th quarter worth $29,000. Smartleaf Asset Management LLC bought a new stake in shares of Curbline Properties in the 4th quarter valued at about $31,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Curbline Properties in the 4th quarter valued at approximately $62,000. Vestcor Inc bought a new position in Curbline Properties during the 4th quarter worth approximately $73,000. Finally, KBC Group NV bought a new stake in Curbline Properties in the fourth quarter valued at approximately $89,000.

Analyst Ratings Changes

CURB has been the subject of several research analyst reports. Compass Point boosted their price target 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. Morgan Stanley started coverage on Curbline Properties in a research report on Wednesday, January 29th. They set an "equal weight" rating and a $27.00 price target on the stock. Finally, Piper Sandler increased their target price on Curbline Properties from $28.00 to $31.00 and gave the stock an "overweight" rating in a research note on Wednesday, February 12th. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat, Curbline Properties has an average rating of "Hold" and an average price target of $25.82.

Curbline Properties Stock Down 4.4 %

Shares of NYSE CURB traded down $1.07 during midday trading on Friday, reaching $23.17. The company's stock had a trading volume of 1,151,425 shares, compared to its average volume of 756,176. The stock has a 50 day simple moving average of $24.28. Curbline Properties has a fifty-two week low of $20.16 and a fifty-two week high of $25.69.

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. As a group, sell-side analysts expect 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 given a dividend of $0.16 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.64 annualized dividend and a yield of 2.76%.

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.