Mutual of America Capital Management LLC Purchases Shares of 14,321 Curbline Properties (NYSE:CURB)

Mutual of America Capital Management LLC acquired a new position in Curbline Properties (NYSE:CURB - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 14,321 shares of the company's stock, valued at approximately $333,000.

Several other hedge funds have also modified their holdings of CURB. Nisa Investment Advisors LLC purchased a new stake in Curbline Properties during the fourth quarter valued at $811,000. Rhumbline Advisers bought a new position in shares of Curbline Properties in the 4th quarter valued at about $6,986,000. Sumitomo Mitsui DS Asset Management Company Ltd purchased a new position in Curbline Properties in the fourth quarter worth about $377,000. Principal Financial Group Inc. bought a new stake in Curbline Properties during the fourth quarter worth approximately $12,606,000. Finally, SG Americas Securities LLC purchased a new stake in Curbline Properties during the fourth quarter valued at approximately $316,000.

Analyst Upgrades and Downgrades

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

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Curbline Properties Price Performance

CURB traded down $0.97 on Thursday, reaching $23.22. 325,068 shares of the company traded hands, compared to its average volume of 712,735. Curbline Properties has a one year low of $20.16 and a one year high of $25.69. The firm has a fifty day moving average price of $24.15.

Curbline Properties (NYSE:CURB - Get Free Report) last posted its quarterly earnings results on Tuesday, February 11th. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.01. On average, equities analysts anticipate that Curbline Properties will post 1 earnings per share for the current fiscal year.

Curbline Properties Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 8th. Stockholders of record on Friday, March 14th will be given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.76%. The ex-dividend date of this dividend is Friday, March 14th.

Curbline Properties Company Profile

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.