Peregrine Capital Management LLC Takes Position in Curbline Properties (NYSE:CURB)

Peregrine Capital Management LLC purchased a new position in shares of Curbline Properties (NYSE:CURB - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 292,136 shares of the company's stock, valued at approximately $6,783,000. Peregrine Capital Management LLC owned 0.28% of Curbline Properties as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also added to or reduced their stakes in the company. GAMMA Investing LLC acquired a new stake in shares of Curbline Properties during the fourth quarter worth about $29,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Curbline Properties during the 4th quarter valued at approximately $62,000. KBC Group NV acquired a new stake in Curbline Properties during the 4th quarter valued at approximately $89,000. Stratos Wealth Partners LTD. purchased a new stake in shares of Curbline Properties in the 4th quarter valued at $219,000. Finally, Pensionfund Sabic acquired a new stake in shares of Curbline Properties in the fourth quarter worth $232,000.

Curbline Properties Stock Down 0.5 %

Shares of CURB stock traded down $0.13 during mid-day trading on Friday, hitting $24.33. 388,421 shares of the stock were exchanged, compared to its average volume of 398,877. Curbline Properties has a 52-week low of $18.80 and a 52-week high of $25.69. The stock's fifty day moving average price is $23.87.

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. On average, analysts anticipate that Curbline Properties will post 1 earnings per share for the current fiscal year.

Curbline Properties Dividend Announcement

The business also recently declared a dividend, which was paid on Thursday, January 16th. Investors of record on Tuesday, December 31st were paid a $0.25 dividend. The ex-dividend date was Tuesday, December 31st.

Analysts Set New Price Targets

A number of research analysts recently issued reports on CURB shares. Compass Point boosted their target price on shares of 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 boosted their price objective on Curbline Properties from $28.00 to $31.00 and gave the company an "overweight" rating in a report on Wednesday, February 12th. Finally, Morgan Stanley began coverage on Curbline Properties in a research note on Wednesday, January 29th. They issued an "equal weight" rating and a $27.00 target price on the stock. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $25.82.

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.