11,796 Shares in Curbline Properties (NYSE:CURB) Purchased by Proficio Capital Partners LLC

Proficio Capital Partners LLC acquired a new position in Curbline Properties (NYSE:CURB - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 11,796 shares of the company's stock, valued at approximately $274,000.

Other institutional investors have also added to or reduced their stakes in the company. GAMMA Investing LLC purchased a new position in Curbline Properties in the 4th quarter worth about $29,000. Smartleaf Asset Management LLC bought a new stake in shares of Curbline Properties during the fourth quarter valued at approximately $31,000. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Curbline Properties in the fourth quarter valued at approximately $62,000. KBC Group NV bought a new position in Curbline Properties in the fourth quarter worth approximately $89,000. Finally, Y Intercept Hong Kong Ltd purchased a new position in Curbline Properties during the 4th quarter worth $216,000.

Wall Street Analysts Forecast Growth

CURB has been the topic of a number of recent research reports. Morgan Stanley began 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. Piper Sandler increased their price objective on shares of Curbline Properties from $28.00 to $31.00 and gave the company an "overweight" rating in a research note on Wednesday, February 12th. Finally, Compass Point boosted their price objective 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. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, Curbline Properties has an average rating of "Hold" and a consensus target price of $25.82.

Curbline Properties Trading Down 0.8 %

Curbline Properties stock traded down $0.20 during mid-day trading on Friday, reaching $23.85. 420,224 shares of the company traded hands, compared to its average volume of 748,707. The company has a fifty day moving average price of $24.23. 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 EPS for the quarter, topping analysts' consensus estimates of $0.22 by $0.01. On average, sell-side analysts predict that Curbline Properties will post 1 EPS for the current fiscal year.

Curbline Properties Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 8th. Shareholders 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 yield of 2.68%. The ex-dividend date of this dividend is Friday, March 14th.

Curbline Properties 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.