Resona Asset Management Co. Ltd. purchased a new stake in shares of Curbline Properties (NYSE:CURB - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 37,962 shares of the company's stock, valued at approximately $891,000.
A number of other large investors have also added to or reduced their stakes in the company. GAMMA Investing LLC bought a new position in shares of Curbline Properties during the 4th quarter valued at approximately $29,000. Pensionfund Sabic bought a new position in Curbline Properties during the fourth quarter valued at $232,000. Perpetual Ltd bought a new position in Curbline Properties during the fourth quarter valued at $438,000. Nisa Investment Advisors LLC purchased a new position in shares of Curbline Properties in the 4th quarter worth $811,000. Finally, SG Americas Securities LLC bought a new stake in shares of Curbline Properties in the 4th quarter worth about $316,000.
Curbline Properties Trading Up 0.7 %
Shares of NYSE CURB traded up $0.17 during mid-day trading on Wednesday, reaching $22.96. The company had a trading volume of 78,336 shares, compared to its average volume of 638,738. Curbline Properties has a 52 week low of $18.80 and a 52 week high of $25.69. The business's 50-day moving average is $23.83 and its 200-day moving average is $23.71.
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. Equities research analysts forecast that Curbline Properties will post 1 earnings per share for the current year.
Curbline Properties Cuts Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, April 8th. Stockholders of record on Friday, March 14th were paid a dividend of $0.16 per share. The ex-dividend date was Friday, March 14th. This represents a $0.64 annualized dividend and a dividend yield of 2.79%.
Wall Street Analyst Weigh In
CURB has been the subject of a number of analyst reports. Compass Point increased 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. Piper Sandler lifted their target price on 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 initiated coverage on 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 investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $25.82.
Get Our Latest Stock Analysis on CURB
About Curbline Properties
(
Free Report)
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.
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