State of Alaska Department of Revenue Makes New $2.30 Million Investment in Curbline Properties (NYSE:CURB)

State of Alaska Department of Revenue acquired a new position in shares of Curbline Properties (NYSE:CURB - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 99,207 shares of the company's stock, valued at approximately $2,302,000. State of Alaska Department of Revenue owned approximately 0.09% of Curbline Properties at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Curbline Properties during the fourth quarter worth about $62,000. Stratos Wealth Partners LTD. acquired a new position in shares of Curbline Properties in the fourth quarter worth about $219,000. Yousif Capital Management LLC acquired a new position in shares of Curbline Properties in the fourth quarter worth about $835,000. abrdn plc acquired a new position in shares of Curbline Properties in the fourth quarter worth about $16,081,000. Finally, KBC Group NV acquired a new position in shares of Curbline Properties in the fourth quarter worth about $89,000.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Morgan Stanley assumed coverage on Curbline Properties in a research note on Wednesday, January 29th. They issued an "equal weight" rating and a $27.00 price target on the stock. Compass Point boosted their price target on Curbline Properties from $24.00 to $26.00 and gave the stock a "neutral" rating in a research note on Wednesday. Finally, Piper Sandler boosted their price target on Curbline Properties from $28.00 to $31.00 and gave the stock an "overweight" rating in a research note on Wednesday. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $25.82.

Curbline Properties Stock Down 2.1 %

Curbline Properties stock traded down $0.53 during midday trading on Friday, hitting $24.70. The stock had a trading volume of 431,753 shares, compared to its average volume of 543,218. Curbline Properties has a 12 month low of $18.80 and a 12 month high of $25.69. The business's fifty day moving average is $23.80.

Curbline Properties (NYSE:CURB - Get Free Report) last announced its quarterly earnings data 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. As a group, equities research analysts anticipate that Curbline Properties will post 0.59 earnings per share for the current year.

Curbline Properties Announces Dividend

The business also recently announced a dividend, which was paid on Thursday, January 16th. Stockholders of record on Tuesday, December 31st were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Tuesday, December 31st.

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.