State of New Jersey Common Pension Fund D Invests $3.66 Million in Curbline Properties (NYSE:CURB)

State of New Jersey Common Pension Fund D bought a new stake 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 (SEC). The fund bought 157,465 shares of the company's stock, valued at approximately $3,656,000. State of New Jersey Common Pension Fund D owned about 0.15% of Curbline Properties as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also modified their holdings of the company. Nisa Investment Advisors LLC acquired a new stake in shares of Curbline Properties in the fourth quarter valued at about $811,000. Sumitomo Mitsui DS Asset Management Company Ltd acquired a new position in Curbline Properties during the fourth quarter worth approximately $377,000. SG Americas Securities LLC acquired a new position in Curbline Properties during the fourth quarter worth approximately $316,000. Waterfront Capital Partners LLC acquired a new position in Curbline Properties during the third quarter worth approximately $1,460,000. Finally, Perpetual Ltd acquired a new position in Curbline Properties during the fourth quarter worth approximately $438,000.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on CURB. 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 report on Wednesday, February 12th. 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. Finally, Piper Sandler boosted their price objective on Curbline Properties from $28.00 to $31.00 and gave the stock an "overweight" rating in a report on Wednesday, February 12th. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, Curbline Properties currently has an average rating of "Hold" and an average target price of $25.82.

Curbline Properties Trading Down 0.5 %

Shares of CURB stock traded down $0.13 during trading on Friday, hitting $24.33. The company had a trading volume of 388,421 shares, compared to its average volume of 398,877. The stock's 50-day simple moving average is $23.87. Curbline Properties has a one year low of $18.80 and a one year 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 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.01. Analysts forecast that Curbline Properties will post 1 EPS for the current year.

Curbline Properties Announces Dividend

The company also recently disclosed a dividend, which was paid on Thursday, January 16th. Shareholders of record on Tuesday, December 31st were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Tuesday, December 31st.

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.