UniSuper Management Pty Ltd Buys New Holdings in Curbline Properties (NYSE:CURB)

UniSuper Management Pty Ltd purchased a new position in shares of Curbline Properties (NYSE:CURB - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 26,550 shares of the company's stock, valued at approximately $616,000.

Several other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. bought a new position in shares of Curbline Properties during the 4th quarter valued at $28,313,000. WINTON GROUP Ltd acquired a new position in Curbline Properties during the fourth quarter worth $6,155,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Curbline Properties during the fourth quarter valued at about $1,491,000. Signature Estate & Investment Advisors LLC acquired a new stake in shares of Curbline Properties in the fourth quarter worth about $200,000. Finally, Prudential Financial Inc. bought a new stake in shares of Curbline Properties during the 4th quarter worth about $2,255,000.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. Compass Point raised their price objective on Curbline Properties from $24.00 to $26.00 and gave the company a "neutral" rating in a research note on Wednesday, February 12th. Morgan Stanley initiated coverage on shares of Curbline Properties in a research report on Wednesday, January 29th. They issued an "equal weight" rating and a $27.00 price target on the stock. Finally, Piper Sandler upped their price objective on shares of Curbline Properties from $28.00 to $31.00 and gave the stock an "overweight" rating in a report on Wednesday, February 12th. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $25.82.

Curbline Properties Stock Down 4.4 %

Shares of CURB stock traded down $1.07 during trading hours on Friday, reaching $23.17. 1,151,425 shares of the company's stock were exchanged, compared to its average volume of 756,176. Curbline Properties has a fifty-two week low of $20.16 and a fifty-two week high of $25.69. The business's fifty day simple moving average is $24.28.

Curbline Properties (NYSE:CURB - Get Free Report) last released its earnings results on Tuesday, February 11th. The company reported $0.23 EPS for the quarter, beating the consensus estimate of $0.22 by $0.01. As a group, equities analysts predict that Curbline Properties will post 1 EPS for the current fiscal year.

Curbline Properties Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 8th. Investors of record on Friday, March 14th will be paid a $0.16 dividend. This represents a $0.64 annualized dividend and a dividend yield of 2.76%. The ex-dividend date of this dividend is Friday, March 14th.

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.