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BNP Paribas Financial Markets bought a new stake in shares of Curbline Properties (NYSE:CURB – Free Report) during the 4th quarter, HoldingsChannel reports. The firm bought 12,046 shares of the company’s stock, valued at approximately $280,000.
Several other institutional investors and hedge funds also recently bought and sold shares of CURB. Ameriprise Financial Inc. purchased a new position in Curbline Properties during the fourth quarter valued at approximately $5,104,000. Algert Global LLC purchased a new position in Curbline Properties during the fourth quarter valued at approximately $1,313,000. Schonfeld Strategic Advisors LLC purchased a new position in Curbline Properties during the fourth quarter valued at approximately $13,678,000. Northern Trust Corp grew its position in Curbline Properties by 2,582.7% during the fourth quarter. Northern Trust Corp now owns 1,360,627 shares of the company’s stock valued at $31,594,000 after purchasing an additional 1,309,909 shares in the last quarter. Finally, The Manufacturers Life Insurance Company purchased a new position in shares of Curbline Properties during the 4th quarter valued at $1,193,000.
Analysts Set New Price Targets
Several equities analysts have recently commented on the stock. Piper Sandler boosted their price target on shares of Curbline Properties from $28.00 to $31.00 and gave the company an “overweight” rating in a report on Wednesday, February 12th. Compass Point boosted their target price on Curbline Properties from $24.00 to $26.00 and gave the company a “neutral” rating in a research note on Wednesday, February 12th. Finally, Morgan Stanley lowered their target price on Curbline Properties from $27.00 to $26.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 24th. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $25.68.
View Our Latest Analysis on Curbline Properties
Curbline Properties Trading Up 2.4%
Shares of NYSE:CURB opened at $22.83 on Wednesday. Curbline Properties has a 1 year low of $20.16 and a 1 year high of $25.69. The firm has a fifty day moving average price of $23.14 and a 200 day moving average price of $23.67.
Curbline Properties (NYSE:CURB – Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The company reported $0.24 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.24. The company had revenue of $38.44 million for the quarter, compared to the consensus estimate of $34.51 million. The company’s revenue was up 38.2% on a year-over-year basis. As a group, research analysts anticipate that Curbline Properties will post 1 earnings per share for the current year.
Curbline Properties Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 9th. Shareholders of record on Wednesday, June 18th will be given a dividend of $0.16 per share. The ex-dividend date of this dividend is Wednesday, June 18th. This represents a $0.64 dividend on an annualized basis and a yield of 2.80%.
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.
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