SG Americas Securities LLC Takes $316,000 Position in Curbline Properties (NYSE:CURB)

SG Americas Securities LLC acquired a new stake in Curbline Properties (NYSE:CURB) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 13,622 shares of the company’s stock, valued at approximately $316,000.

Several other hedge funds have also added to or reduced their stakes in CURB. Waterfront Capital Partners LLC acquired a new stake in shares of Curbline Properties in the third quarter valued at approximately $1,460,000. Nisa Investment Advisors LLC bought a new position in shares of Curbline Properties in the fourth quarter valued at $811,000. Perpetual Ltd acquired a new position in Curbline Properties during the fourth quarter worth $438,000. Pensionfund Sabic bought a new stake in Curbline Properties during the fourth quarter worth $232,000. Finally, GAMMA Investing LLC acquired a new stake in Curbline Properties in the fourth quarter valued at $29,000.

Curbline Properties Stock Performance

CURB stock opened at $24.58 on Wednesday. Curbline Properties has a 52 week low of $18.80 and a 52 week high of $25.67. The company has a 50-day simple moving average of $23.72.

Curbline Properties Announces Dividend

The firm 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.

Analyst Upgrades and Downgrades

CURB has been the topic of several recent analyst reports. Compass Point initiated coverage on shares of Curbline Properties in a research note on Wednesday, January 15th. They set a “neutral” rating and a $24.00 price objective on the stock. Truist Financial assumed coverage on Curbline Properties in a research note on Tuesday, October 8th. They set a “hold” rating and a $22.00 target price for the company. Morgan Stanley began coverage on Curbline Properties in a report on Wednesday, January 29th. They set an “equal weight” rating and a $27.00 price target for the company. Piper Sandler initiated coverage on shares of Curbline Properties in a report on Thursday, October 17th. They issued an “overweight” rating and a $28.00 price objective on the stock. Finally, Citigroup assumed coverage on shares of Curbline Properties in a research note on Tuesday, October 8th. They set a “neutral” rating and a $25.00 target price for the company. Five analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $25.11.

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.