Curbline Properties (NYSE:CURB) Receives Average Rating of “Hold” from Brokerages

Shares of Curbline Properties (NYSE:CURB) have been given an average rating of “Hold” by the eight ratings firms that are covering the firm, MarketBeat reports. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $25.82.

Several equities research analysts recently commented on CURB shares. Compass Point upped their target price on Curbline Properties from $24.00 to $26.00 and gave the company a “neutral” rating in a research report on Wednesday, February 12th. Piper Sandler raised their price objective on shares of Curbline Properties from $28.00 to $31.00 and gave the company an “overweight” rating in a research note on Wednesday, February 12th. Finally, Morgan Stanley assumed coverage on shares of 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.

Curbline Properties Trading Up 0.0 %

NYSE CURB opened at $24.75 on Wednesday. Curbline Properties has a fifty-two week low of $18.80 and a fifty-two week high of $25.69. The business’s fifty day moving average is $23.82.

Curbline Properties (NYSE:CURB) last announced 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. As a group, sell-side analysts predict that Curbline Properties will post 0.59 earnings per share for the current year.

Curbline Properties Dividend Announcement

The business also recently announced 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 was Tuesday, December 31st.

Institutional Investors Weigh In On Curbline Properties

A number of hedge funds have recently made changes to their positions in the business. Covestor Ltd raised its holdings in Curbline Properties by 390.2% during the 4th quarter. Covestor Ltd now owns 1,593 shares of the company’s stock valued at $37,000 after buying an additional 1,268 shares during the last quarter. GAMMA Investing LLC purchased a new stake in shares of Curbline Properties in the 4th quarter worth about $29,000. Quadrant Capital Group LLC purchased a new stake in shares of Curbline Properties in the 4th quarter worth about $31,000. Smartleaf Asset Management LLC purchased a new stake in Curbline Properties during the 4th quarter valued at about $31,000. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new stake in Curbline Properties during the 4th quarter valued at about $62,000.

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.