17,992 Shares in Curbline Properties (NYSE:CURB) Acquired by Van ECK Associates Corp

Van ECK Associates Corp purchased a new stake in shares of Curbline Properties (NYSE:CURB) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 17,992 shares of the company’s stock, valued at approximately $418,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Sumitomo Mitsui Trust Group Inc. purchased a new stake in Curbline Properties during the 4th quarter worth $18,320,000. abrdn plc purchased a new stake in Curbline Properties during the 4th quarter worth $16,081,000. State of Alaska Department of Revenue purchased a new stake in shares of Curbline Properties during the fourth quarter worth about $2,302,000. Waterfront Capital Partners LLC purchased a new stake in Curbline Properties during the 3rd quarter worth approximately $1,460,000. Finally, Louisiana State Employees Retirement System acquired a new stake in shares of Curbline Properties during the fourth quarter worth approximately $1,063,000.

Curbline Properties Trading Down 0.5 %

Shares of Curbline Properties stock opened at $24.33 on Friday. The stock’s fifty day moving average is $23.87. Curbline Properties has a 12-month low of $18.80 and a 12-month high of $25.69.

Curbline Properties (NYSE:CURB) last announced its earnings results on Tuesday, February 11th. The company reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.01. Equities research analysts predict that Curbline Properties will post 1 EPS for the current fiscal year.

Curbline Properties Dividend Announcement

The firm also recently declared 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 was Tuesday, December 31st.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on CURB. Morgan Stanley initiated coverage on Curbline Properties in a report on Wednesday, January 29th. They issued an “equal weight” rating and a $27.00 price target for the company. Piper Sandler lifted their target price on Curbline Properties from $28.00 to $31.00 and gave the company an “overweight” rating in a research note on Wednesday, February 12th. Finally, Compass Point boosted their price target on shares of Curbline Properties from $24.00 to $26.00 and gave the stock a “neutral” rating in a research 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 stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $25.82.

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.