Natixis Advisors LLC Takes $1.79 Million Position in Curbline Properties (NYSE:CURB)

Natixis Advisors LLC bought a new stake in Curbline Properties (NYSE:CURB) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 77,167 shares of the company’s stock, valued at approximately $1,792,000. Natixis Advisors LLC owned 0.07% of Curbline Properties as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of CURB. GAMMA Investing LLC bought a new stake in Curbline Properties in the fourth quarter valued at approximately $29,000. Smartleaf Asset Management LLC bought a new stake in Curbline Properties in the 4th quarter valued at $31,000. Mirae Asset Global Investments Co. Ltd. bought a new position in Curbline Properties during the fourth quarter worth $62,000. Vestcor Inc acquired a new position in shares of Curbline Properties in the fourth quarter valued at $73,000. Finally, KBC Group NV bought a new position in shares of Curbline Properties in the fourth quarter valued at about $89,000.

Analyst Ratings Changes

Several analysts recently commented on CURB shares. Compass Point lifted their target price on shares of Curbline Properties from $24.00 to $26.00 and gave the stock a “neutral” rating in a report on Wednesday, February 12th. Piper Sandler upped their target price on Curbline Properties from $28.00 to $31.00 and gave the company an “overweight” rating in a research report on Wednesday, February 12th. Finally, Morgan Stanley started 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. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, Curbline Properties has an average rating of “Hold” and an average target price of $25.82.

Curbline Properties Stock Up 1.9 %

Shares of NYSE CURB opened at $23.74 on Tuesday. Curbline Properties has a fifty-two week low of $20.16 and a fifty-two week high of $25.69. The firm has a fifty day moving average of $24.21.

Curbline Properties (NYSE:CURB) last posted its quarterly earnings data on Tuesday, February 11th. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.01. As a group, equities research analysts forecast that Curbline Properties will post 1 EPS for the current fiscal year.

Curbline Properties Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 8th. Investors of record on Friday, March 14th will be given a dividend of $0.16 per share. The ex-dividend date is Friday, March 14th. This represents a $0.64 annualized dividend and a dividend yield of 2.70%.

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.