Y Intercept Hong Kong Ltd Invests $216,000 in Curbline Properties (NYSE:CURB)

Y Intercept Hong Kong Ltd bought a new stake in Curbline Properties (NYSE:CURB) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 9,310 shares of the company’s stock, valued at approximately $216,000.

Other institutional investors have also recently bought and sold shares of the company. GAMMA Investing LLC acquired a new stake in shares of Curbline Properties in the fourth quarter valued at about $29,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in Curbline Properties during the 4th quarter valued at approximately $62,000. KBC Group NV acquired a new stake in Curbline Properties in the 4th quarter valued at approximately $89,000. Stratos Wealth Partners LTD. bought a new position in Curbline Properties in the 4th quarter worth approximately $219,000. Finally, Pensionfund Sabic bought a new position in Curbline Properties in the 4th quarter worth approximately $232,000.

Curbline Properties Stock Performance

Shares of Curbline Properties stock opened at $24.18 on Wednesday. Curbline Properties has a 52-week low of $20.16 and a 52-week high of $25.69. The firm has a fifty day simple moving average of $24.09.

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

Curbline Properties Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 8th. Investors of record on Friday, March 14th will be paid a $0.16 dividend. This represents a $0.64 annualized dividend and a yield of 2.65%. The ex-dividend date is Friday, March 14th.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Piper Sandler raised their price objective on shares of Curbline Properties from $28.00 to $31.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 12th. Compass Point raised 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. Finally, Morgan Stanley began coverage on shares of Curbline Properties in a report on Wednesday, January 29th. They set an “equal weight” rating and a $27.00 price objective on the stock. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $25.82.

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.