Curbline Properties (NYSE:CURB) Given Average Recommendation of “Hold” by Analysts

Curbline Properties (NYSE:CURBGet Free Report) has been given an average recommendation of “Hold” by the eight ratings firms that are covering the company, Marketbeat reports. Five investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $25.82.

A number of research analysts have recently commented on CURB shares. Compass Point upped their price objective on shares of Curbline Properties from $24.00 to $26.00 and gave the company a “neutral” rating in a research note on Wednesday, February 12th. Morgan Stanley assumed coverage on shares of Curbline Properties in a report on Wednesday, January 29th. They issued an “equal weight” rating and a $27.00 price target on the stock. Finally, Piper Sandler upped their price objective on Curbline Properties from $28.00 to $31.00 and gave the stock an “overweight” rating in a report on Wednesday, February 12th.

Read Our Latest Stock Report on Curbline Properties

Institutional Investors Weigh In On Curbline Properties

Several institutional investors and hedge funds have recently modified their holdings of the stock. GAMMA Investing LLC purchased a new stake in shares of Curbline Properties during the fourth quarter valued at approximately $29,000. Quadrant Capital Group LLC purchased a new stake in Curbline Properties during the 4th quarter worth $31,000. Smartleaf Asset Management LLC acquired a new position in Curbline Properties in the 4th quarter worth $31,000. Covestor Ltd boosted its position in Curbline Properties by 390.2% in 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. Finally, GF Fund Management CO. LTD. acquired a new stake in shares of Curbline Properties during the fourth quarter valued at about $40,000.

Curbline Properties Stock Performance

Curbline Properties stock opened at $23.34 on Friday. The business’s 50-day moving average price is $24.14. Curbline Properties has a 12-month low of $20.16 and a 12-month high of $25.69.

Curbline Properties (NYSE:CURBGet Free Report) last issued its quarterly earnings results on Tuesday, February 11th. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.01. As a group, equities research analysts expect that Curbline Properties will post 1 EPS for the current fiscal year.

Curbline Properties Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 8th. Shareholders of record on Friday, March 14th will be paid a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.74%. The ex-dividend date of this dividend is Friday, March 14th.

About Curbline Properties

(Get Free Report

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.

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Analyst Recommendations for Curbline Properties (NYSE:CURB)

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