Curbline Properties (NYSE:CURB) Receives $25.82 Consensus PT from Brokerages

Curbline Properties (NYSE:CURB) has been given a consensus recommendation of “Hold” by the eight analysts that are presently covering the company, MarketBeat.com reports. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is $25.82.

CURB has been the subject of a number of recent analyst reports. Piper Sandler boosted their target price on Curbline Properties from $28.00 to $31.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 12th. Morgan Stanley initiated 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 objective on the stock. Finally, Compass Point raised 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.

Institutional Investors Weigh In On Curbline Properties

A number of hedge funds have recently modified their holdings of the business. GAMMA Investing LLC purchased a new stake in Curbline Properties in the 4th quarter worth approximately $29,000. Smartleaf Asset Management LLC bought a new position in shares of Curbline Properties in the fourth quarter worth approximately $31,000. Quadrant Capital Group LLC purchased a new stake in shares of Curbline Properties in the fourth quarter worth $31,000. Covestor Ltd increased its stake in shares of Curbline Properties by 390.2% in the fourth quarter. Covestor Ltd now owns 1,593 shares of the company’s stock worth $37,000 after purchasing an additional 1,268 shares in the last quarter. Finally, GF Fund Management CO. LTD. bought a new stake in shares of Curbline Properties during the 4th quarter valued at $40,000.

Curbline Properties Stock Up 2.5 %

Shares of CURB opened at $22.56 on Thursday. Curbline Properties has a twelve month low of $20.16 and a twelve month high of $25.69. The firm’s 50 day moving average price is $23.90.

Curbline Properties (NYSE:CURB) last posted its earnings results on Tuesday, February 11th. The company reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.01. On average, sell-side analysts anticipate that Curbline Properties will post 1 EPS for the current fiscal year.

Curbline Properties Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 8th. Investors of record on Friday, March 14th were given a dividend of $0.16 per share. The ex-dividend date was Friday, March 14th. This represents a $0.64 annualized dividend and a yield of 2.84%.

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.