State of Tennessee Department of Treasury Buys Shares of 41,864 Curbline Properties (NYSE:CURB)

State of Tennessee Department of Treasury purchased a new stake in Curbline Properties (NYSE:CURB - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 41,864 shares of the company's stock, valued at approximately $972,000.

Several other large investors have also modified their holdings of the stock. Teachers Retirement System of The State of Kentucky purchased a new stake in Curbline Properties in the 4th quarter worth approximately $674,000. Lasalle Investment Management Securities LLC acquired a new position in Curbline Properties in the 4th quarter worth about $17,490,000. MetLife Investment Management LLC acquired a new stake in shares of Curbline Properties during the 4th quarter valued at about $1,415,000. Dimensional Fund Advisors LP acquired a new position in shares of Curbline Properties during the 4th quarter worth $31,425,000. Finally, First Trust Advisors LP acquired a new position in Curbline Properties during the fourth quarter worth $419,000.

Analyst Upgrades and Downgrades

CURB has been the topic of several analyst reports. Piper Sandler increased their price target on Curbline Properties from $28.00 to $31.00 and gave the company an "overweight" rating in a report on Wednesday, February 12th. Compass Point upped their price objective on Curbline Properties from $24.00 to $26.00 and gave the stock a "neutral" rating in a report on Wednesday, February 12th. Finally, Morgan Stanley cut their price target on Curbline Properties from $27.00 to $26.00 and set an "equal weight" rating on the stock in a research note on Thursday, April 24th. Five analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to MarketBeat, Curbline Properties has a consensus rating of "Hold" and a consensus price target of $25.68.

Curbline Properties Stock Up 0.4 %

Shares of NYSE:CURB traded up $0.09 during trading on Wednesday, hitting $23.62. 36,870 shares of the company were exchanged, compared to its average volume of 637,513. The firm has a fifty day moving average price of $23.39 and a two-hundred day moving average price of $23.69. Curbline Properties has a fifty-two week low of $18.80 and a fifty-two week high of $25.69.

Curbline Properties (NYSE:CURB - Get Free Report) last announced its earnings results on Thursday, April 24th. The company reported $0.24 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.24. The business had revenue of $38.44 million during the quarter, compared to the consensus estimate of $34.51 million. Curbline Properties's revenue was up 38.2% compared to the same quarter last year. Equities research analysts expect that Curbline Properties will post 1 earnings per share for the current fiscal year.

Curbline Properties Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 8th. Shareholders 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 2.71%.

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.