Barclays PLC Makes New $4.04 Million Investment in Curbline Properties (NYSE:CURB)

Barclays PLC acquired a new position in Curbline Properties (NYSE:CURB - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 173,920 shares of the company's stock, valued at approximately $4,039,000. Barclays PLC owned 0.17% of Curbline Properties at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of CURB. GAMMA Investing LLC acquired a new stake in shares of Curbline Properties during the 4th quarter worth approximately $29,000. Smartleaf Asset Management LLC purchased a new stake in Curbline Properties in the 4th quarter worth $31,000. Quadrant Capital Group LLC purchased a new position in Curbline Properties during the fourth quarter valued at $31,000. Covestor Ltd boosted 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 acquiring an additional 1,268 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new position in Curbline Properties in the 4th quarter worth approximately $62,000.

Curbline Properties Price Performance

NYSE CURB traded up $0.43 on Friday, reaching $23.61. The stock had a trading volume of 46,060 shares, compared to its average volume of 646,380. Curbline Properties has a 12-month low of $18.80 and a 12-month high of $25.69. The business's 50-day moving average price is $23.45 and its 200 day moving average price is $23.68.

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

Curbline Properties Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 8th. Investors of record on Friday, March 14th were issued a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 2.71%. The ex-dividend date was Friday, March 14th.

Analysts Set New Price Targets

Several research firms have recently commented on CURB. Compass Point lifted their price target on shares of Curbline Properties from $24.00 to $26.00 and gave the company a "neutral" rating in a research report on Wednesday, February 12th. Morgan Stanley cut their price target on shares of 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. Finally, Piper Sandler raised their target price on shares of Curbline Properties from $28.00 to $31.00 and gave the company an "overweight" rating in a report on Wednesday, February 12th. Five analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $25.68.

Curbline Properties 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.