Boothbay Fund Management LLC Invests $8.94 Million in Curbline Properties (NYSE:CURB)

Boothbay Fund Management LLC purchased a new position in Curbline Properties (NYSE:CURB - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 385,206 shares of the company's stock, valued at approximately $8,944,000. Boothbay Fund Management LLC owned approximately 0.37% of Curbline Properties at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. GAMMA Investing LLC acquired a new position in shares of Curbline Properties in the 4th quarter valued at about $29,000. Smartleaf Asset Management LLC acquired a new position in shares of Curbline Properties during the fourth quarter worth approximately $31,000. Quadrant Capital Group LLC acquired a new position in shares of Curbline Properties during the fourth quarter worth approximately $31,000. Covestor Ltd lifted its holdings in shares of Curbline Properties by 390.2% during the fourth quarter. Covestor Ltd now owns 1,593 shares of the company's stock worth $37,000 after buying an additional 1,268 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Curbline Properties during the fourth quarter worth approximately $62,000.

Wall Street Analyst Weigh In

Several brokerages recently commented on CURB. Piper Sandler raised 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. Compass Point lifted their target price 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. Finally, Morgan Stanley decreased their target price on shares of Curbline Properties from $27.00 to $26.00 and set an "equal weight" rating on the stock in a research report on Thursday, April 24th. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average target price of $25.68.

Curbline Properties Price Performance

NYSE:CURB traded up $0.23 on Thursday, reaching $23.12. The stock had a trading volume of 142,427 shares, compared to its average volume of 650,534. Curbline Properties has a 1-year low of $18.80 and a 1-year high of $25.69. The stock has a fifty day moving average price of $23.47 and a 200-day moving average price of $23.68.

Curbline Properties (NYSE:CURB - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The company reported $0.24 EPS for the quarter, meeting analysts' consensus estimates of $0.24. The firm 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, equities analysts anticipate that Curbline Properties will post 1 EPS for the current fiscal year.

Curbline Properties Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 8th. Shareholders of record on Friday, March 14th were given a $0.16 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.64 dividend on an annualized basis and a yield of 2.77%.

About Curbline Properties

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.