Brown Advisory Inc. Takes Position in Curbline Properties (NYSE:CURB)

Brown Advisory Inc. bought a new stake in Curbline Properties (NYSE:CURB - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 916,976 shares of the company's stock, valued at approximately $21,292,000. Brown Advisory Inc. owned 0.87% of Curbline Properties as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Balyasny Asset Management L.P. bought a new stake in shares of Curbline Properties in the fourth quarter worth about $38,853,000. Bank of America Corp DE bought a new stake in shares of Curbline Properties in the fourth quarter worth about $3,612,000. BNP Paribas Financial Markets bought a new stake in shares of Curbline Properties in the fourth quarter worth about $280,000. Ameriprise Financial Inc. bought a new stake in shares of Curbline Properties in the fourth quarter worth about $5,104,000. Finally, Algert Global LLC bought a new stake in shares of Curbline Properties in the fourth quarter worth about $1,313,000.

Analysts Set New Price Targets

A number of analysts have recently commented on CURB shares. 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 report on Thursday, April 24th. Compass Point boosted their price target on Curbline Properties from $24.00 to $26.00 and gave the company a "neutral" rating in a report on Wednesday, February 12th. Finally, Piper Sandler boosted 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. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $25.68.

Curbline Properties Trading Up 1.8%

CURB stock traded up $0.43 during midday trading on Monday, reaching $23.78. 43,592 shares of the stock were exchanged, compared to its average volume of 740,379. Curbline Properties has a 52 week low of $20.16 and a 52 week high of $25.69. The company has a fifty day moving average price of $23.33 and a 200 day moving average price of $23.70.

Curbline Properties (NYSE:CURB - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The company reported $0.24 earnings per share for the quarter, hitting analysts' consensus estimates of $0.24. The firm had revenue of $38.44 million for the quarter, compared to the consensus estimate of $34.51 million. The business's quarterly revenue was up 38.2% on a year-over-year basis. As a group, sell-side analysts predict that Curbline Properties will post 1 EPS for the current fiscal year.

Curbline Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 9th. Investors of record on Wednesday, June 18th will be given a dividend of $0.16 per share. The ex-dividend date is Wednesday, June 18th. This represents a $0.64 annualized dividend and a dividend yield of 2.69%.

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.