Brown Advisory Inc. Takes $21.29 Million Position in Curbline Properties (NYSE:CURB)

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

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. GAMMA Investing LLC purchased a new stake in shares of Curbline Properties in the fourth quarter worth about $29,000. Pensionfund Sabic purchased a new stake in shares of Curbline Properties during the 4th quarter worth approximately $232,000. Perpetual Ltd bought a new position in shares of Curbline Properties during the 4th quarter valued at approximately $438,000. Nisa Investment Advisors LLC purchased a new position in shares of Curbline Properties in the fourth quarter valued at $811,000. Finally, SG Americas Securities LLC bought a new stake in Curbline Properties in the fourth quarter worth $316,000.

Curbline Properties Stock Performance

CURB stock traded down $0.15 during midday trading on Friday, reaching $23.34. The company's stock had a trading volume of 321,866 shares, compared to its average volume of 744,911. Curbline Properties has a 1 year low of $20.16 and a 1 year high of $25.69. The stock has a fifty day simple moving average of $23.33 and a two-hundred day simple moving average of $23.69.

Curbline Properties (NYSE:CURB - Get Free Report) last issued its earnings results on Thursday, April 24th. The company reported $0.24 EPS for the quarter, hitting analysts' consensus estimates of $0.24. The company had revenue of $38.44 million for the quarter, compared to analysts' expectations of $34.51 million. The firm's revenue was up 38.2% compared to the same quarter last year. Analysts predict that Curbline Properties will post 1 earnings per share for the current year.

Curbline Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 9th. Investors of record on Wednesday, June 18th will be issued a $0.16 dividend. The ex-dividend date is Wednesday, June 18th. This represents a $0.64 annualized dividend and a dividend yield of 2.74%.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Compass Point increased their price objective 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. Piper Sandler increased their price target 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. Finally, Morgan Stanley reduced their price objective 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 research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $25.68.

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.