Curbline Properties Corp. (NYSE:CURB) Receives Consensus Recommendation of "Hold" from Analysts

Curbline Properties Corp. (NYSE:CURB - Get Free Report) has been assigned an average rating of "Hold" from the eight research firms that are covering the company, MarketBeat reports. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $25.68.

Separately, Morgan Stanley decreased their price objective on Curbline Properties from $27.00 to $26.00 and set an "equal weight" rating for the company in a report on Thursday, April 24th.

Hedge Funds Weigh In On Curbline Properties

Hedge funds have recently modified their holdings of the company. Smartleaf Asset Management LLC increased its stake in shares of Curbline Properties by 37.8% during the 1st quarter. Smartleaf Asset Management LLC now owns 1,849 shares of the company's stock worth $44,000 after purchasing an additional 507 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of Curbline Properties by 91.1% during the 1st quarter. GAMMA Investing LLC now owns 2,425 shares of the company's stock worth $59,000 after purchasing an additional 1,156 shares during the last quarter. Covestor Ltd increased its stake in shares of Curbline Properties by 390.2% during the 4th quarter. Covestor Ltd now owns 1,593 shares of the company's stock worth $37,000 after purchasing an additional 1,268 shares during the last quarter. Quadrant Capital Group LLC purchased a new stake in shares of Curbline Properties during the 4th quarter worth approximately $31,000. Finally, Fifth Third Bancorp increased its stake in shares of Curbline Properties by 215.9% during the 1st quarter. Fifth Third Bancorp now owns 2,123 shares of the company's stock worth $51,000 after purchasing an additional 1,451 shares during the last quarter.

Curbline Properties Stock Up 1.4%

NYSE CURB opened at $23.24 on Tuesday. Curbline Properties has a 1-year low of $20.16 and a 1-year high of $25.69. The company has a current ratio of 27.77, a quick ratio of 27.77 and a debt-to-equity ratio of 0.05. The company has a 50 day moving average of $22.96 and a 200-day moving average of $23.49.

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

Curbline Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 9th. Investors of record on Wednesday, June 18th will be given a $0.16 dividend. The ex-dividend date is Wednesday, June 18th. This represents a $0.64 annualized dividend and a yield of 2.75%.

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.

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