Ensign Peak Advisors Inc Purchases New Shares in Curbline Properties (NYSE:CURB)

Ensign Peak Advisors Inc purchased a new position in shares of Curbline Properties (NYSE:CURB - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 39,926 shares of the company's stock, valued at approximately $927,000.

Several other institutional investors also recently added to or reduced their stakes in CURB. Covestor Ltd raised its stake 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 purchasing an additional 1,268 shares during the last quarter. Quadrant Capital Group LLC purchased a new position in Curbline Properties during the 4th quarter worth $31,000. Smartleaf Asset Management LLC acquired a new stake in shares of Curbline Properties in the 4th quarter worth $31,000. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Curbline Properties in the fourth quarter valued at about $62,000. Finally, Sterling Capital Management LLC acquired a new position in shares of Curbline Properties during the fourth quarter worth about $69,000.

Wall Street Analysts Forecast Growth

CURB has been the topic of several recent analyst reports. Piper Sandler boosted 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 upped their target price on shares of Curbline Properties from $24.00 to $26.00 and gave the stock a "neutral" rating in a research report on Wednesday, February 12th. Finally, Morgan Stanley lowered 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. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $25.68.

Curbline Properties Price Performance

NYSE:CURB traded down $0.03 during trading hours on Thursday, reaching $22.30. 111,539 shares of the company traded hands, compared to its average volume of 721,027. The firm's 50-day moving average is $23.25 and its 200-day moving average is $23.71. Curbline Properties has a 1-year low of $20.16 and a 1-year high of $25.69.

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

Curbline Properties Dividend Announcement

The business also recently declared 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 of this dividend is Wednesday, June 18th. This represents a $0.64 annualized dividend and a yield of 2.87%.

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.