40,809 Shares in Curbline Properties (NYSE:CURB) Acquired by Wellington Management Group LLP

Wellington Management Group LLP purchased a new position in shares of Curbline Properties (NYSE:CURB - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 40,809 shares of the company's stock, valued at approximately $948,000.

A number of other large investors have also bought and sold shares of the stock. Smartleaf Asset Management LLC purchased a new position in shares of Curbline Properties in the fourth quarter valued at about $31,000. Quadrant Capital Group LLC bought a new stake in shares of Curbline Properties in the fourth quarter worth about $31,000. Covestor Ltd increased its holdings in Curbline Properties by 390.2% during the 4th quarter. Covestor Ltd now owns 1,593 shares of the company's stock valued at $37,000 after purchasing an additional 1,268 shares during the period. GF Fund Management CO. LTD. bought a new position in Curbline Properties during the 4th quarter valued at approximately $40,000. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new stake in Curbline Properties in the 4th quarter worth approximately $62,000.

Curbline Properties Price Performance

NYSE CURB traded up $0.22 during mid-day trading on Tuesday, reaching $23.11. The stock had a trading volume of 273,176 shares, compared to its average volume of 706,913. Curbline Properties has a 1 year low of $20.16 and a 1 year high of $25.69. The company has a fifty day moving average price of $22.90 and a 200 day moving average price of $23.59.

Curbline Properties (NYSE:CURB - Get Free Report) last posted its quarterly 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 during the quarter, compared to analysts' expectations of $34.51 million. The business's quarterly revenue was up 38.2% compared to the same quarter last year. As a group, research analysts expect that Curbline Properties will post 1 EPS for the current fiscal year.

Curbline Properties Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 9th. Shareholders of record on Wednesday, June 18th will be paid a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 2.77%. The ex-dividend date of this dividend is Wednesday, June 18th.

Analysts Set New Price Targets

A number of brokerages recently commented on CURB. Compass Point upped their target price on Curbline Properties from $24.00 to $26.00 and gave the company a "neutral" rating in a report on Wednesday, February 12th. Piper Sandler boosted their price target on shares of Curbline Properties from $28.00 to $31.00 and gave the company an "overweight" rating in a research report on Wednesday, February 12th. Finally, Morgan Stanley decreased their price target on shares of Curbline Properties from $27.00 to $26.00 and set an "equal weight" rating for the company in a research note 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's stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $25.68.

Curbline Properties 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.