Asset Management One Co. Ltd. Purchases 60,499 Shares of Curbline Properties Corp. (NYSE:CURB)

Asset Management One Co. Ltd. increased its position in Curbline Properties Corp. (NYSE:CURB - Free Report) by 43.6% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 199,285 shares of the company's stock after purchasing an additional 60,499 shares during the quarter. Asset Management One Co. Ltd. owned approximately 0.19% of Curbline Properties worth $4,821,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in CURB. Quadrant Capital Group LLC bought a new stake in Curbline Properties in the fourth quarter worth $31,000. Smartleaf Asset Management LLC bought a new stake in Curbline Properties in the fourth quarter worth $31,000. Covestor Ltd boosted its holdings in Curbline Properties by 390.2% in the fourth quarter. Covestor Ltd now owns 1,593 shares of the company's stock worth $37,000 after acquiring an additional 1,268 shares in the last quarter. GF Fund Management CO. LTD. bought a new stake in Curbline Properties in the fourth quarter worth $40,000. Finally, Fifth Third Bancorp boosted its holdings in Curbline Properties by 215.9% in the first quarter. Fifth Third Bancorp now owns 2,123 shares of the company's stock worth $51,000 after acquiring an additional 1,451 shares in the last quarter.

Curbline Properties Trading Up 0.3%

Shares of NYSE:CURB traded up $0.06 during midday trading on Friday, reaching $22.90. 1,113,339 shares of the company's stock traded hands, compared to its average volume of 699,841. The company has a current ratio of 27.77, a quick ratio of 27.77 and a debt-to-equity ratio of 0.05. Curbline Properties Corp. has a one year low of $20.16 and a one year high of $25.69. The stock has a 50 day moving average of $22.95 and a 200 day moving average of $23.46.

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

Curbline Properties Announces Dividend

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 given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 2.79%. The ex-dividend date is Wednesday, June 18th.

Analysts Set New Price Targets

Separately, Morgan Stanley dropped their target price 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 equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $25.68.

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.