BNP Paribas Financial Markets Invests $280,000 in Curbline Properties (NYSE:CURB)

BNP Paribas Financial Markets bought a new stake in Curbline Properties (NYSE:CURB - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 12,046 shares of the company's stock, valued at approximately $280,000.

Other large investors have also modified their holdings of the company. Vanguard Group Inc. acquired a new position in Curbline Properties during the fourth quarter worth $343,497,000. FMR LLC acquired a new position in Curbline Properties during the fourth quarter worth $323,575,000. T. Rowe Price Investment Management Inc. acquired a new position in Curbline Properties during the fourth quarter worth $119,568,000. Geode Capital Management LLC bought a new stake in shares of Curbline Properties during the fourth quarter worth $54,894,000. Finally, Daiwa Securities Group Inc. bought a new stake in shares of Curbline Properties during the fourth quarter worth $47,214,000.

Curbline Properties Price Performance

Curbline Properties stock traded up $0.15 during mid-day trading on Thursday, hitting $22.65. The stock had a trading volume of 366,184 shares, compared to its average volume of 714,438. The stock has a 50-day simple moving average of $23.11 and a two-hundred day simple moving average of $23.65. Curbline Properties has a 12 month low of $20.16 and a 12 month high of $25.69.

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

Curbline Properties Dividend Announcement

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 issued a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 2.83%. The ex-dividend date is Wednesday, June 18th.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Morgan Stanley decreased 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. Compass Point increased their target price on Curbline Properties from $24.00 to $26.00 and gave the stock a "neutral" rating in a report on Wednesday, February 12th. Finally, Piper Sandler increased their target price on Curbline Properties from $28.00 to $31.00 and gave the stock an "overweight" rating in a report on Wednesday, February 12th. Five analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus 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.