Curbline Properties (NYSE:CURB) Shares Bought by GAMMA Investing LLC

GAMMA Investing LLC lifted its position in shares of Curbline Properties (NYSE:CURB - Free Report) by 4,522.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 58,661 shares of the company's stock after acquiring an additional 57,392 shares during the quarter. GAMMA Investing LLC owned 0.06% of Curbline Properties worth $1,419,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in CURB. Amundi purchased a new stake in shares of Curbline Properties in the fourth quarter valued at about $1,194,000. Invesco Ltd. acquired a new position in Curbline Properties during the fourth quarter worth approximately $10,183,000. Rhumbline Advisers acquired a new stake in shares of Curbline Properties in the fourth quarter worth $6,986,000. Corebridge Financial Inc. acquired a new stake in shares of Curbline Properties in the fourth quarter worth $1,174,000. Finally, The Manufacturers Life Insurance Company acquired a new stake in shares of Curbline Properties in the fourth quarter worth $1,193,000.

Curbline Properties Stock Performance

Curbline Properties stock opened at $22.40 on Friday. The firm's 50-day moving average is $22.91 and its 200-day moving average is $23.55. 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 posted its quarterly 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 business had revenue of $38.44 million during the quarter, compared to the consensus estimate of $34.51 million. The business's quarterly revenue was up 38.2% on a year-over-year basis. On average, equities research analysts forecast that Curbline Properties will post 1 earnings per share for the current year.

Curbline Properties Dividend Announcement

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 issued a $0.16 dividend. The ex-dividend date is Wednesday, June 18th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.86%.

Analyst Ratings Changes

Separately, Morgan Stanley lowered 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 report on Thursday, April 24th. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $25.68.

Curbline Properties Company 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.

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