23,313 Shares in Curbline Properties (NYSE:CURB) Acquired by D. E. Shaw & Co. Inc.

D. E. Shaw & Co. Inc. bought a new position in shares of Curbline Properties (NYSE:CURB - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 23,313 shares of the company's stock, valued at approximately $541,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CURB. Smartleaf Asset Management LLC acquired a new position in shares of Curbline Properties during the 4th quarter worth about $31,000. Quadrant Capital Group LLC acquired a new position in Curbline Properties in the 4th quarter valued at approximately $31,000. Covestor Ltd lifted its position in shares of Curbline Properties by 390.2% in the 4th quarter. Covestor Ltd now owns 1,593 shares of the company's stock worth $37,000 after acquiring an additional 1,268 shares during the period. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Curbline Properties in the 4th quarter worth approximately $62,000. Finally, Sterling Capital Management LLC acquired a new stake in shares of Curbline Properties during the 4th quarter worth approximately $69,000.

Curbline Properties Trading Down 0.0%

NYSE CURB traded down $0.01 on Friday, reaching $22.63. The company had a trading volume of 53,754 shares, compared to its average volume of 710,486. The stock's 50 day moving average is $23.11 and its 200-day moving average is $23.65. Curbline Properties has a 52 week low of $20.16 and a 52 week high of $25.69.

Curbline Properties (NYSE:CURB - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The company reported $0.24 EPS for the quarter, hitting the consensus estimate of $0.24. The business had revenue of $38.44 million for the quarter, compared to analyst estimates of $34.51 million. The firm's revenue was up 38.2% on a year-over-year basis. Research analysts forecast that Curbline Properties will post 1 EPS for the current year.

Curbline Properties Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 9th. Stockholders of record on Wednesday, June 18th will be paid a dividend of $0.16 per share. The ex-dividend date is Wednesday, June 18th. This represents a $0.64 annualized dividend and a dividend yield of 2.83%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on CURB. Compass Point increased their price objective on shares of Curbline Properties from $24.00 to $26.00 and gave the company a "neutral" rating in a research note on Wednesday, February 12th. Morgan Stanley lowered their target price on shares of Curbline Properties from $27.00 to $26.00 and set an "equal weight" rating on the stock in a research note on Thursday, April 24th. Finally, Piper Sandler raised their price target on shares of Curbline Properties from $28.00 to $31.00 and gave the stock an "overweight" rating in a research note on Wednesday, February 12th. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus 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.