Deutsche Bank AG Buys 97,259 Shares of Curbline Properties (NYSE:CURB)

Deutsche Bank AG grew its holdings in Curbline Properties (NYSE:CURB - Free Report) by 508.6% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 116,381 shares of the company's stock after buying an additional 97,259 shares during the period. Deutsche Bank AG owned approximately 0.11% of Curbline Properties worth $2,702,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Perpetual Ltd bought a new position in shares of Curbline Properties in the 4th quarter valued at about $438,000. Nisa Investment Advisors LLC bought a new stake in shares of Curbline Properties in the 4th quarter valued at approximately $811,000. SG Americas Securities LLC purchased a new position in shares of Curbline Properties in the 4th quarter worth approximately $316,000. KBC Group NV bought a new position in shares of Curbline Properties during the 4th quarter valued at approximately $89,000. Finally, abrdn plc purchased a new stake in Curbline Properties during the 4th quarter valued at $16,081,000.

Wall Street Analyst Weigh In

CURB has been the subject of several recent analyst reports. Compass Point lifted their price objective on shares of Curbline Properties from $24.00 to $26.00 and gave the stock a "neutral" rating in a research note on Wednesday, February 12th. Piper Sandler lifted 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. Finally, Morgan Stanley cut their price target on shares of 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 investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, Curbline Properties presently has an average rating of "Hold" and a consensus price target of $25.68.

Curbline Properties Trading Up 2.4%

Shares of NYSE CURB traded up $0.53 during mid-day trading on Tuesday, reaching $22.83. The company had a trading volume of 387,651 shares, compared to its average volume of 718,903. The business's 50-day moving average is $23.14 and its 200-day moving average is $23.67. 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 released 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 firm had revenue of $38.44 million for the quarter, compared to analysts' expectations of $34.51 million. The business's quarterly revenue was up 38.2% on a year-over-year basis. 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 annualized dividend and a dividend yield of 2.80%.

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.