Deutsche Bank AG Has $2.70 Million Stock Position in Curbline Properties (NYSE:CURB)

Deutsche Bank AG increased its holdings in Curbline Properties (NYSE:CURB - Free Report) by 508.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 116,381 shares of the company's stock after buying an additional 97,259 shares during the period. Deutsche Bank AG owned about 0.11% of Curbline Properties worth $2,702,000 as of its most recent filing with the SEC.

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

Curbline Properties Stock Up 1.3%

Shares of CURB stock traded up $0.29 during midday trading on Tuesday, reaching $22.59. 20,421 shares of the company were exchanged, compared to its average volume of 601,330. Curbline Properties has a 12 month low of $18.80 and a 12 month high of $25.69. The company's 50 day moving average price is $23.16 and its two-hundred day moving average price is $23.68.

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

Curbline Properties Announces Dividend

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

Analyst Ratings Changes

CURB has been the topic of a number of recent research reports. Morgan Stanley cut their target price on 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. Compass Point lifted their price objective on shares of Curbline Properties from $24.00 to $26.00 and gave the company a "neutral" rating in a research report on Wednesday, February 12th. Finally, Piper Sandler boosted their target price on shares of Curbline Properties from $28.00 to $31.00 and gave the company an "overweight" rating in a research note on Wednesday, February 12th. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, Curbline Properties presently has an average rating of "Hold" and a consensus price target of $25.68.

Curbline Properties 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.