Janus Henderson Group PLC Takes Position in Curbline Properties (NYSE:CURB)

Janus Henderson Group PLC purchased a new stake in shares of Curbline Properties (NYSE:CURB - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 42,354 shares of the company's stock, valued at approximately $984,000.

A number of other hedge funds have also recently made changes to their positions in the company. GRS Advisors LLC acquired a new stake in shares of Curbline Properties during the fourth quarter valued at about $51,890,000. Ensign Peak Advisors Inc bought a new position in shares of Curbline Properties during the fourth quarter worth about $927,000. Frontier Capital Management Co. LLC bought a new position in shares of Curbline Properties during the fourth quarter worth about $35,420,000. D. E. Shaw & Co. Inc. bought a new position in shares of Curbline Properties during the fourth quarter worth about $541,000. Finally, Deutsche Bank AG raised its position in shares of Curbline Properties by 508.6% during the fourth quarter. Deutsche Bank AG now owns 116,381 shares of the company's stock worth $2,702,000 after acquiring an additional 97,259 shares during the last quarter.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on CURB. Piper Sandler raised their price objective on Curbline Properties from $28.00 to $31.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 12th. Morgan Stanley lowered their price objective on Curbline Properties from $27.00 to $26.00 and set an "equal weight" rating for the company in a research report on Thursday, April 24th. Finally, Compass Point raised their price objective on Curbline Properties from $24.00 to $26.00 and gave the stock a "neutral" rating in a research report on Wednesday, February 12th. Five equities 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 Trading Up 0.3%

CURB stock traded up $0.06 during mid-day trading on Thursday, reaching $22.56. The company's stock had a trading volume of 25,447 shares, compared to its average volume of 596,727. The business's 50 day moving average price is $23.13 and its 200 day moving average price is $23.66. Curbline Properties has a 12 month low of $18.80 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 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 company's quarterly revenue was up 38.2% compared to the same quarter last year. Research analysts forecast that Curbline Properties will post 1 earnings per share for the current year.

Curbline Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 9th. Stockholders of record on Wednesday, June 18th will be issued a dividend of $0.16 per share. The ex-dividend date of this dividend is Wednesday, June 18th. This represents a $0.64 annualized dividend and a dividend yield of 2.84%.

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.