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) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 42,354 shares of the company's stock, valued at approximately $984,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. GRS Advisors LLC purchased a new stake in shares of Curbline Properties in the 4th quarter worth $51,890,000. Ensign Peak Advisors Inc purchased a new stake in Curbline Properties in the fourth quarter worth about $927,000. Frontier Capital Management Co. LLC bought a new position in shares of Curbline Properties in the fourth quarter worth about $35,420,000. D. E. Shaw & Co. Inc. purchased a new stake in Curbline Properties in the 4th quarter worth approximately $541,000. Finally, Deutsche Bank AG increased its holdings in Curbline Properties by 508.6% in the 4th 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 in the last quarter.

Curbline Properties Trading Up 0.7%

Shares of Curbline Properties stock traded up $0.15 on Thursday, hitting $22.65. 366,184 shares of the company traded hands, compared to its average volume of 714,438. Curbline Properties has a 52 week low of $20.16 and a 52 week high of $25.69. The business has a 50-day simple moving average of $23.11 and a 200 day simple moving average of $23.65.

Curbline Properties (NYSE:CURB - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The company reported $0.24 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.24. The company 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% on a year-over-year basis. On average, equities analysts predict that Curbline Properties will post 1 earnings per share for the current fiscal year.

Curbline Properties Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of research firms have weighed in on CURB. Piper Sandler upped their price target on shares of 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 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, Compass Point upped their target price on shares of Curbline Properties from $24.00 to $26.00 and gave the stock a "neutral" rating in a report on Wednesday, February 12th. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Curbline Properties presently has a consensus rating of "Hold" and an average price target of $25.68.

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.