Nissay Asset Management Corp Japan ADV Makes New Investment in Curbline Properties (NYSE:CURB)

Nissay Asset Management Corp Japan ADV acquired a new position in shares of Curbline Properties (NYSE:CURB - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 14,019 shares of the company's stock, valued at approximately $329,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. bought a new position in Curbline Properties in the 4th quarter worth approximately $343,497,000. FMR LLC bought a new position in Curbline Properties during the fourth quarter worth $323,575,000. T. Rowe Price Investment Management Inc. acquired a new position in Curbline Properties during the 4th quarter valued at $119,568,000. Geode Capital Management LLC bought a new stake in Curbline Properties in the 4th quarter valued at $54,894,000. Finally, GRS Advisors LLC acquired a new stake in Curbline Properties in the 4th quarter worth $51,890,000.

Curbline Properties Stock Down 0.2%

CURB traded down $0.04 during midday trading on Thursday, reaching $22.29. 373,877 shares of the company's stock were exchanged, compared to its average volume of 722,602. The business has a 50-day simple moving average of $23.25 and a two-hundred day simple moving average of $23.71. Curbline Properties has a one year low of $20.16 and a one year high of $25.69.

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

Curbline Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 9th. Shareholders of record on Wednesday, June 18th will be issued a dividend of $0.16 per share. The ex-dividend date is Wednesday, June 18th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.87%.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. Morgan Stanley reduced their target price on shares of Curbline Properties from $27.00 to $26.00 and set an "equal weight" rating for the company in a research note on Thursday, April 24th. 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. Finally, Piper Sandler boosted their price objective on Curbline Properties from $28.00 to $31.00 and gave the company an "overweight" rating in a research report on Wednesday, February 12th. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average 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.