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

Nissay Asset Management Corp Japan ADV bought a new stake in shares of Curbline Properties (NYSE:CURB - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 14,019 shares of the company's stock, valued at approximately $329,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Smartleaf Asset Management LLC acquired a new position in Curbline Properties during the 4th quarter worth approximately $31,000. Quadrant Capital Group LLC acquired a new position in Curbline Properties during the 4th quarter worth approximately $31,000. Covestor Ltd raised its stake in Curbline Properties by 390.2% during the 4th quarter. Covestor Ltd now owns 1,593 shares of the company's stock worth $37,000 after buying an additional 1,268 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new position in Curbline Properties during the 4th quarter worth approximately $62,000. Finally, Sterling Capital Management LLC acquired a new position in Curbline Properties during the 4th quarter worth approximately $69,000.

Curbline Properties Stock Down 0.1%

Shares of CURB stock traded down $0.02 during trading hours on Friday, reaching $22.28. The company had a trading volume of 454,496 shares, compared to its average volume of 720,947. Curbline Properties has a 12 month low of $20.16 and a 12 month high of $25.69. The business has a fifty day simple moving average of $23.19 and a 200-day simple moving average of $23.69.

Curbline Properties (NYSE:CURB - Get Free Report) last posted its earnings results on Thursday, April 24th. The company reported $0.24 earnings per share 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 business's revenue was up 38.2% compared to the same quarter last year. Sell-side analysts expect that Curbline Properties will post 1 EPS for the current fiscal year.

Curbline Properties Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on CURB. Piper Sandler upped their price target on Curbline Properties from $28.00 to $31.00 and gave the stock an "overweight" rating in a research note on Wednesday, February 12th. Morgan Stanley dropped their price target 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. Finally, Compass Point upped their price target on Curbline Properties from $24.00 to $26.00 and gave the stock a "neutral" rating in a research note on Wednesday, February 12th. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average 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.