1,541,012 Shares in Curbline Properties (NYSE:CURB) Acquired by Nuveen Asset Management LLC

Nuveen Asset Management LLC purchased a new stake in shares of Curbline Properties (NYSE:CURB - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 1,541,012 shares of the company's stock, valued at approximately $35,782,000. Nuveen Asset Management LLC owned approximately 1.47% of Curbline Properties at the end of the most recent quarter.

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

Analysts Set New Price Targets

CURB has been the topic of a number of recent analyst reports. Morgan Stanley dropped their price target on shares of Curbline Properties from $27.00 to $26.00 and set an "equal weight" rating on the stock in a research report on Thursday, April 24th. Compass Point raised their target price on shares of Curbline Properties from $24.00 to $26.00 and gave the company a "neutral" rating in a research note on Wednesday, February 12th. Finally, Piper Sandler lifted their target price on shares of Curbline Properties from $28.00 to $31.00 and gave the stock an "overweight" rating in a 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 company's stock. According to MarketBeat.com, Curbline Properties currently has an average rating of "Hold" and an average target price of $25.68.

Curbline Properties Stock Performance

Shares of NYSE:CURB traded down $0.02 on Monday, hitting $22.28. 454,496 shares of the company were exchanged, compared to its average volume of 720,947. The company's 50 day moving average price is $23.19 and its two-hundred day moving average price is $23.69. 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 announced its quarterly earnings data on Thursday, April 24th. The company reported $0.24 EPS for the quarter, hitting analysts' consensus estimates of $0.24. The firm 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. Equities research analysts anticipate that Curbline Properties will post 1 earnings per share for the current year.

Curbline Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 9th. Shareholders of record on Wednesday, June 18th will be paid 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 yield of 2.87%.

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.