SG Americas Securities LLC Acquires 15,275 Shares of Curbline Properties Corp. (NYSE:CURB)

SG Americas Securities LLC increased its stake in Curbline Properties Corp. (NYSE:CURB - Free Report) by 112.1% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 28,897 shares of the company's stock after acquiring an additional 15,275 shares during the period. SG Americas Securities LLC's holdings in Curbline Properties were worth $699,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CURB. GAMMA Investing LLC grew its position in Curbline Properties by 91.1% during the first quarter. GAMMA Investing LLC now owns 2,425 shares of the company's stock valued at $59,000 after acquiring an additional 1,156 shares during the last quarter. Wellington Management Group LLP purchased a new stake in shares of Curbline Properties in the 4th quarter valued at $948,000. California State Teachers Retirement System bought a new position in shares of Curbline Properties during the 4th quarter valued at $2,051,000. GF Fund Management CO. LTD. purchased a new position in Curbline Properties in the 4th quarter worth $40,000. Finally, Public Employees Retirement System of Ohio purchased a new position in Curbline Properties in the 4th quarter worth $3,141,000.

Curbline Properties Price Performance

Shares of Curbline Properties stock traded down $0.16 during trading on Tuesday, reaching $23.10. 322,901 shares of the stock were exchanged, compared to its average volume of 700,517. The company has a debt-to-equity ratio of 0.05, a quick ratio of 27.77 and a current ratio of 27.77. Curbline Properties Corp. has a 1 year low of $20.16 and a 1 year high of $25.69. The stock's fifty day moving average is $22.96 and its 200 day moving average is $23.49.

Curbline Properties (NYSE:CURB - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The company reported $0.24 EPS for the quarter, meeting analysts' consensus estimates of $0.24. The business had revenue of $38.44 million for the quarter, compared to the consensus estimate of $34.51 million. The firm's revenue for the quarter was up 38.2% on a year-over-year basis. Sell-side analysts predict that Curbline Properties Corp. will post 1 earnings per share 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 given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 2.77%. The ex-dividend date is Wednesday, June 18th.

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley reduced their price objective 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. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price 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.