SG Americas Securities LLC Has $699,000 Stake in Curbline Properties Corp. (NYSE:CURB)

SG Americas Securities LLC grew its holdings in Curbline Properties Corp. (NYSE:CURB - Free Report) by 112.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 28,897 shares of the company's stock after buying an additional 15,275 shares during the period. SG Americas Securities LLC's holdings in Curbline Properties were worth $699,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in CURB. Amundi bought a new stake in Curbline Properties in the 4th quarter valued at about $1,194,000. Invesco Ltd. purchased a new position in shares of Curbline Properties in the 4th quarter worth approximately $10,183,000. GAMMA Investing LLC boosted its stake in shares of Curbline Properties by 4,522.6% in the 1st quarter. GAMMA Investing LLC now owns 58,661 shares of the company's stock worth $1,419,000 after buying an additional 57,392 shares during the last quarter. Rhumbline Advisers purchased a new position in Curbline Properties in the fourth quarter valued at approximately $6,986,000. Finally, Deutsche Bank AG lifted its stake in Curbline Properties by 508.6% in the fourth quarter. Deutsche Bank AG now owns 116,381 shares of the company's stock valued at $2,702,000 after purchasing an additional 97,259 shares during the last quarter.

Curbline Properties Trading Up 1.3%

CURB stock opened at $22.90 on Friday. The firm's fifty day moving average is $22.95 and its 200 day moving average is $23.51. Curbline Properties Corp. has a one year low of $20.16 and a one year high of $25.69. 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 (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 the consensus estimate of $0.24. The firm had revenue of $38.44 million during the quarter, compared to analyst estimates of $34.51 million. The company's revenue for the quarter was up 38.2% on a year-over-year basis. On average, sell-side analysts forecast that Curbline Properties Corp. will post 1 EPS 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 paid a $0.16 dividend. This represents a $0.64 annualized dividend and a dividend yield of 2.79%. The ex-dividend date is Wednesday, June 18th.

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley decreased 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 report on Thursday, April 24th. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $25.68.

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.

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