Vident Advisory LLC Acquires New Position in Curbline Properties (NYSE:CURB)

Vident Advisory LLC purchased a new position in Curbline Properties (NYSE:CURB - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 22,659 shares of the company's stock, valued at approximately $526,000.

A number of other large investors have also added to or reduced their stakes in CURB. Smartleaf Asset Management LLC purchased a new stake in shares of Curbline Properties in the 4th quarter worth about $31,000. Quadrant Capital Group LLC bought a new stake in Curbline Properties during the fourth quarter valued at approximately $31,000. Covestor Ltd grew its position in Curbline Properties by 390.2% during the fourth quarter. Covestor Ltd now owns 1,593 shares of the company's stock valued at $37,000 after buying an additional 1,268 shares during the period. Mirae Asset Global Investments Co. Ltd. bought a new stake in Curbline Properties during the fourth quarter valued at approximately $62,000. Finally, Sterling Capital Management LLC purchased a new position in Curbline Properties during the fourth quarter valued at approximately $69,000.

Curbline Properties Trading Down 0.2%

Shares of NYSE CURB traded down $0.05 during mid-day trading on Friday, reaching $22.59. The company had a trading volume of 165,707 shares, compared to its average volume of 711,253. The business's 50-day moving average is $23.11 and its 200-day moving average is $23.65. Curbline Properties has a 52 week low of $20.16 and a 52 week high of $25.69.

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

Curbline Properties Dividend Announcement

The firm also recently announced 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. This represents a $0.64 annualized dividend and a yield of 2.83%. The ex-dividend date is Wednesday, June 18th.

Wall Street Analyst Weigh In

Several research firms have recently commented on CURB. Compass Point boosted their target price on shares of Curbline Properties from $24.00 to $26.00 and gave the stock a "neutral" rating in a report on Wednesday, February 12th. Piper Sandler upped their price target on shares of Curbline Properties from $28.00 to $31.00 and gave the company an "overweight" rating in a report on Wednesday, February 12th. Finally, Morgan Stanley reduced their price objective 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. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average target price of $25.68.

About Curbline Properties

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.