438,539 Shares in Curbline Properties (NYSE:CURB) Acquired by Invesco Ltd.

Invesco Ltd. bought a new stake in shares of Curbline Properties (NYSE:CURB - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 438,539 shares of the company's stock, valued at approximately $10,183,000. Invesco Ltd. owned 0.42% of Curbline Properties as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of CURB. GAMMA Investing LLC acquired a new position in shares of Curbline Properties during the 4th quarter valued at $29,000. Pensionfund Sabic acquired a new position in shares of Curbline Properties during the 4th quarter valued at $232,000. Perpetual Ltd acquired a new position in shares of Curbline Properties during the 4th quarter valued at $438,000. Nisa Investment Advisors LLC acquired a new position in shares of Curbline Properties during the 4th quarter valued at $811,000. Finally, SG Americas Securities LLC acquired a new position in shares of Curbline Properties during the 4th quarter valued at $316,000.

Curbline Properties Price Performance

Shares of Curbline Properties stock traded down $0.06 during mid-day trading on Monday, hitting $23.22. 613,637 shares of the stock were exchanged, compared to its average volume of 763,397. Curbline Properties has a 12 month low of $20.16 and a 12 month high of $25.69. The company has a 50-day simple moving average of $23.53 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 EPS for the quarter, hitting the consensus estimate of $0.24. The firm had revenue of $38.44 million for the quarter, compared to the consensus estimate of $34.51 million. Curbline Properties's quarterly revenue was up 38.2% on a year-over-year basis. On average, equities analysts predict that Curbline Properties will post 1 earnings per share for the current year.

Curbline Properties Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 8th. Shareholders of record on Friday, March 14th were given a dividend of $0.16 per share. The ex-dividend date was Friday, March 14th. This represents a $0.64 annualized dividend and a dividend yield of 2.76%.

Analyst Upgrades and Downgrades

CURB has been the topic of a number of research reports. Morgan Stanley decreased their price target on shares of Curbline Properties from $27.00 to $26.00 and set an "equal weight" rating for the company in a research note on Thursday. Piper Sandler upped 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. Finally, Compass Point raised their price target on shares of Curbline Properties from $24.00 to $26.00 and gave the company a "neutral" rating in a research report on Wednesday, February 12th. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus 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.