MetLife Investment Management LLC Takes $1.42 Million Position in Curbline Properties (NYSE:CURB)

MetLife Investment Management LLC purchased a new position in Curbline Properties (NYSE:CURB - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 60,929 shares of the company's stock, valued at approximately $1,415,000. MetLife Investment Management LLC owned about 0.06% of Curbline Properties as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. GAMMA Investing LLC purchased a new position in shares of Curbline Properties during the 4th quarter worth about $29,000. Smartleaf Asset Management LLC purchased a new position in shares of Curbline Properties during the 4th quarter worth about $31,000. Quadrant Capital Group LLC purchased a new position in shares of Curbline Properties during the 4th quarter worth about $31,000. Covestor Ltd lifted its holdings in Curbline Properties by 390.2% during the 4th quarter. Covestor Ltd now owns 1,593 shares of the company's stock valued at $37,000 after buying an additional 1,268 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. bought a new stake in Curbline Properties during the 4th quarter valued at about $62,000.

Curbline Properties Price Performance

CURB stock opened at $22.83 on Thursday. Curbline Properties has a 52-week low of $20.16 and a 52-week high of $25.69. The company's 50-day simple moving average is $23.47 and its 200-day simple moving average is $23.68.

Curbline Properties (NYSE:CURB - Get Free Report) last posted its quarterly earnings data 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 analysts' expectations of $34.51 million. The company's quarterly revenue was up 38.2% on a year-over-year basis. On average, sell-side analysts forecast that Curbline Properties will post 1 EPS for the current year.

Curbline Properties Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 8th. Stockholders of record on Friday, March 14th were given a $0.16 dividend. The ex-dividend date was Friday, March 14th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.80%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on CURB shares. Piper Sandler lifted their price objective 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. Morgan Stanley decreased their price objective on shares of Curbline Properties from $27.00 to $26.00 and set an "equal weight" rating for the company in a report on Thursday, April 24th. Finally, Compass Point boosted their price target on shares of Curbline Properties from $24.00 to $26.00 and gave the company a "neutral" rating in a report on Wednesday, February 12th. Five analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, the company currently 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.

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