Price T Rowe Associates Inc. MD Takes $1.88 Million Position in Curbline Properties (NYSE:CURB)

Price T Rowe Associates Inc. MD bought a new stake in Curbline Properties (NYSE:CURB - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 81,103 shares of the company's stock, valued at approximately $1,884,000. Price T Rowe Associates Inc. MD owned 0.08% of Curbline Properties as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. GAMMA Investing LLC bought a new position in shares of Curbline Properties in the 4th quarter worth about $29,000. Perpetual Ltd acquired a new stake in Curbline Properties during the fourth quarter worth approximately $438,000. Nisa Investment Advisors LLC acquired a new stake in Curbline Properties during the fourth quarter worth approximately $811,000. SG Americas Securities LLC bought a new stake in Curbline Properties in the fourth quarter worth approximately $316,000. Finally, KBC Group NV acquired a new position in Curbline Properties in the fourth quarter valued at approximately $89,000.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on CURB. Piper Sandler raised their price objective on shares of Curbline Properties from $28.00 to $31.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 12th. Compass Point increased their target price on shares of Curbline Properties from $24.00 to $26.00 and gave the stock a "neutral" rating in a research note on Wednesday, February 12th. Finally, Morgan Stanley reduced 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 report on Thursday, April 24th. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to MarketBeat, Curbline Properties currently has a consensus rating of "Hold" and a consensus target price of $25.68.

Curbline Properties Price Performance

Shares of NYSE:CURB traded up $0.01 during trading on Tuesday, reaching $23.76. 117,513 shares of the stock were exchanged, compared to its average volume of 737,748. Curbline Properties has a 1-year low of $20.16 and a 1-year high of $25.69. The stock has a fifty day moving average of $23.32 and a two-hundred day moving average of $23.71.

Curbline Properties (NYSE:CURB - Get Free Report) last announced 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 business's revenue was up 38.2% on a year-over-year basis. Sell-side analysts forecast that Curbline Properties will post 1 EPS for the current fiscal year.

Curbline Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 9th. Investors of record on Wednesday, June 18th will be issued a $0.16 dividend. The ex-dividend date of this dividend is Wednesday, June 18th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.69%.

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.