Public Employees Retirement Association of Colorado Invests $277,000 in Curbline Properties (NYSE:CURB)

Public Employees Retirement Association of Colorado bought a new stake in Curbline Properties (NYSE:CURB - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 11,940 shares of the company's stock, valued at approximately $277,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. GAMMA Investing LLC purchased a new position in shares of Curbline Properties in the 4th quarter worth about $29,000. Pensionfund Sabic purchased a new position in Curbline Properties in the fourth quarter valued at approximately $232,000. Perpetual Ltd acquired a new position in Curbline Properties during the fourth quarter valued at approximately $438,000. Nisa Investment Advisors LLC purchased a new stake in Curbline Properties during the fourth quarter worth approximately $811,000. Finally, SG Americas Securities LLC acquired a new stake in shares of Curbline Properties in the fourth quarter worth $316,000.

Analyst Upgrades and Downgrades

CURB has been the topic of several recent research reports. Compass Point lifted their target price 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. Morgan Stanley reduced their price objective on Curbline Properties from $27.00 to $26.00 and set an "equal weight" rating on the stock in a research note on Thursday, April 24th. Finally, Piper Sandler increased their target price on Curbline Properties from $28.00 to $31.00 and gave the company an "overweight" rating in a research note on Wednesday, February 12th. Five analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $25.68.

Curbline Properties Stock Down 0.8 %

Shares of NYSE CURB traded down $0.18 during midday trading on Monday, reaching $23.37. 286,191 shares of the company's stock were exchanged, compared to its average volume of 753,585. Curbline Properties has a 52-week low of $20.16 and a 52-week high of $25.69. The business's fifty day moving average price is $23.43 and its two-hundred day moving average price is $23.69.

Curbline Properties (NYSE:CURB - Get Free Report) last posted its quarterly earnings data 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 analysts' expectations of $34.51 million. The business's revenue was up 38.2% on a year-over-year basis. As a group, equities analysts anticipate that Curbline Properties will post 1 earnings per share for the current fiscal year.

Curbline Properties Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 8th. Investors of record on Friday, March 14th were issued a $0.16 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.64 annualized dividend and a yield of 2.74%.

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.