28,553 Shares in Curbline Properties (NYSE:CURB) Acquired by Voya Investment Management LLC

Voya Investment Management LLC acquired a new stake in shares of Curbline Properties (NYSE:CURB - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 28,553 shares of the company's stock, valued at approximately $663,000.

Other institutional investors have also made changes to their positions in the company. Amundi bought a new stake in Curbline Properties in the fourth quarter worth $1,194,000. Nisa Investment Advisors LLC bought a new position in shares of Curbline Properties in the 4th quarter valued at approximately $811,000. Invesco Ltd. acquired a new stake in Curbline Properties in the 4th quarter worth approximately $10,183,000. Rhumbline Advisers bought a new stake in Curbline Properties during the fourth quarter worth approximately $6,986,000. Finally, Corebridge Financial Inc. acquired a new position in shares of Curbline Properties during the 4th quarter worth about $1,174,000.

Curbline Properties Stock Down 1.6%

CURB traded down $0.39 during trading on Tuesday, hitting $23.36. 303,537 shares of the stock traded hands, compared to its average volume of 739,671. Curbline Properties has a twelve month low of $20.16 and a twelve month high of $25.69. The business has a 50 day moving average price of $23.32 and a 200 day moving average price of $23.71.

Curbline Properties (NYSE:CURB - Get Free Report) last announced its earnings results on Thursday, April 24th. The company reported $0.24 EPS for the quarter, meeting 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 business's revenue for the quarter was up 38.2% on a year-over-year basis. Research 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. Stockholders of record on Wednesday, June 18th will be issued a $0.16 dividend. This represents a $0.64 annualized dividend and a dividend yield of 2.74%. The ex-dividend date of this dividend is Wednesday, June 18th.

Analysts Set New Price Targets

A number of brokerages have commented on CURB. Piper Sandler increased their price objective 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. Compass Point boosted their price objective on Curbline Properties from $24.00 to $26.00 and gave the company a "neutral" rating in a research report on Wednesday, February 12th. Finally, Morgan Stanley dropped their target price on shares of Curbline Properties from $27.00 to $26.00 and set an "equal weight" rating on the stock in a report on Thursday, April 24th. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $25.68.

Curbline Properties Company 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.