56,661 Shares in Curbline Properties (NYSE:CURB) Purchased by Wells Fargo & Company MN

Wells Fargo & Company MN bought a new stake in shares of Curbline Properties (NYSE:CURB - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 56,661 shares of the company's stock, valued at approximately $1,316,000. Wells Fargo & Company MN owned about 0.05% of Curbline Properties at the end of the most recent reporting period.

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

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Morgan Stanley lowered 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 research note on Thursday, April 24th. Piper Sandler upped their price objective on Curbline Properties from $28.00 to $31.00 and gave the company an "overweight" rating in a research note on Wednesday, February 12th. Finally, Compass Point increased their target price on Curbline Properties from $24.00 to $26.00 and gave the stock a "neutral" rating in a report on Wednesday, February 12th. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, Curbline Properties currently has a consensus rating of "Hold" and an average target price of $25.68.

Curbline Properties Trading Up 1.6 %

CURB traded up $0.37 during trading on Friday, hitting $23.55. The company's stock had a trading volume of 363,899 shares, compared to its average volume of 756,765. The firm's 50 day moving average price is $23.43 and its two-hundred day moving average price is $23.68. Curbline Properties has a 12 month low of $20.16 and a 12 month high of $25.69.

Curbline Properties (NYSE:CURB - Get Free Report) last issued its quarterly earnings results on Thursday, April 24th. The company reported $0.24 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.24. The company had revenue of $38.44 million for the quarter, compared to analyst estimates of $34.51 million. The company's revenue for the quarter was up 38.2% on a year-over-year basis. Analysts predict that Curbline Properties will post 1 EPS 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. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.72%. The ex-dividend date was Friday, March 14th.

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.