Curbline Properties (NYSE:CURB) Receives Average Recommendation of “Moderate Buy” from Brokerages

Curbline Properties (NYSE:CURB) has been given a consensus recommendation of “Moderate Buy” by the six ratings firms that are currently covering the company, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $24.95.

Several equities analysts recently issued reports on the company. Piper Sandler initiated coverage on Curbline Properties in a research report on Thursday, October 17th. They issued an “overweight” rating and a $28.00 price target on the stock. Citigroup started coverage on Curbline Properties in a research note on Tuesday, October 8th. They set a “neutral” rating and a $25.00 price target for the company. Stifel Nicolaus started coverage on shares of Curbline Properties in a research report on Wednesday, October 2nd. They issued a “buy” rating and a $24.75 price objective on the stock. KeyCorp initiated coverage on shares of Curbline Properties in a research report on Monday, October 7th. They set a “sector weight” rating for the company. Finally, JPMorgan Chase & Co. assumed coverage on shares of Curbline Properties in a report on Friday, October 4th. They issued an “overweight” rating and a $25.00 target price on the stock.

Hedge Funds Weigh In On Curbline Properties

A hedge fund recently bought a new stake in Curbline Properties stock. Waterfront Capital Partners LLC bought a new position in shares of Curbline Properties (NYSE:CURB) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 59,972 shares of the company’s stock, valued at approximately $1,460,000. Waterfront Capital Partners LLC owned 0.06% of Curbline Properties at the end of the most recent quarter.

Curbline Properties Trading Down 0.6 %

NYSE CURB opened at $23.35 on Tuesday. The company has a fifty day simple moving average of $23.64. Curbline Properties has a one year low of $18.80 and a one year high of $25.35.

Curbline Properties Announces Dividend

The business also recently announced a dividend, which will be paid on Thursday, January 16th. Shareholders of record on Tuesday, December 31st will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Tuesday, December 31st.

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.