Curbline Properties (NYSE:CURB) Receives Average Rating of “Hold” from Analysts

Curbline Properties (NYSE:CURB) has been assigned an average recommendation of “Hold” from the eight research firms that are presently covering the firm, Marketbeat Ratings reports. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $25.82.

A number of research firms recently weighed in on CURB. Compass Point upped their price objective 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. Piper Sandler increased their price target 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. Finally, Morgan Stanley initiated coverage on Curbline Properties in a research report on Wednesday, January 29th. They issued an “equal weight” rating and a $27.00 price objective on the stock.

Institutional Trading of Curbline Properties

A number of hedge funds and other institutional investors have recently modified their holdings of CURB. Waterfront Capital Partners LLC purchased a new position in Curbline Properties during the 3rd quarter valued at about $1,460,000. GAMMA Investing LLC acquired a new position in shares of Curbline Properties in the fourth quarter valued at approximately $29,000. Pensionfund Sabic acquired a new position in shares of Curbline Properties in the fourth quarter valued at approximately $232,000. Perpetual Ltd acquired a new position in shares of Curbline Properties in the fourth quarter valued at approximately $438,000. Finally, Nisa Investment Advisors LLC acquired a new position in Curbline Properties during the fourth quarter worth $811,000.

Curbline Properties Trading Up 0.0 %

NYSE CURB opened at $24.75 on Wednesday. Curbline Properties has a 12 month low of $18.80 and a 12 month high of $25.69. The business’s 50 day moving average price is $23.82.

Curbline Properties (NYSE:CURB) last posted its earnings results on Tuesday, February 11th. The company reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.22 by $0.01. As a group, analysts expect that Curbline Properties will post 0.59 earnings per share for the current year.

Curbline Properties Announces Dividend

The business also recently announced a dividend, which was paid on Thursday, January 16th. Shareholders of record on Tuesday, December 31st were paid a $0.25 dividend. The ex-dividend date of this dividend was Tuesday, December 31st.

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.