Peregrine Capital Management LLC Acquires New Holdings in Curbline Properties (NYSE:CURB)

Peregrine Capital Management LLC bought a new position in Curbline Properties (NYSE:CURB) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 292,136 shares of the company’s stock, valued at approximately $6,783,000.

Several other large investors have also recently bought and sold shares of CURB. Sumitomo Mitsui Trust Group Inc. bought a new position in shares of Curbline Properties in the fourth quarter worth $18,320,000. abrdn plc purchased a new position in Curbline Properties during the fourth quarter worth about $16,081,000. Principal Financial Group Inc. bought a new position in Curbline Properties in the 4th quarter worth about $12,606,000. Rhumbline Advisers purchased a new stake in shares of Curbline Properties in the 4th quarter valued at about $6,986,000. Finally, State of New Jersey Common Pension Fund D bought a new stake in shares of Curbline Properties during the 4th quarter valued at about $3,656,000.

Analyst Upgrades and Downgrades

Several 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 report on Wednesday, February 12th. Morgan Stanley initiated coverage on shares of Curbline Properties in a research note on Wednesday, January 29th. They issued an “equal weight” rating and a $27.00 price target for the company. Finally, Piper Sandler raised their price objective on shares of Curbline Properties from $28.00 to $31.00 and gave the company an “overweight” rating in a research report on Wednesday, February 12th. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $25.82.

Curbline Properties Price Performance

Shares of Curbline Properties stock opened at $24.75 on Wednesday. The firm has a fifty day simple moving average of $23.82. Curbline Properties has a 52-week low of $18.80 and a 52-week high of $25.69.

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

Curbline Properties Dividend Announcement

The business also recently declared 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 was 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.