Curbline Properties (NYSE:CURB) Given Average Recommendation of “Hold” by Analysts

Curbline Properties (NYSE:CURB) has received a consensus rating of “Hold” from the eight brokerages that are presently covering the stock, MarketBeat.com reports. Five analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $25.82.

CURB has been the subject of several analyst reports. Compass Point upped their price target on shares of Curbline Properties from $24.00 to $26.00 and gave the company a “neutral” rating in a research report on Wednesday, February 12th. Piper Sandler upped their price objective on shares of Curbline Properties from $28.00 to $31.00 and gave the company an “overweight” rating in a research note on Wednesday, February 12th. Finally, Morgan Stanley initiated coverage on shares of Curbline Properties in a research note on Wednesday, January 29th. They set an “equal weight” rating and a $27.00 price objective for the company.

Curbline Properties Stock Up 1.5 %

NYSE CURB opened at $24.65 on Wednesday. The company’s 50-day simple moving average is $23.88. Curbline Properties has a 12-month low of $18.80 and a 12-month high of $25.69.

Curbline Properties (NYSE:CURB) last posted its quarterly earnings results on Tuesday, February 11th. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.01. Sell-side analysts predict that Curbline Properties will post 1 earnings per share for the current fiscal year.

Curbline Properties Dividend Announcement

The company also recently disclosed a dividend, which was paid on Thursday, January 16th. Stockholders of record on Tuesday, December 31st were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Tuesday, December 31st.

Hedge Funds Weigh In On Curbline Properties

Institutional investors have recently bought and sold shares of the stock. GAMMA Investing LLC bought a new position in Curbline Properties in the fourth quarter worth about $29,000. Smartleaf Asset Management LLC bought a new position in Curbline Properties in the fourth quarter worth about $31,000. Quadrant Capital Group LLC bought a new position in Curbline Properties in the fourth quarter worth about $31,000. Covestor Ltd raised its stake in Curbline Properties by 390.2% in the fourth quarter. Covestor Ltd now owns 1,593 shares of the company’s stock worth $37,000 after buying an additional 1,268 shares in the last quarter. Finally, GF Fund Management CO. LTD. purchased a new stake in Curbline Properties in the fourth quarter worth about $40,000.

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.