Brokerages Set Curbline Properties (NYSE:CURB) Price Target at $25.82

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

Several research analysts have weighed in on CURB shares. Compass Point boosted their price objective on Curbline Properties from $24.00 to $26.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 12th. Piper Sandler boosted 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 assumed coverage on shares of Curbline Properties in a report on Wednesday, January 29th. They set an “equal weight” rating and a $27.00 price objective for the company.

Curbline Properties Stock Performance

CURB opened at $23.56 on Friday. Curbline Properties has a fifty-two week low of $20.16 and a fifty-two week high of $25.69. The firm’s 50-day moving average price is $24.21.

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

Curbline Properties Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 8th. Investors of record on Friday, March 14th will be issued a $0.16 dividend. This represents a $0.64 annualized dividend and a yield of 2.72%. The ex-dividend date of this dividend is Friday, March 14th.

Institutional Investors Weigh In On Curbline Properties

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. GAMMA Investing LLC purchased a new position in shares of Curbline Properties in the fourth quarter worth about $29,000. Smartleaf Asset Management LLC bought a new position in Curbline Properties in the 4th quarter worth approximately $31,000. Quadrant Capital Group LLC bought a new position in Curbline Properties in the 4th quarter worth approximately $31,000. Covestor Ltd grew its stake in Curbline Properties by 390.2% in the 4th quarter. Covestor Ltd now owns 1,593 shares of the company’s stock valued at $37,000 after buying an additional 1,268 shares in the last quarter. Finally, GF Fund Management CO. LTD. bought a new stake in Curbline Properties during the 4th quarter valued at $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.