Curbline Properties (NYSE:CURB) Price Target Raised to $31.00 at Piper Sandler

Curbline Properties (NYSE:CURB) had its target price upped by Piper Sandler from $28.00 to $31.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has an overweight rating on the stock.

A number of other research analysts have also issued reports on the company. Compass Point lifted their target price on Curbline Properties from $24.00 to $26.00 and gave the company a “neutral” rating in a report on Wednesday. Morgan Stanley started coverage on Curbline Properties in a research note on Wednesday, January 29th. They issued an “equal weight” rating and a $27.00 price objective for the company. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, Curbline Properties has a consensus rating of “Hold” and a consensus target price of $25.82.

Curbline Properties Stock Performance

Shares of NYSE:CURB opened at $24.70 on Wednesday. Curbline Properties has a 1 year low of $18.80 and a 1 year high of $25.69. The stock’s 50-day simple moving average is $23.80.

Curbline Properties (NYSE:CURB) last announced its quarterly earnings data 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. Analysts anticipate that Curbline Properties will post 0.59 EPS for the current fiscal year.

Curbline Properties Announces Dividend

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

Hedge Funds Weigh In On Curbline Properties

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. GAMMA Investing LLC acquired a new stake in Curbline Properties during the fourth quarter worth approximately $29,000. Smartleaf Asset Management LLC acquired a new stake in Curbline Properties during the 4th quarter worth $31,000. Quadrant Capital Group LLC acquired a new position in Curbline Properties in the fourth quarter valued at $31,000. Covestor Ltd grew its holdings in shares of Curbline Properties by 390.2% during the fourth quarter. Covestor Ltd now owns 1,593 shares of the company’s stock worth $37,000 after purchasing an additional 1,268 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Curbline Properties during the fourth quarter worth about $62,000.

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.