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

Shares of Curbline Properties (NYSE:CURB) have earned an average rating of “Hold” from the eight research firms that are presently covering the company, MarketBeat reports. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is $25.82.

A number of research analysts have recently issued reports on CURB shares. Morgan Stanley started coverage on shares of Curbline Properties in a research report on Wednesday, January 29th. They issued an “equal weight” rating and a $27.00 price target on the stock. Compass Point raised their price target 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. Finally, Piper Sandler raised their price target on shares of Curbline Properties from $28.00 to $31.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 12th.

Institutional Trading of Curbline Properties

A number of large investors have recently modified their holdings of the company. Covestor Ltd increased its holdings in shares of Curbline Properties by 390.2% in the 4th quarter. Covestor Ltd now owns 1,593 shares of the company’s stock worth $37,000 after acquiring an additional 1,268 shares during the period. GAMMA Investing LLC bought a new stake in shares of Curbline Properties during the 4th quarter worth about $29,000. Quadrant Capital Group LLC bought a new stake in shares of Curbline Properties during the 4th quarter worth about $31,000. Smartleaf Asset Management LLC bought a new stake in shares of Curbline Properties during the 4th quarter worth about $31,000. Finally, GF Fund Management CO. LTD. bought a new stake in shares of Curbline Properties during the 4th quarter worth about $40,000.

Curbline Properties Stock Performance

NYSE CURB opened at $23.28 on Friday. Curbline Properties has a 12 month low of $20.16 and a 12 month high of $25.69. The company’s fifty day moving average is $24.21.

Curbline Properties (NYSE:CURB) last posted its quarterly earnings data on Tuesday, February 11th. The company reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.01. On average, research analysts expect 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. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.75%.

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.