Curbline Properties (NYSE:CURB) Sees Strong Trading Volume – Time to Buy?

Curbline Properties (NYSE:CURB) saw an uptick in trading volume on Tuesday . 409,942 shares were traded during mid-day trading, an increase of 1% from the previous session’s volume of 405,475 shares.The stock last traded at $23.31 and had previously closed at $22.93.

Analysts Set New Price Targets

Several research firms have recently weighed in on CURB. Truist Financial started coverage on Curbline Properties in a report on Tuesday, October 8th. They set a “hold” rating and a $22.00 price target on the stock. Stifel Nicolaus started coverage on Curbline Properties in a research note on Wednesday, October 2nd. They set a “buy” rating and a $24.75 price target for the company. Citigroup assumed coverage on shares of Curbline Properties in a research note on Tuesday, October 8th. They issued a “neutral” rating and a $25.00 price objective on the stock. Piper Sandler assumed coverage on shares of Curbline Properties in a research report on Thursday, October 17th. They set an “overweight” rating and a $28.00 target price for the company. Finally, JPMorgan Chase & Co. started coverage on shares of Curbline Properties in a research note on Friday, October 4th. They set an “overweight” rating and a $25.00 price target on the stock. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Curbline Properties presently has a consensus rating of “Moderate Buy” and a consensus target price of $24.95.

Curbline Properties Stock Up 0.0 %

The company’s 50-day moving average price is $23.66.

Curbline Properties Announces Dividend

The company also recently announced a dividend, which will be paid on Thursday, January 16th. Investors of record on Tuesday, December 31st will be given a $0.25 dividend. The ex-dividend date of this dividend is Tuesday, December 31st.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of CURB. Waterfront Capital Partners LLC purchased a new position in shares of Curbline Properties in the 3rd quarter worth approximately $1,460,000. Pensionfund Sabic bought a new stake in Curbline Properties during the 4th quarter valued at $232,000. Finally, GAMMA Investing LLC purchased a new stake in shares of Curbline Properties during the 4th quarter worth $29,000.

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.