APG Asset Management US Inc. Has $15.19 Million Stake in Curbline Properties (NYSE:CURB)

APG Asset Management US Inc. cut its stake in Curbline Properties (NYSE:CURB) by 14.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 654,348 shares of the company’s stock after selling 114,520 shares during the quarter. APG Asset Management US Inc.’s holdings in Curbline Properties were worth $15,194,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of CURB. GAMMA Investing LLC bought a new position in shares of Curbline Properties during the fourth quarter valued at about $29,000. Quadrant Capital Group LLC bought a new stake in Curbline Properties in the fourth quarter worth about $31,000. Smartleaf Asset Management LLC bought a new stake in Curbline Properties in the fourth quarter worth about $31,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in Curbline Properties in the fourth quarter valued at about $62,000. Finally, Vestcor Inc bought a new position in shares of Curbline Properties during the 4th quarter valued at approximately $73,000.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Piper Sandler lifted 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. Morgan Stanley began coverage on Curbline Properties in a research report on Wednesday, January 29th. They issued an “equal weight” rating and a $27.00 target price for the company. Finally, Compass Point upped their price target on Curbline Properties from $24.00 to $26.00 and gave the company a “neutral” rating in a research report on Wednesday, February 12th. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $25.82.

Curbline Properties Stock Performance

NYSE CURB opened at $21.54 on Wednesday. The business has a 50 day moving average price of $24.09. Curbline Properties has a 1 year low of $20.16 and a 1 year high of $25.69.

Curbline Properties (NYSE:CURB) last issued its quarterly earnings data on Tuesday, February 11th. The company reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.01. As a group, research analysts forecast that Curbline Properties will post 1 EPS for the current fiscal year.

Curbline Properties Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 8th. Stockholders of record on Friday, March 14th were given a dividend of $0.16 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.97%.

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.