Quadrant Capital Group LLC Acquires New Shares in Curbline Properties (NYSE:CURB)

Quadrant Capital Group LLC bought a new position in shares of Curbline Properties (NYSE:CURB) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,318 shares of the company’s stock, valued at approximately $31,000.

Several other large investors also recently bought and sold shares of the company. GAMMA Investing LLC purchased a new stake in shares of Curbline Properties in the fourth quarter valued at $29,000. Smartleaf Asset Management LLC purchased a new position in Curbline Properties in the 4th quarter valued at about $31,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Curbline Properties during the 4th quarter worth about $62,000. Vestcor Inc purchased a new stake in shares of Curbline Properties during the fourth quarter worth about $73,000. Finally, KBC Group NV acquired a new position in shares of Curbline Properties in the fourth quarter valued at approximately $89,000.

Curbline Properties Trading Up 2.5 %

Shares of NYSE:CURB opened at $22.56 on Friday. The business’s 50 day moving average price is $23.90. Curbline Properties has a 12 month low of $20.16 and a 12 month high of $25.69.

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

Curbline Properties Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 8th. Shareholders of record on Friday, March 14th were given a dividend of $0.16 per share. The ex-dividend date was Friday, March 14th. This represents a $0.64 dividend on an annualized basis and a yield of 2.84%.

Wall Street Analyst Weigh In

CURB has been the topic of several analyst reports. Piper Sandler raised their price objective on Curbline Properties from $28.00 to $31.00 and gave the stock an “overweight” rating in a report on Wednesday, February 12th. Compass Point raised their price target on Curbline Properties from $24.00 to $26.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 12th. Finally, Morgan Stanley started coverage on shares of Curbline Properties in a research note on Wednesday, January 29th. They set 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 given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $25.82.

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.