Diamond Hill Capital Management Inc. bought a new stake in shares of Curbline Properties (NYSE:CURB – Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 81,966 shares of the company’s stock, valued at approximately $1,903,000.
Several other institutional investors and hedge funds also recently bought and sold shares of CURB. GAMMA Investing LLC purchased a new position in Curbline Properties during the fourth quarter valued at $29,000. Smartleaf Asset Management LLC purchased a new position in Curbline Properties during the fourth quarter valued at $31,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in Curbline Properties during the fourth quarter valued at $62,000. Vestcor Inc purchased a new position in Curbline Properties during the fourth quarter valued at $73,000. Finally, KBC Group NV purchased a new position in Curbline Properties during the fourth quarter valued at $89,000.
Curbline Properties Trading Up 0.4 %
NYSE:CURB opened at $23.34 on Friday. Curbline Properties has a 12 month low of $20.16 and a 12 month high of $25.69. The stock has a 50-day moving average price of $24.14.
Curbline Properties Cuts Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 8th. Investors of record on Friday, March 14th will be given 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 2.74%.
Wall Street Analysts Forecast Growth
CURB has been the topic of several analyst reports. Piper Sandler lifted their target price on Curbline Properties from $28.00 to $31.00 and gave the company an “overweight” rating in a research report on Wednesday, February 12th. Compass Point boosted their price objective on Curbline Properties from $24.00 to $26.00 and gave the company a “neutral” rating in a research report on Wednesday, February 12th. Finally, Morgan Stanley started coverage on Curbline Properties in a research report on Wednesday, January 29th. They issued an “equal weight” rating and a $27.00 price objective on the stock. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, Curbline Properties presently has a consensus rating of “Hold” and a consensus target price of $25.82.
View Our Latest Stock Analysis on CURB
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.
Featured Articles
- Five stocks we like better than Curbline Properties
- Profitably Trade Stocks at 52-Week Highs
- Rubrik Stock’s V-Bottom Reversal Signals a Major Rally Ahead
- How to Effectively Use the MarketBeat Ratings Screener
- How Super Micro Computer Stock Is Defying the Market Sell-Off
- How to Calculate Retirement Income: MarketBeat’s Calculator
- AppLovin vs. HPE: Which Tech Stock Can Bounce Back Faster?
Want to see what other hedge funds are holding CURB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Curbline Properties (NYSE:CURB – Free Report).
Receive News & Ratings for Curbline Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Curbline Properties and related companies with MarketBeat.com's FREE daily email newsletter.