Signature Estate & Investment Advisors LLC Makes New Investment in Curbline Properties (NYSE:CURB)

Signature Estate & Investment Advisors LLC acquired a new stake in shares of Curbline Properties (NYSE:CURB) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,628 shares of the company’s stock, valued at approximately $200,000.

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

Curbline Properties Price Performance

Shares of CURB stock opened at $24.04 on Friday. The firm has a 50-day moving average price of $24.23. Curbline Properties has a one year low of $20.16 and a one year high of $25.69.

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

Curbline Properties Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 8th. Investors of record on Friday, March 14th will be given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.66%. The ex-dividend date of this dividend is Friday, March 14th.

Wall Street Analysts Forecast Growth

CURB has been the topic of several research reports. Piper Sandler upped their price objective 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 started coverage on shares of Curbline Properties in a research report on Wednesday, January 29th. They set an “equal weight” rating and a $27.00 target price for the company. Finally, Compass Point lifted their price target on Curbline Properties from $24.00 to $26.00 and gave the company a “neutral” rating in a research note on Wednesday, February 12th. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $25.82.

Curbline Properties 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.