Virtus ETF Advisers LLC Purchases Shares of 6,005 Curbline Properties (NYSE:CURB)

Virtus ETF Advisers LLC acquired a new position in Curbline Properties (NYSE:CURB) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 6,005 shares of the company’s stock, valued at approximately $139,000.

Other large investors have also recently modified their holdings of the company. GAMMA Investing LLC purchased a new position in Curbline Properties in the fourth quarter worth $29,000. Pensionfund Sabic acquired a new stake in shares of Curbline Properties in the 4th quarter worth $232,000. Perpetual Ltd purchased a new position in Curbline Properties during the 4th quarter worth $438,000. Nisa Investment Advisors LLC acquired a new position in Curbline Properties during the 4th quarter valued at about $811,000. Finally, SG Americas Securities LLC purchased a new stake in Curbline Properties in the fourth quarter valued at about $316,000.

Curbline Properties Stock Performance

NYSE CURB opened at $23.28 on Monday. Curbline Properties has a 1 year low of $20.16 and a 1 year high of $25.69. The company has a fifty day moving average of $23.56 and a 200 day moving average of $23.69.

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, beating the consensus estimate of $0.22 by $0.01. As a group, analysts predict that Curbline Properties will post 1 EPS for the current year.

Curbline Properties Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 8th. Stockholders of record on Friday, March 14th were paid 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 dividend yield of 2.75%.

Analyst Ratings Changes

A number of analysts recently commented on the stock. Morgan Stanley lowered their target price on shares of Curbline Properties from $27.00 to $26.00 and set an “equal weight” rating for the company in a research note on Thursday. Piper Sandler raised 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. Finally, Compass Point boosted their price objective on shares of Curbline Properties from $24.00 to $26.00 and gave the company a “neutral” rating in a report on Wednesday, February 12th. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Curbline Properties has a consensus rating of “Hold” and an average target price of $25.68.

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.