KLP Kapitalforvaltning AS Takes Position in Curbline Properties (NYSE:CURB)

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KLP Kapitalforvaltning AS purchased a new stake in Curbline Properties (NYSE:CURB – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 19,350 shares of the company’s stock, valued at approximately $453,000. Other hedge funds have also recently bought and sold [...]

KLP Kapitalforvaltning AS purchased a new stake in Curbline Properties (NYSE:CURB – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 19,350 shares of the company’s stock, valued at approximately $453,000. Other hedge funds have also recently bought and sold shares of the company.

GAMMA Investing LLC purchased a new stake in Curbline Properties in the 4th quarter worth about $29,000. Smartleaf Asset Management LLC bought a new stake in shares of Curbline Properties in the fourth quarter valued at approximately $31,000. Mirae Asset Global Investments Co.



Ltd. purchased a new stake in shares of Curbline Properties during the 4th quarter valued at approximately $62,000. Vestcor Inc purchased a new position in shares of Curbline Properties in the fourth quarter valued at $73,000.

Finally, KBC Group NV bought a new stake in shares of Curbline Properties during the 4th quarter valued at $89,000. Curbline Properties Stock Down 4.4 %Shares of NYSE:CURB opened at $23.

17 on Friday. The company’s 50 day moving average is $24.28.

Curbline Properties has a 12-month low of $20.16 and a 12-month high of $25.69.

Curbline Properties (NYSE:CURB – Get Free Report) last released its quarterly earnings data on Tuesday, February 11th. The company reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.

22 by $0.01. On average, sell-side analysts expect that Curbline Properties will post 1 earnings per share for the current year.

Curbline Properties Cuts DividendThe business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 8th. Stockholders of record on Friday, March 14th will be given a dividend of $0.16 per share.

This represents a $0.64 annualized dividend and a dividend yield of 2.76%.

The ex-dividend date of this dividend is Friday, March 14th. Wall Street Analyst Weigh InA number of research firms have weighed in on CURB. Piper Sandler lifted their target price on Curbline Properties from $28.

00 to $31.00 and gave the company an “overweight” rating in a report on Wednesday, February 12th. Morgan Stanley began 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. Finally, Compass Point boosted their price target on shares of Curbline Properties from $24.

00 to $26.00 and gave the company a “neutral” rating in a research report on Wednesday, February 12th. Five research 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, Curbline Properties has an average rating of “Hold” and an average target price of $25.82.Get Our Latest Stock Analysis on CURBAbout Curbline Properties (Free Report)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.

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