Curbline Properties Corp. (NYSE:CURB) Receives $27.22 Average Price Target from Brokerages

Shares of Curbline Properties Corp. (NYSE:CURB) have been assigned a consensus rating of “Moderate Buy” from the nine research firms that are covering the stock, Marketbeat reports. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $27.2222.

Several equities research analysts recently weighed in on the stock. Truist Financial set a $27.00 target price on shares of Curbline Properties in a research note on Tuesday, January 20th. UBS Group set a $27.00 price objective on Curbline Properties in a report on Thursday, December 4th. Weiss Ratings restated a “hold (c)” rating on shares of Curbline Properties in a research note on Monday, December 29th. Wolfe Research raised shares of Curbline Properties from a “peer perform” rating to an “outperform” rating and set a $26.00 price objective for the company in a report on Monday, January 12th. Finally, KeyCorp raised shares of Curbline Properties from a “sector weight” rating to an “overweight” rating and set a $27.00 target price on the stock in a research note on Thursday, December 4th.

Curbline Properties Price Performance

Shares of NYSE:CURB opened at $24.73 on Monday. The company has a market cap of $2.61 billion, a price-to-earnings ratio of 61.83 and a beta of 0.48. The business has a 50 day moving average price of $23.61 and a 200 day moving average price of $23.13. The company has a quick ratio of 9.99, a current ratio of 9.99 and a debt-to-equity ratio of 0.21. Curbline Properties has a twelve month low of $20.91 and a twelve month high of $25.69.

Curbline Properties Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 7th. Stockholders of record on Monday, December 22nd were issued a $0.16 dividend. This represents a $0.64 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend was Monday, December 22nd. Curbline Properties’s payout ratio is presently 160.00%.

Hedge Funds Weigh In On Curbline Properties

Several institutional investors have recently bought and sold shares of CURB. VIRGINIA RETIREMENT SYSTEMS ET Al grew its holdings in shares of Curbline Properties by 83.5% during the fourth quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 127,900 shares of the company’s stock worth $2,969,000 after purchasing an additional 58,200 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in Curbline Properties by 4.4% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 75,442 shares of the company’s stock worth $1,745,000 after buying an additional 3,154 shares in the last quarter. Principal Financial Group Inc. grew its holdings in Curbline Properties by 426.5% during the 4th quarter. Principal Financial Group Inc. now owns 2,461,156 shares of the company’s stock worth $57,123,000 after acquiring an additional 1,993,711 shares during the last quarter. New York State Teachers Retirement System increased its position in Curbline Properties by 5.9% in the 4th quarter. New York State Teachers Retirement System now owns 35,353 shares of the company’s stock valued at $821,000 after acquiring an additional 1,962 shares in the last quarter. Finally, State of New Jersey Common Pension Fund D increased its position in Curbline Properties by 1.1% in the 4th quarter. State of New Jersey Common Pension Fund D now owns 167,529 shares of the company’s stock valued at $3,888,000 after acquiring an additional 1,802 shares in the last quarter.

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.