WINTON GROUP Ltd Acquires New Shares in Curbline Properties (NYSE:CURB)

WINTON GROUP Ltd bought a new stake in Curbline Properties (NYSE:CURB) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 265,071 shares of the company’s stock, valued at approximately $6,155,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CURB. Vanguard Group Inc. acquired a new stake in shares of Curbline Properties in the 4th quarter valued at approximately $343,497,000. Daiwa Securities Group Inc. bought a new stake in Curbline Properties in the fourth quarter valued at approximately $47,214,000. Charles Schwab Investment Management Inc. acquired a new stake in Curbline Properties in the fourth quarter worth $39,792,000. Victory Capital Management Inc. bought a new position in shares of Curbline Properties during the fourth quarter worth $25,977,000. Finally, Sumitomo Mitsui Trust Group Inc. acquired a new position in shares of Curbline Properties in the 4th quarter valued at $18,320,000.

Analysts Set New Price Targets

CURB has been the topic of several research analyst reports. Compass Point raised their price objective on Curbline Properties from $24.00 to $26.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 12th. Piper Sandler raised their price target on Curbline Properties from $28.00 to $31.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 12th. Finally, Morgan Stanley initiated coverage on Curbline Properties in a research report on Wednesday, January 29th. They issued an “equal weight” rating and a $27.00 price objective for the company. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, Curbline Properties has an average rating of “Hold” and an average target price of $25.82.

Curbline Properties Trading Up 0.7 %

NYSE:CURB opened at $23.70 on Thursday. Curbline Properties has a twelve month low of $20.16 and a twelve month high of $25.69. The business’s 50 day moving average is $24.22.

Curbline Properties (NYSE:CURB) last released its quarterly earnings data on Tuesday, February 11th. The company reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.01. Research analysts forecast that Curbline Properties will post 1 EPS for the current fiscal year.

Curbline Properties Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 8th. Stockholders of record on Friday, March 14th will be issued a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.70%. The ex-dividend date of this dividend is Friday, March 14th.

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.