Metis Global Partners LLC Makes New Investment in Curbline Properties (NYSE:CURB)

Metis Global Partners LLC bought a new position in shares of 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. The firm bought 10,816 shares of the company’s stock, valued at approximately $251,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CURB. GAMMA Investing LLC purchased a new stake in shares of Curbline Properties during the fourth quarter valued at approximately $29,000. Mirae Asset Global Investments Co. Ltd. bought a new position in Curbline Properties in the 4th quarter valued at $62,000. KBC Group NV bought a new position in Curbline Properties in the 4th quarter valued at $89,000. Y Intercept Hong Kong Ltd purchased a new stake in shares of Curbline Properties during the 4th quarter valued at $216,000. Finally, Stratos Wealth Partners LTD. bought a new stake in shares of Curbline Properties during the 4th quarter worth $219,000.

Curbline Properties Price Performance

Shares of NYSE:CURB opened at $23.99 on Friday. Curbline Properties has a twelve month low of $20.16 and a twelve month high of $25.69. The stock’s 50-day simple moving average is $24.10.

Curbline Properties (NYSE:CURB) last issued its earnings results 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. Analysts predict that Curbline Properties will post 1 EPS for the current fiscal year.

Curbline Properties Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 8th. Shareholders of record on Friday, March 14th will be given a dividend of $0.16 per share. The ex-dividend date is Friday, March 14th. This represents a $0.64 dividend on an annualized basis and a yield of 2.67%.

Analyst Ratings Changes

Several equities analysts recently weighed in on CURB shares. Compass Point increased 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. 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 price target for the company. Finally, Piper Sandler increased their price target on shares of Curbline Properties from $28.00 to $31.00 and gave the company an “overweight” rating in a research 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. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $25.82.

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.