State of Alaska Department of Revenue Buys New Position in Curbline Properties (NYSE:CURB)

State of Alaska Department of Revenue bought a new stake in Curbline Properties (NYSE:CURB) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 99,207 shares of the company’s stock, valued at approximately $2,302,000.

Other institutional investors have also added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. acquired a new position in Curbline Properties in the fourth quarter valued at approximately $62,000. Stratos Wealth Partners LTD. acquired a new position in Curbline Properties in the fourth quarter valued at approximately $219,000. Yousif Capital Management LLC acquired a new position in Curbline Properties in the fourth quarter valued at approximately $835,000. abrdn plc acquired a new position in Curbline Properties in the fourth quarter valued at approximately $16,081,000. Finally, KBC Group NV acquired a new position in Curbline Properties in the fourth quarter valued at approximately $89,000.

Analysts Set New Price Targets

Several equities analysts have issued reports on CURB shares. Compass Point started coverage on Curbline Properties in a research note on Wednesday, January 15th. They issued a “neutral” rating and a $24.00 price target on the stock. Piper Sandler initiated coverage on Curbline Properties in a research report on Thursday, October 17th. They set an “overweight” rating and a $28.00 target price on the stock. Finally, Morgan Stanley assumed coverage on Curbline Properties in a research report on Wednesday, January 29th. They set an “equal weight” rating and a $27.00 target price on the stock. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, Curbline Properties has an average rating of “Hold” and an average target price of $25.11.

Curbline Properties Stock Performance

Shares of NYSE:CURB opened at $24.64 on Tuesday. The firm’s 50 day moving average is $23.74. Curbline Properties has a 12-month low of $18.80 and a 12-month high of $25.67.

Curbline Properties Announces Dividend

The company also recently announced a dividend, which was paid on Thursday, January 16th. Stockholders of record on Tuesday, December 31st were paid a $0.25 dividend. The ex-dividend date was Tuesday, December 31st.

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.