Mirae Asset Global Investments Co. Ltd. Takes $62,000 Position in Curbline Properties (NYSE:CURB)

Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Curbline Properties (NYSE:CURB) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 2,634 shares of the company’s stock, valued at approximately $62,000.

Several other institutional investors have also recently added to or reduced their stakes in CURB. GAMMA Investing LLC bought a new position in shares of Curbline Properties in the fourth quarter valued at about $29,000. KBC Group NV bought a new position in shares of Curbline Properties in the fourth quarter worth about $89,000. Stratos Wealth Partners LTD. acquired a new position in shares of Curbline Properties during the fourth quarter worth approximately $219,000. Pensionfund Sabic bought a new stake in shares of Curbline Properties during the fourth quarter valued at approximately $232,000. Finally, SG Americas Securities LLC acquired a new stake in shares of Curbline Properties in the fourth quarter valued at approximately $316,000.

Curbline Properties Price Performance

CURB opened at $24.70 on Friday. Curbline Properties has a 12 month low of $18.80 and a 12 month high of $25.69. The company has a fifty day moving average price of $23.80.

Curbline Properties (NYSE:CURB) last announced its quarterly earnings results on Tuesday, February 11th. The company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.01. As a group, sell-side analysts forecast that Curbline Properties will post 0.59 earnings per share for the current fiscal year.

Curbline Properties Dividend Announcement

The business also recently declared a dividend, which was paid on Thursday, January 16th. Shareholders of record on Tuesday, December 31st were paid a $0.25 dividend. The ex-dividend date of this dividend was Tuesday, December 31st.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Piper Sandler upped their price objective on Curbline Properties from $28.00 to $31.00 and gave the stock an “overweight” rating in a report on Wednesday. Compass Point lifted 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. Finally, Morgan Stanley started coverage on Curbline Properties in a report on Wednesday, January 29th. They issued an “equal weight” rating and a $27.00 price objective for the company. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $25.82.

Curbline Properties Company 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.