Piper Sandler Issues Positive Forecast for Curbline Properties (NYSE:CURB) Stock Price

Curbline Properties (NYSE:CURB) had its price objective raised by Piper Sandler from $28.00 to $31.00 in a research report sent to investors on Wednesday,Benzinga reports. They currently have an overweight rating on the stock.

Other research analysts have also recently issued research reports about the company. Compass Point raised their price target on Curbline Properties from $24.00 to $26.00 and gave the stock a “neutral” rating in a research report on Wednesday. Morgan Stanley assumed coverage on shares of Curbline Properties in a research note on Wednesday, January 29th. They set an “equal weight” rating and a $27.00 price objective on the stock. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, Curbline Properties presently has a consensus rating of “Hold” and an average target price of $25.82.

Curbline Properties Stock Down 1.5 %

NYSE CURB opened at $24.66 on Wednesday. The firm has a 50-day simple moving average of $23.76. Curbline Properties has a 12-month low of $18.80 and a 12-month high of $25.69.

Curbline Properties (NYSE:CURB) last issued its quarterly earnings results on Tuesday, February 11th. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.01. On average, research analysts forecast that Curbline Properties will post 0.59 EPS for the current fiscal year.

Curbline Properties Announces Dividend

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in CURB. Waterfront Capital Partners LLC bought a new position in shares of Curbline Properties in the third quarter worth about $1,460,000. GAMMA Investing LLC bought a new position in shares of Curbline Properties in the fourth quarter worth about $29,000. Pensionfund Sabic bought a new position in shares of Curbline Properties in the fourth quarter worth about $232,000. Perpetual Ltd bought a new position in shares of Curbline Properties in the fourth quarter worth about $438,000. Finally, Nisa Investment Advisors LLC bought a new position in shares of Curbline Properties in the fourth quarter worth about $811,000.

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.