State of New Jersey Common Pension Fund D Takes $3.66 Million Position in Curbline Properties (NYSE:CURB)

State of New Jersey Common Pension Fund D acquired a new position in shares of Curbline Properties (NYSE:CURB) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 157,465 shares of the company’s stock, valued at approximately $3,656,000. State of New Jersey Common Pension Fund D owned approximately 0.15% of Curbline Properties as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. GAMMA Investing LLC bought a new stake in shares of Curbline Properties during the fourth quarter valued at about $29,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in Curbline Properties during the 4th quarter worth approximately $62,000. KBC Group NV purchased a new stake in Curbline Properties in the 4th quarter worth approximately $89,000. Stratos Wealth Partners LTD. bought a new position in Curbline Properties in the 4th quarter valued at $219,000. Finally, Pensionfund Sabic purchased a new position in shares of Curbline Properties during the 4th quarter valued at $232,000.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. Piper Sandler increased their price objective on Curbline Properties from $28.00 to $31.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 12th. Compass Point upped their target price on Curbline Properties from $24.00 to $26.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 12th. Finally, Morgan Stanley began coverage on 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. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $25.82.

Curbline Properties Trading Down 1.3 %

CURB opened at $24.47 on Thursday. The company has a fifty day moving average price of $23.85. Curbline Properties has a 52 week low of $18.80 and a 52 week high of $25.69.

Curbline Properties (NYSE:CURB) last announced its quarterly earnings data on Tuesday, February 11th. The company reported $0.23 EPS for the quarter, beating the consensus estimate of $0.22 by $0.01. As a group, sell-side analysts anticipate that Curbline Properties will post 1 earnings per share for the current fiscal year.

Curbline Properties Dividend Announcement

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