Greenland Capital Management LP Makes New $241,000 Investment in Curbline Properties (NYSE:CURB)

Greenland Capital Management LP bought a new position in Curbline Properties (NYSE:CURB) in the 4th quarter, Holdings Channel.com reports. The firm bought 10,381 shares of the company’s stock, valued at approximately $241,000.

Other large investors have also modified their holdings of the company. GAMMA Investing LLC purchased a new position in Curbline Properties in the 4th quarter worth approximately $29,000. Smartleaf Asset Management LLC purchased a new position in shares of Curbline Properties in the fourth quarter valued at $31,000. Quadrant Capital Group LLC purchased a new position in shares of Curbline Properties in the fourth quarter valued at $31,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Curbline Properties during the 4th quarter valued at $62,000. Finally, Vestcor Inc purchased a new stake in Curbline Properties during the 4th quarter worth $73,000.

Curbline Properties Price Performance

Shares of Curbline Properties stock opened at $21.54 on Wednesday. The company has a 50-day moving average price of $24.09. Curbline Properties has a fifty-two week low of $20.16 and a fifty-two week 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 for the quarter, beating analysts’ consensus estimates of $0.22 by $0.01. Equities research analysts anticipate that Curbline Properties will post 1 earnings per share for the current fiscal year.

Curbline Properties Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 8th. Shareholders of record on Friday, March 14th were paid a dividend of $0.16 per share. The ex-dividend date was Friday, March 14th. This represents a $0.64 annualized dividend and a yield of 2.97%.

Analysts Set New Price Targets

A number of research firms have weighed in on CURB. Morgan Stanley initiated coverage on shares of Curbline Properties in a research report on Wednesday, January 29th. They issued an “equal weight” rating and a $27.00 price objective for the company. Piper Sandler raised their price objective on Curbline Properties from $28.00 to $31.00 and gave the company an “overweight” rating in a research note on Wednesday, February 12th. Finally, Compass Point upped their target price on Curbline Properties from $24.00 to $26.00 and gave the company a “neutral” rating in a research report on Wednesday, February 12th. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price 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.