Curbline Properties (NYSE:CURB) Price Target Raised to $31.00

Curbline Properties (NYSE:CURB) had its target price increased by Piper Sandler from $28.00 to $31.00 in a research note released on Wednesday,Benzinga reports. They currently have an overweight rating on the stock.

A number of other research analysts have also weighed in on the stock. Morgan Stanley began coverage on shares of Curbline Properties in a research note on Wednesday, January 29th. They issued an “equal weight” rating and a $27.00 price target on the stock. Compass Point lifted their price target on Curbline Properties from $24.00 to $26.00 and gave the stock a “neutral” rating in a research note on Wednesday. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $25.82.

Curbline Properties Price Performance

Curbline Properties stock opened at $24.70 on Wednesday. Curbline Properties has a 12 month low of $18.80 and a 12 month high of $25.69. The firm has a 50 day simple moving average of $23.80.

Curbline Properties (NYSE:CURB) last released its quarterly earnings results on Tuesday, February 11th. The company reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.01. As a group, equities analysts predict that Curbline Properties will post 0.59 EPS for the current fiscal year.

Curbline Properties Dividend Announcement

The company also recently announced a dividend, which was paid on Thursday, January 16th. Shareholders 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 large investors have recently added to or reduced their stakes in CURB. Vanguard Group Inc. purchased a new stake in Curbline Properties in the fourth quarter valued at $343,497,000. FMR LLC purchased a new stake in Curbline Properties in the 4th quarter valued at about $323,575,000. T. Rowe Price Investment Management Inc. acquired a new position in Curbline Properties in the fourth quarter valued at about $119,568,000. Geode Capital Management LLC purchased a new position in Curbline Properties during the fourth quarter worth about $54,894,000. Finally, Daiwa Securities Group Inc. acquired a new stake in shares of Curbline Properties during the fourth quarter valued at about $47,214,000.

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.