State of Wyoming boosted its holdings in Curbline Properties Corp. (NYSE:CURB – Free Report) by 291.6% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 22,249 shares of the company’s stock after buying an additional 16,567 shares during the quarter. State of Wyoming’s holdings in Curbline Properties were worth $574,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Rockefeller Capital Management L.P. grew its holdings in shares of Curbline Properties by 125.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,176 shares of the company’s stock valued at $27,000 after purchasing an additional 654 shares during the last quarter. Parallel Advisors LLC lifted its stake in Curbline Properties by 393.7% in the 3rd quarter. Parallel Advisors LLC now owns 2,039 shares of the company’s stock valued at $45,000 after purchasing an additional 1,626 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in Curbline Properties by 33.5% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,768 shares of the company’s stock worth $64,000 after acquiring an additional 694 shares during the last quarter. Federation des caisses Desjardins du Quebec boosted its stake in shares of Curbline Properties by 25.9% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 8,128 shares of the company’s stock valued at $189,000 after purchasing an additional 1,672 shares in the last quarter. Finally, BNP Paribas Financial Markets raised its holdings in Curbline Properties by 28.5% in the 2nd quarter. BNP Paribas Financial Markets now owns 9,437 shares of the company’s stock valued at $215,000 after buying an additional 2,091 shares during the last quarter.
Curbline Properties Price Performance
Shares of CURB opened at $31.57 on Friday. The business has a 50-day moving average of $30.02 and a 200-day moving average of $27.57. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.20 and a quick ratio of 1.20. The company has a market capitalization of $3.60 billion, a price-to-earnings ratio of 101.85 and a beta of 0.51. Curbline Properties Corp. has a 1 year low of $21.62 and a 1 year high of $31.90.
Curbline Properties Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th were given a $0.17 dividend. The ex-dividend date was Thursday, June 18th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.2%. Curbline Properties’s payout ratio is 219.35%.
Analysts Set New Price Targets
A number of equities research analysts have weighed in on the stock. Morgan Stanley reissued an “equal weight” rating and set a $30.00 target price on shares of Curbline Properties in a report on Thursday, June 18th. Weiss Ratings downgraded shares of Curbline Properties from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, May 1st. Citigroup lifted their price target on shares of Curbline Properties from $30.00 to $33.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Wolfe Research cut shares of Curbline Properties from an “outperform” rating to a “peer perform” rating in a research note on Monday, June 15th. Finally, KeyCorp increased their price objective on Curbline Properties from $30.00 to $32.00 and gave the company an “overweight” rating in a report on Monday, June 22nd. Five research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $30.44.
Check Out Our Latest Stock Analysis on CURB
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.
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