Nissay Asset Management Corp Japan ADV Takes $329,000 Position in Curbline Properties (NYSE:CURB)

Nissay Asset Management Corp Japan ADV purchased a new stake in shares of Curbline Properties (NYSE:CURB) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 14,019 shares of the company’s stock, valued at approximately $329,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Amundi purchased a new position in shares of Curbline Properties during the 4th quarter valued at $1,194,000. Nisa Investment Advisors LLC purchased a new position in shares of Curbline Properties during the 4th quarter valued at $811,000. Invesco Ltd. purchased a new position in shares of Curbline Properties during the 4th quarter valued at $10,183,000. Rhumbline Advisers purchased a new position in shares of Curbline Properties during the 4th quarter valued at $6,986,000. Finally, Corebridge Financial Inc. purchased a new position in shares of Curbline Properties during the 4th quarter valued at $1,174,000.

Curbline Properties Stock Performance

CURB stock opened at $23.69 on Monday. Curbline Properties has a 52-week low of $20.16 and a 52-week high of $25.69. The company has a 50-day moving average of $23.28 and a two-hundred day moving average of $23.72.

Curbline Properties (NYSE:CURB) last released its quarterly earnings results on Thursday, April 24th. The company reported $0.24 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.24. The firm had revenue of $38.44 million for the quarter, compared to the consensus estimate of $34.51 million. The business’s revenue for the quarter was up 38.2% compared to the same quarter last year. Equities analysts anticipate that Curbline Properties will post 1 EPS for the current fiscal year.

Curbline Properties Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 9th. Shareholders of record on Wednesday, June 18th will be issued a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 2.70%. The ex-dividend date is Wednesday, June 18th.

Wall Street Analysts Forecast Growth

CURB has been the subject of a number of recent research reports. Compass Point upped their price objective on shares of Curbline Properties from $24.00 to $26.00 and gave the stock a “neutral” rating in a report on Wednesday, February 12th. Piper Sandler upped their price objective on shares of Curbline Properties from $28.00 to $31.00 and gave the stock an “overweight” rating in a report on Wednesday, February 12th. Finally, Morgan Stanley decreased their price objective on shares of Curbline Properties from $27.00 to $26.00 and set an “equal weight” rating for the company in a report on Thursday, April 24th. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Curbline Properties has a consensus rating of “Hold” and an average price target of $25.68.

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.