Oregon Public Employees Retirement Fund Takes $517,000 Position in Curbline Properties (NYSE:CURB)

Oregon Public Employees Retirement Fund bought a new stake in shares of Curbline Properties (NYSE:CURB) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 22,274 shares of the company’s stock, valued at approximately $517,000.

Other large investors also recently modified their holdings of the company. GAMMA Investing LLC acquired a new stake in shares of Curbline Properties during the fourth quarter valued at about $29,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in Curbline Properties in the fourth quarter worth about $62,000. KBC Group NV acquired a new position in Curbline Properties in the fourth quarter worth about $89,000. Y Intercept Hong Kong Ltd acquired a new position in Curbline Properties in the fourth quarter worth about $216,000. Finally, Stratos Wealth Partners LTD. acquired a new position in Curbline Properties in the fourth quarter worth about $219,000.

Wall Street Analyst Weigh In

A number of research firms recently commented on CURB. Piper Sandler lifted their price target on Curbline Properties from $28.00 to $31.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 12th. Morgan Stanley began coverage on Curbline Properties in a research note on Wednesday, January 29th. They issued an “equal weight” rating and a $27.00 price target for the company. Finally, 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, 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, Curbline Properties has an average rating of “Hold” and a consensus target price of $25.82.

Curbline Properties Trading Up 0.6 %

Shares of NYSE CURB opened at $24.57 on Monday. The stock has a 50-day simple moving average of $24.06. Curbline Properties has a 52-week low of $18.80 and a 52-week high of $25.69.

Curbline Properties (NYSE:CURB) last issued its earnings results on Tuesday, February 11th. The company reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.01. As a group, analysts anticipate that Curbline Properties will post 1 EPS for the current fiscal year.

Curbline Properties Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 8th. Stockholders of record on Friday, March 14th will be issued a dividend of $0.16 per share. The ex-dividend date is Friday, March 14th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.60%.

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.