Curbline Properties (NYSE:CURB) Reaches New 12-Month High – Here’s Why

Curbline Properties (NYSE:CURB) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $25.46 and last traded at $25.19, with a volume of 30576 shares traded. The stock had previously closed at $24.52.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Stifel Nicolaus assumed coverage on shares of Curbline Properties in a research report on Wednesday, October 2nd. They set a “buy” rating and a $24.75 price target on the stock. KeyCorp initiated coverage on shares of Curbline Properties in a research report on Monday, October 7th. They set a “sector weight” rating on the stock. Citigroup initiated coverage on shares of Curbline Properties in a research report on Tuesday, October 8th. They issued a “neutral” rating and a $25.00 target price on the stock. Truist Financial initiated coverage on shares of Curbline Properties in a research report on Tuesday, October 8th. They issued a “hold” rating and a $22.00 target price on the stock. Finally, Compass Point started coverage on shares of Curbline Properties in a research report on Wednesday, January 15th. They issued a “neutral” rating and a $24.00 target price on the stock. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $24.79.

Curbline Properties Stock Performance

The stock has a 50 day simple moving average of $23.60.

Curbline Properties Dividend Announcement

The company also recently announced a dividend, which was paid on Thursday, January 16th. Investors of record on Tuesday, December 31st were paid a dividend of $0.25 per share. The ex-dividend date was Tuesday, December 31st.

Institutional Investors Weigh In On Curbline Properties

Large investors have recently bought and sold shares of the stock. Waterfront Capital Partners LLC acquired a new stake in Curbline Properties in the third quarter worth $1,460,000. Perpetual Ltd acquired a new stake in Curbline Properties in the fourth quarter worth $438,000. GAMMA Investing LLC acquired a new stake in Curbline Properties in the fourth quarter worth $29,000. Pensionfund Sabic acquired a new stake in Curbline Properties in the fourth quarter worth $232,000. Finally, Yousif Capital Management LLC acquired a new stake in Curbline Properties in the fourth quarter worth $835,000.

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.