Curbline Properties Corp. $CURB Shares Sold by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd reduced its stake in Curbline Properties Corp. (NYSE:CURB) by 54.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 46,369 shares of the company’s stock after selling 55,289 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Curbline Properties were worth $1,034,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of CURB. Royal Bank of Canada raised its holdings in shares of Curbline Properties by 43.7% during the first quarter. Royal Bank of Canada now owns 17,595 shares of the company’s stock valued at $425,000 after buying an additional 5,351 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Curbline Properties by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 56,529 shares of the company’s stock valued at $1,367,000 after purchasing an additional 2,483 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in Curbline Properties by 11.9% during the first quarter. Goldman Sachs Group Inc. now owns 727,420 shares of the company’s stock worth $17,596,000 after buying an additional 77,322 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of Curbline Properties during the 1st quarter worth $4,025,000. Finally, Intech Investment Management LLC grew its holdings in shares of Curbline Properties by 58.6% in the 1st quarter. Intech Investment Management LLC now owns 51,984 shares of the company’s stock worth $1,257,000 after acquiring an additional 19,204 shares during the last quarter.

Analyst Ratings Changes

Several brokerages have recently commented on CURB. Wolfe Research raised Curbline Properties from a “peer perform” rating to an “outperform” rating and set a $26.00 target price for the company in a report on Monday, January 12th. Citigroup upgraded shares of Curbline Properties from a “neutral” rating to a “buy” rating and raised their target price for the stock from $25.00 to $27.00 in a report on Wednesday, November 19th. Truist Financial set a $27.00 price target on shares of Curbline Properties in a report on Tuesday, January 20th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Curbline Properties in a research note on Monday, December 29th. Finally, UBS Group set a $27.00 price objective on shares of Curbline Properties in a research report on Thursday, December 4th. Six research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Curbline Properties has a consensus rating of “Moderate Buy” and an average price target of $27.22.

Curbline Properties Price Performance

NYSE CURB opened at $24.25 on Monday. The company has a debt-to-equity ratio of 0.21, a current ratio of 9.99 and a quick ratio of 9.99. The firm has a market capitalization of $2.56 billion, a price-to-earnings ratio of 60.63 and a beta of 0.47. The company has a 50 day simple moving average of $23.56 and a 200-day simple moving average of $23.10. Curbline Properties Corp. has a 52-week low of $20.91 and a 52-week high of $25.69.

Curbline Properties Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 7th. Shareholders of record on Monday, December 22nd were paid a dividend of $0.16 per share. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.6%. Curbline Properties’s dividend payout ratio (DPR) is 160.00%.

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.