Deutsche Bank AG Acquires 97,259 Shares of Curbline Properties (NYSE:CURB)

Deutsche Bank AG increased its holdings in shares of Curbline Properties (NYSE:CURB) by 508.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 116,381 shares of the company’s stock after buying an additional 97,259 shares during the period. Deutsche Bank AG owned 0.11% of Curbline Properties worth $2,702,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of CURB. Smartleaf Asset Management LLC bought a new stake in shares of Curbline Properties during the fourth quarter worth approximately $31,000. Quadrant Capital Group LLC bought a new stake in shares of Curbline Properties during the fourth quarter worth approximately $31,000. Covestor Ltd raised its stake in shares of Curbline Properties by 390.2% during the fourth quarter. Covestor Ltd now owns 1,593 shares of the company’s stock worth $37,000 after buying an additional 1,268 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Curbline Properties during the fourth quarter worth approximately $62,000. Finally, Sterling Capital Management LLC bought a new stake in shares of Curbline Properties during the fourth quarter worth approximately $69,000.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on CURB shares. Piper Sandler boosted their price target on shares of Curbline Properties from $28.00 to $31.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 12th. Compass Point boosted their price objective on shares of Curbline Properties from $24.00 to $26.00 and gave the company a “neutral” 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 analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, Curbline Properties presently has a consensus rating of “Hold” and a consensus target price of $25.68.

Curbline Properties Trading Down 3.7%

Curbline Properties stock opened at $22.34 on Thursday. Curbline Properties has a twelve month low of $20.16 and a twelve month high of $25.69. The company has a 50 day moving average of $23.25 and a 200-day moving average of $23.71.

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

Curbline Properties Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 9th. Stockholders of record on Wednesday, June 18th will be issued a $0.16 dividend. This represents a $0.64 annualized dividend and a dividend yield of 2.87%. The ex-dividend date is Wednesday, June 18th.

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.