Curbline Properties (NYSE:CURB) Sees Unusually-High Trading Volume – Time to Buy?

Curbline Properties (NYSE:CURB) saw strong trading volume on Tuesday . 409,942 shares were traded during trading, an increase of 1% from the previous session’s volume of 405,475 shares.The stock last traded at $23.31 and had previously closed at $22.93.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. Stifel Nicolaus started coverage on shares of Curbline Properties in a research note on Wednesday, October 2nd. They issued a “buy” rating and a $24.75 price target on the stock. JPMorgan Chase & Co. started coverage on Curbline Properties in a research note on Friday, October 4th. They set an “overweight” rating and a $25.00 price target for the company. Piper Sandler began coverage on Curbline Properties in a research note on Thursday, October 17th. They issued an “overweight” rating and a $28.00 price target for the company. Citigroup began coverage on shares of Curbline Properties in a research report on Tuesday, October 8th. They set a “neutral” rating and a $25.00 price objective on the stock. Finally, KeyCorp assumed coverage on shares of Curbline Properties in a research report on Monday, October 7th. They issued a “sector weight” rating for the company. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $24.95.

Curbline Properties Price Performance

The business has a fifty day moving average of $23.65.

Curbline Properties Announces Dividend

The company also recently announced a dividend, which will be paid on Thursday, January 16th. Investors of record on Tuesday, December 31st will be issued a $0.25 dividend. The ex-dividend date is Tuesday, December 31st.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Waterfront Capital Partners LLC bought a new stake in shares of Curbline Properties in the third quarter valued at approximately $1,460,000. Pensionfund Sabic bought a new stake in Curbline Properties in the 4th quarter valued at $232,000. Finally, GAMMA Investing LLC acquired a new stake in Curbline Properties in the 4th quarter worth $29,000.

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.