Curbline Properties Corp. $CURB Stock Holdings Lowered by Strs Ohio

Strs Ohio cut its holdings in shares of Curbline Properties Corp. (NYSE:CURB) by 63.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 211,400 shares of the company’s stock after selling 368,400 shares during the period. Strs Ohio’s holdings in Curbline Properties were worth $4,907,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in CURB. State Street Corp grew its position in Curbline Properties by 1.9% in the second quarter. State Street Corp now owns 5,515,437 shares of the company’s stock worth $126,772,000 after buying an additional 101,813 shares during the last quarter. Daiwa Securities Group Inc. lifted its position in shares of Curbline Properties by 25.4% during the 3rd quarter. Daiwa Securities Group Inc. now owns 2,778,716 shares of the company’s stock valued at $61,966,000 after acquiring an additional 562,642 shares during the last quarter. GRS Advisors LLC boosted its stake in shares of Curbline Properties by 1.3% during the 3rd quarter. GRS Advisors LLC now owns 2,402,558 shares of the company’s stock worth $53,577,000 after acquiring an additional 31,781 shares in the last quarter. Balyasny Asset Management L.P. boosted its stake in shares of Curbline Properties by 36.4% during the 2nd quarter. Balyasny Asset Management L.P. now owns 2,164,444 shares of the company’s stock worth $49,414,000 after acquiring an additional 577,037 shares in the last quarter. Finally, Aew Capital Management L P grew its holdings in shares of Curbline Properties by 111.2% in the 3rd quarter. Aew Capital Management L P now owns 1,547,924 shares of the company’s stock worth $34,519,000 after acquiring an additional 815,060 shares during the last quarter.

Analyst Ratings Changes

Several equities research analysts have recently commented on CURB shares. KeyCorp upped their target price on Curbline Properties from $28.00 to $30.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Truist Financial boosted their price objective on Curbline Properties from $27.00 to $31.00 and gave the stock a “buy” rating in a report on Thursday, March 5th. Weiss Ratings lowered shares of Curbline Properties from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday. Piper Sandler raised their target price on shares of Curbline Properties from $30.00 to $32.00 and gave the stock an “overweight” rating in a report on Tuesday, February 17th. Finally, Citigroup lifted their target price on shares of Curbline Properties from $30.00 to $33.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Seven research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $29.44.

Curbline Properties Price Performance

CURB opened at $27.63 on Wednesday. The firm has a market capitalization of $2.92 billion, a P/E ratio of 89.14 and a beta of 0.52. The stock has a fifty day moving average of $27.10 and a 200-day moving average of $25.03. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.18. Curbline Properties Corp. has a 12-month low of $21.62 and a 12-month high of $28.94.

Curbline Properties (NYSE:CURB) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.05 by $0.23. The business had revenue of $57.99 million for the quarter, compared to the consensus estimate of $53.34 million. Curbline Properties had a return on equity of 1.74% and a net margin of 16.24%.Curbline Properties’s revenue for the quarter was up 51.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.24 earnings per share. Curbline Properties has set its FY 2026 guidance at 1.200-1.230 EPS. Equities analysts forecast that Curbline Properties Corp. will post 1.21 EPS for the current fiscal year.

Curbline Properties Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 18th were paid a dividend of $0.17 per share. This is a boost from Curbline Properties’s previous quarterly dividend of $0.16. The ex-dividend date of this dividend was Wednesday, March 18th. This represents a $0.68 annualized dividend and a yield of 2.5%. Curbline Properties’s dividend payout ratio (DPR) is presently 219.35%.

Insider Buying and Selling at Curbline Properties

In other news, CEO David R. Lukes sold 83,663 shares of the company’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $26.83, for a total value of $2,244,678.29. Following the transaction, the chief executive officer owned 506,597 shares in the company, valued at $13,591,997.51. This represents a 14.17% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 8.70% of the stock is owned by corporate insiders.

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.