Man Group plc Makes New $1.25 Million Investment in Curbline Properties Corp. $CURB

Man Group plc purchased a new position in shares of Curbline Properties Corp. (NYSE:CURB) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 41,223 shares of the company’s stock, valued at approximately $1,253,000.

Other hedge funds have also recently modified their holdings of the company. Rockefeller Capital Management L.P. raised its position in shares of Curbline Properties by 125.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,176 shares of the company’s stock valued at $27,000 after purchasing an additional 654 shares during the last quarter. Parallel Advisors LLC grew its position in Curbline Properties by 393.7% during the 3rd quarter. Parallel Advisors LLC now owns 2,039 shares of the company’s stock worth $45,000 after purchasing an additional 1,626 shares during the last quarter. Federation des caisses Desjardins du Quebec increased its stake in Curbline Properties by 25.9% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 8,128 shares of the company’s stock valued at $189,000 after purchasing an additional 1,672 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in Curbline Properties during the 1st quarter valued at approximately $224,000. Finally, Arrowstreet Capital Limited Partnership purchased a new position in shares of Curbline Properties in the first quarter worth $243,000.

Insiders Place Their Bets

In other Curbline Properties news, Director Alexander Otto sold 134,868 shares of Curbline Properties stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $30.17, for a total transaction of $4,068,967.56. Following the completion of the transaction, the director owned 6,922,526 shares in the company, valued at approximately $208,852,609.42. This trade represents a 1.91% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Over the last 90 days, insiders sold 1,078,639 shares of company stock worth $32,478,760. 8.70% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms have recently commented on CURB. Wolfe Research downgraded shares of Curbline Properties from an “outperform” rating to a “peer perform” rating in a research note on Monday, June 15th. KeyCorp raised their target price on Curbline Properties from $32.00 to $34.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Jefferies Financial Group began coverage on Curbline Properties in a research report on Tuesday, August 25th. They set a “buy” rating and a $36.00 price target for the company. Wall Street Zen upgraded Curbline Properties from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 1st. Finally, Piper Sandler cut their price objective on Curbline Properties from $40.00 to $39.00 and set an “overweight” rating on the stock in a report on Thursday, August 27th. Seven analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $31.50.

Curbline Properties Stock Down 0.3%

NYSE:CURB opened at $29.51 on Thursday. The firm has a market capitalization of $3.40 billion, a P/E ratio of 109.30 and a beta of 0.49. Curbline Properties Corp. has a 1-year low of $21.93 and a 1-year high of $32.15. The company’s fifty day moving average price is $30.40 and its 200-day moving average price is $28.73. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.63 and a quick ratio of 0.63.

Curbline Properties (NYSE:CURB) last posted its earnings results on Tuesday, July 28th. The company reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.27. The company had revenue of $63.30 million during the quarter, compared to the consensus estimate of $57.25 million. Curbline Properties had a net margin of 13.10% and a return on equity of 1.50%. The firm’s quarterly revenue was up 52.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.26 earnings per share. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. As a group, equities research analysts anticipate that Curbline Properties Corp. will post 1.25 EPS for the current year.

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.