Public Employees Retirement System of Ohio Purchases Shares of 189,760 Curbline Properties Corp. $CURB

Public Employees Retirement System of Ohio acquired a new position in Curbline Properties Corp. (NYSE:CURB) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 189,760 shares of the company’s stock, valued at approximately $5,769,000. Public Employees Retirement System of Ohio owned 0.16% of Curbline Properties at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of CURB. UBS Group AG raised its stake in shares of Curbline Properties by 175.2% in the fourth quarter. UBS Group AG now owns 425,331 shares of the company’s stock valued at $9,872,000 after purchasing an additional 270,800 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Curbline Properties by 5.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,523,270 shares of the company’s stock worth $35,355,000 after buying an additional 74,477 shares in the last quarter. Principal Financial Group Inc. boosted its stake in Curbline Properties by 426.5% during the fourth quarter. Principal Financial Group Inc. now owns 2,461,156 shares of the company’s stock worth $57,123,000 after buying an additional 1,993,711 shares in the last quarter. Diamond Hill Capital Management Inc. increased its holdings in Curbline Properties by 48.7% in the 4th quarter. Diamond Hill Capital Management Inc. now owns 177,437 shares of the company’s stock valued at $4,118,000 after buying an additional 58,138 shares during the period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in Curbline Properties in the 2nd quarter valued at $2,550,000.

Curbline Properties Price Performance

Curbline Properties stock opened at $29.51 on Thursday. Curbline Properties Corp. has a 12-month low of $21.93 and a 12-month high of $32.15. The business’s 50-day simple moving average is $30.40 and its 200 day simple moving average is $28.73. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.17. The stock has a market cap of $3.40 billion, a price-to-earnings ratio of 109.30 and a beta of 0.49.

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

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the stock. Morgan Stanley restated an “equal weight” rating and issued a $30.00 price objective on shares of Curbline Properties in a research note on Thursday, June 18th. Piper Sandler lowered their target price on shares of Curbline Properties from $40.00 to $39.00 and set an “overweight” rating on the stock in a research note on Thursday, August 27th. Jefferies Financial Group began coverage on shares of Curbline Properties in a research report on Tuesday, August 25th. They issued a “buy” rating and a $36.00 price target for the company. Citigroup lifted their price objective on Curbline Properties from $33.00 to $36.00 and gave the company a “buy” rating in a report on Monday, August 3rd. Finally, Wolfe Research lowered Curbline Properties from an “outperform” rating to a “peer perform” rating in a research note on Monday, June 15th. Seven investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $31.50.

Insider Activity at Curbline Properties

In related news, Director Alexander Otto sold 134,868 shares of the stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $30.17, for a total value of $4,068,967.56. Following the sale, the director directly owned 6,922,526 shares in the company, valued at $208,852,609.42. This trade represents a 1.91% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Over the last three months, insiders sold 1,078,639 shares of company stock valued at $32,478,760. Corporate insiders own 8.70% of the company’s stock.

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.