Daiwa Securities Group Inc. Has $62.75 Million Holdings in Curbline Properties Corp. $CURB

Daiwa Securities Group Inc. cut its holdings in Curbline Properties Corp. (NYSE:CURB) by 2.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 2,703,509 shares of the company’s stock after selling 75,207 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Curbline Properties were worth $62,749,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of CURB. Royal Bank of Canada boosted its stake in Curbline Properties by 43.7% in the first quarter. Royal Bank of Canada now owns 17,595 shares of the company’s stock valued at $425,000 after buying an additional 5,351 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Curbline Properties by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 56,529 shares of the company’s stock valued at $1,367,000 after buying an additional 2,483 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in Curbline Properties by 11.9% in the first quarter. Goldman Sachs Group Inc. now owns 727,420 shares of the company’s stock valued at $17,596,000 after buying an additional 77,322 shares in the last quarter. Jane Street Group LLC acquired a new stake in Curbline Properties in the first quarter valued at about $4,025,000. Finally, Intech Investment Management LLC boosted its stake in Curbline Properties by 58.6% in the first quarter. Intech Investment Management LLC now owns 51,984 shares of the company’s stock valued at $1,257,000 after buying an additional 19,204 shares in the last quarter.

Insider Activity

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

Curbline Properties Price Performance

Curbline Properties stock opened at $28.96 on Friday. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $3.06 billion, a PE ratio of 93.43 and a beta of 0.55. Curbline Properties Corp. has a 12 month low of $21.62 and a 12 month high of $29.49. The stock has a 50-day moving average price of $27.62 and a two-hundred day moving average price of $25.76.

Curbline Properties (NYSE:CURB) last posted its earnings results on Tuesday, April 28th. The company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.05 by $0.23. The firm had revenue of $57.99 million during 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%.The business’s quarterly revenue was up 51.0% on a year-over-year basis. During the same period last year, the company earned $0.24 earnings per share. Curbline Properties has set its FY 2026 guidance at 1.200-1.230 EPS. Analysts expect that Curbline Properties Corp. will post 1.21 EPS for the current year.

Curbline Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th will be given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Thursday, June 18th. Curbline Properties’s dividend payout ratio (DPR) is 219.35%.

Analyst Upgrades and Downgrades

Several research firms have commented on CURB. Morgan Stanley increased their target price on Curbline Properties from $29.00 to $30.00 and gave the company an “overweight” rating in a research report on Thursday, April 23rd. KeyCorp increased their target price on Curbline Properties from $28.00 to $30.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Truist Financial increased their target price on Curbline Properties from $27.00 to $31.00 and gave the company a “buy” rating in a research report on Thursday, March 5th. Weiss Ratings downgraded Curbline Properties from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 1st. Finally, JPMorgan Chase & Co. increased their target price on Curbline Properties from $30.00 to $31.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. Seven analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $29.44.

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.