SG Americas Securities LLC Sells 371,311 Shares of Curbline Properties Corp. $CURB

SG Americas Securities LLC lessened its position in shares of Curbline Properties Corp. (NYSE:CURB) by 81.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 82,733 shares of the company’s stock after selling 371,311 shares during the period. SG Americas Securities LLC’s holdings in Curbline Properties were worth $2,134,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Rockefeller Capital Management L.P. increased its holdings in Curbline Properties by 125.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,176 shares of the company’s stock worth $27,000 after acquiring an additional 654 shares during the last quarter. Parallel Advisors LLC boosted its position in Curbline Properties by 393.7% during the third 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 period. Mirae Asset Global Investments Co. Ltd. boosted its position in Curbline Properties by 33.5% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,768 shares of the company’s stock worth $64,000 after purchasing an additional 694 shares during the period. Federation des caisses Desjardins du Quebec increased its stake in shares of Curbline Properties by 25.9% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 8,128 shares of the company’s stock worth $189,000 after purchasing an additional 1,672 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its stake in shares of Curbline Properties by 28.5% in the second quarter. BNP Paribas Financial Markets now owns 9,437 shares of the company’s stock worth $215,000 after purchasing an additional 2,091 shares in the last quarter.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. Citigroup upped their price target on shares of Curbline Properties from $30.00 to $33.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Weiss Ratings lowered shares of Curbline Properties from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, May 1st. JPMorgan Chase & Co. boosted their target price on shares of Curbline Properties from $30.00 to $31.00 and gave the company an “overweight” rating in a report on Monday, May 4th. Wall Street Zen downgraded Curbline Properties from a “sell” rating to a “strong sell” rating in a research report on Monday, May 4th. Finally, Morgan Stanley reaffirmed an “equal weight” rating and issued a $30.00 price target on shares of Curbline Properties in a report on Thursday, June 18th. Five analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $29.67.

Curbline Properties Price Performance

NYSE:CURB opened at $29.95 on Thursday. Curbline Properties Corp. has a 52-week low of $21.62 and a 52-week high of $31.87. The stock has a fifty day moving average of $29.01 and a 200 day moving average of $26.69. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.20 and a current ratio of 1.20. The firm has a market capitalization of $3.16 billion, a price-to-earnings ratio of 96.63 and a beta of 0.50.

Curbline Properties (NYSE:CURB) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.28 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.23. Curbline Properties had a net margin of 16.24% and a return on equity of 1.74%. The firm had revenue of $57.99 million for the quarter, compared to analyst estimates of $53.34 million. During the same quarter in the prior year, the firm earned $0.24 EPS. The business’s revenue for the quarter was up 51.0% compared to the same quarter last year. Curbline Properties has set its FY 2026 guidance at 1.200-1.230 EPS. On average, research analysts expect that Curbline Properties Corp. will post 1.22 EPS for the current fiscal year.

Curbline Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th will be paid a $0.17 dividend. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $0.68 annualized dividend and a yield of 2.3%. Curbline Properties’s payout ratio is currently 219.35%.

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.