Paralel Advisors LLC acquired a new position in shares of Curbline Properties Corp. (NYSE:CURB – Free Report) in the second quarter, according to its most recent disclosure with the SEC. The firm acquired 60,000 shares of the company’s stock, valued at approximately $1,824,000.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Maryland State Retirement & Pension System raised its stake in shares of Curbline Properties by 3.8% during the fourth quarter. Maryland State Retirement & Pension System now owns 14,322 shares of the company’s stock worth $332,000 after purchasing an additional 525 shares during the last quarter. ProShare Advisors LLC grew its position in Curbline Properties by 3.2% in the 4th quarter. ProShare Advisors LLC now owns 18,930 shares of the company’s stock valued at $439,000 after buying an additional 592 shares during the last quarter. Rockefeller Capital Management L.P. grew its position 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 valued at $27,000 after buying an additional 654 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its stake in Curbline Properties by 33.5% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,768 shares of the company’s stock valued at $64,000 after buying an additional 694 shares during the period. Finally, GSI Capital Advisors LLC increased its stake in Curbline Properties by 0.5% in the 4th quarter. GSI Capital Advisors LLC now owns 158,081 shares of the company’s stock valued at $3,669,000 after buying an additional 750 shares during the period.
Insider Activity at Curbline Properties
In related news, Director Alexander Otto sold 1,206 shares of the business’s stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $30.10, for a total transaction of $36,300.60. Following the sale, the director owned 7,231,687 shares of the company’s stock, valued at approximately $217,673,778.70. The trade was a 0.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders have sold a total of 769,478 shares of company stock valued at $23,160,087 in the last ninety days. 8.70% of the stock is owned by company insiders.
Curbline Properties Price Performance
Curbline Properties (NYSE:CURB – Get Free Report) last issued its earnings results on Tuesday, July 28th. The company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.04 by $0.27. Curbline Properties had a net margin of 13.10% and a return on equity of 1.50%. The company had revenue of $63.30 million for the quarter, compared to analyst estimates of $57.25 million. During the same period in the previous year, the firm earned $0.26 EPS. The business’s revenue was up 52.9% on a year-over-year basis. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. As a group, analysts predict that Curbline Properties Corp. will post 1.26 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Several analysts have recently commented on CURB shares. Weiss Ratings upgraded shares of Curbline Properties from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, August 12th. JPMorgan Chase & Co. boosted their price target on shares of Curbline Properties from $30.00 to $31.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Wall Street Zen raised shares of Curbline Properties from a “strong sell” rating to a “sell” rating in a report on Saturday, August 1st. Citigroup raised their price objective on shares of Curbline Properties from $33.00 to $36.00 and gave the company a “buy” rating in a research report on Monday, August 3rd. Finally, Piper Sandler lifted their price objective on Curbline Properties from $39.00 to $40.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Six investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $31.11.
View Our Latest Research Report on Curbline Properties
Curbline Properties Company 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.
Read More
- Five stocks we like better than Curbline Properties
- 3 Energy Stocks Raising Dividends as the Sector Surges
- 5 Reasons the S&P 500 Could Keep Rallying Through Year-End
- Walmart’s Post-Earnings Drop Could Be a Buying Opportunity
- The Trade Desk’s Earnings Miss Raises a Bigger Question About Its AI Future
Want to see what other hedge funds are holding CURB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Curbline Properties Corp. (NYSE:CURB – Free Report).
Receive News & Ratings for Curbline Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Curbline Properties and related companies with MarketBeat.com's FREE daily email newsletter.
