45,831 Shares in Curbline Properties Corp. $CURB Acquired by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company acquired a new stake in Curbline Properties Corp. (NYSE:CURB) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 45,831 shares of the company’s stock, valued at approximately $1,393,000.

A number of other hedge funds also recently made changes to their positions in CURB. UBS Group AG grew its holdings in Curbline Properties by 175.2% during the 4th 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. lifted its holdings in Curbline Properties by 5.1% in the 4th 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 position in Curbline Properties by 426.5% in the 4th quarter. Principal Financial Group Inc. now owns 2,461,156 shares of the company’s stock valued at $57,123,000 after buying an additional 1,993,711 shares during the last quarter. Diamond Hill Capital Management Inc. boosted its position 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 last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Curbline Properties during the second quarter valued at about $2,550,000.

Curbline Properties Stock Up 0.4%

Shares of Curbline Properties stock opened at $29.53 on Friday. 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 firm has a market cap of $3.40 billion, a P/E ratio of 109.37 and a beta of 0.49. Curbline Properties Corp. has a fifty-two week low of $21.93 and a fifty-two week high of $32.15. The business has a 50-day moving average price of $30.32 and a 200 day moving average price of $28.76.

Curbline Properties (NYSE:CURB) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.27. The firm had revenue of $63.30 million for the quarter, compared to analysts’ expectations of $57.25 million. Curbline Properties had a return on equity of 1.50% and a net margin of 13.10%.Curbline Properties’s revenue for the quarter was up 52.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.26 earnings per share. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. On average, sell-side analysts forecast that Curbline Properties Corp. will post 1.25 earnings per share for the current fiscal year.

Insider Buying and Selling at Curbline Properties

In related news, Director Alexander Otto sold 134,868 shares of the company’s stock in a transaction that occurred on 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 sale, the director directly owned 6,922,526 shares of the company’s stock, valued at approximately $208,852,609.42. This represents a 1.91% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In the last ninety days, insiders sold 1,078,639 shares of company stock valued at $32,478,760. 8.70% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Weiss Ratings raised Curbline Properties from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, August 12th. Wolfe Research downgraded Curbline Properties from an “outperform” rating to a “peer perform” rating in a report on Monday, June 15th. Piper Sandler lowered their price objective on Curbline Properties from $40.00 to $39.00 and set an “overweight” rating for the company in a research note on Thursday, August 27th. Citigroup lifted their price objective on Curbline Properties from $33.00 to $36.00 and gave the stock a “buy” rating in a report on Monday, August 3rd. Finally, Morgan Stanley reaffirmed an “equal weight” rating and issued a $30.00 target price on shares of Curbline Properties in a research report on Thursday, June 18th. Seven equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $31.50.

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.