Louisiana State Employees Retirement System Takes $1.11 Million Position in Curbline Properties Corp. $CURB

Louisiana State Employees Retirement System purchased a new stake in shares of Curbline Properties Corp. (NYSE:CURB) during the 1st quarter, HoldingsChannel reports. The fund purchased 43,000 shares of the company’s stock, valued at approximately $1,109,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. T. Rowe Price Investment Management Inc. lifted its holdings in shares of Curbline Properties by 21.6% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 13,342,821 shares of the company’s stock valued at $309,687,000 after buying an additional 2,365,894 shares during the period. State Street Corp raised its position in Curbline Properties by 1.9% in the second quarter. State Street Corp now owns 5,515,437 shares of the company’s stock worth $126,772,000 after acquiring an additional 101,813 shares in the last quarter. Daiwa Securities Group Inc. raised its position in Curbline Properties by 25.4% in the third quarter. Daiwa Securities Group Inc. now owns 2,778,716 shares of the company’s stock worth $61,966,000 after acquiring an additional 562,642 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Curbline Properties by 0.9% in the 4th quarter. Geode Capital Management LLC now owns 2,516,893 shares of the company’s stock valued at $58,426,000 after acquiring an additional 22,731 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its holdings 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 acquiring an additional 1,993,711 shares during the last quarter.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on CURB. Wolfe Research cut shares of Curbline Properties from an “outperform” rating to a “peer perform” rating in a research note on Monday, June 15th. 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. KeyCorp raised their target price on shares of Curbline Properties from $30.00 to $32.00 and gave the stock an “overweight” rating in a report on Monday, June 22nd. JPMorgan Chase & Co. lifted their price target on shares of Curbline Properties from $30.00 to $31.00 and gave the stock an “overweight” 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 investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Curbline Properties has a consensus rating of “Moderate Buy” and a consensus target price of $29.67.

Curbline Properties Price Performance

CURB opened at $30.26 on Friday. The stock has a fifty day moving average of $29.13 and a 200-day moving average of $26.77. The firm has a market capitalization of $3.45 billion, a P/E ratio of 97.60 and a beta of 0.51. Curbline Properties Corp. has a 12-month low of $21.62 and a 12-month high of $31.87. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.18.

Curbline Properties (NYSE:CURB) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.05 by $0.23. Curbline Properties had a return on equity of 1.74% and a net margin of 16.24%.The business had revenue of $57.99 million for the quarter, compared to the consensus estimate of $53.34 million. During the same quarter in the previous year, the company posted $0.24 earnings per share. Curbline Properties’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. Equities analysts forecast that Curbline Properties Corp. will post 1.22 EPS for the current fiscal year.

Curbline Properties Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Thursday, June 18th will be issued a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Thursday, June 18th. Curbline Properties’s dividend payout ratio (DPR) is currently 219.35%.

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.