Peregrine Capital Management LLC Reduces Stock Holdings in Curbline Properties Corp. $CURB

Peregrine Capital Management LLC reduced its position in shares of Curbline Properties Corp. (NYSE:CURB) by 17.1% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 185,567 shares of the company’s stock after selling 38,205 shares during the quarter. Peregrine Capital Management LLC owned 0.18% of Curbline Properties worth $4,786,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. UBS Group AG lifted its position in shares of 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 buying an additional 270,800 shares in the last quarter. Diamond Hill Capital Management Inc. increased its holdings 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 worth $4,118,000 after acquiring an additional 58,138 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in Curbline Properties by 5.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,523,270 shares of the company’s stock worth $35,355,000 after acquiring an additional 74,477 shares during the period. Principal Financial Group Inc. raised its stake in Curbline Properties by 426.5% during the 4th quarter. Principal Financial Group Inc. now owns 2,461,156 shares of the company’s stock worth $57,123,000 after acquiring an additional 1,993,711 shares during the period. Finally, SG Americas Securities LLC lifted its holdings in Curbline Properties by 2,226.3% during the fourth quarter. SG Americas Securities LLC now owns 454,044 shares of the company’s stock valued at $10,538,000 after purchasing an additional 434,526 shares in the last quarter.

Curbline Properties Price Performance

Shares of Curbline Properties stock opened at $29.95 on Thursday. The stock has a market cap of $3.16 billion, a price-to-earnings ratio of 96.63 and a beta of 0.50. 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 stock has a 50 day moving average price of $29.01 and a 200-day moving average price of $26.69. Curbline Properties Corp. has a one year low of $21.62 and a one year high of $31.87.

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

Curbline Properties Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th will be issued a $0.17 dividend. This represents a $0.68 annualized dividend 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%.

Wall Street Analysts Forecast Growth

CURB has been the subject of several recent analyst reports. Wolfe Research downgraded shares of Curbline Properties from an “outperform” rating to a “peer perform” rating in a report on Monday, June 15th. Weiss Ratings downgraded Curbline Properties from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 1st. Morgan Stanley reaffirmed an “equal weight” rating and issued a $30.00 price objective on shares of Curbline Properties in a research note on Thursday, June 18th. Citigroup increased their target price on Curbline Properties from $30.00 to $33.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Finally, KeyCorp lifted their target price on Curbline Properties from $30.00 to $32.00 and gave the company an “overweight” rating in a research note on Monday, June 22nd. Five equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Curbline Properties currently has a consensus rating of “Moderate Buy” and a consensus price target of $29.67.

About Curbline Properties

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.