Strs Ohio Reduces Position in Curbline Properties Corp. $CURB

Strs Ohio decreased its holdings in shares of Curbline Properties Corp. (NYSE:CURB) by 17.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 173,600 shares of the company’s stock after selling 37,800 shares during the period. Strs Ohio owned about 0.16% of Curbline Properties worth $4,477,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. T. Rowe Price Investment Management Inc. lifted its position in Curbline Properties by 21.6% during 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 purchasing an additional 2,365,894 shares in the last quarter. Principal Financial Group Inc. increased its position in Curbline Properties by 426.5% in the fourth quarter. Principal Financial Group Inc. now owns 2,461,156 shares of the company’s stock worth $57,123,000 after buying an additional 1,993,711 shares in the last quarter. Balyasny Asset Management L.P. raised its stake in shares of Curbline Properties by 36.4% in the second quarter. Balyasny Asset Management L.P. now owns 2,164,444 shares of the company’s stock worth $49,414,000 after buying an additional 577,037 shares during the period. Daiwa Securities Group Inc. raised its stake in shares of 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 buying an additional 562,642 shares during the period. Finally, SG Americas Securities LLC raised its stake in shares of Curbline Properties by 2,226.3% in the fourth quarter. SG Americas Securities LLC now owns 454,044 shares of the company’s stock worth $10,538,000 after buying an additional 434,526 shares during the period.

Curbline Properties Price Performance

CURB traded up $0.36 on Tuesday, hitting $30.48. 57,936 shares of the company’s stock traded hands, compared to its average volume of 904,993. The company’s 50 day simple moving average is $29.17 and its 200-day simple moving average is $26.84. The firm has a market cap of $3.48 billion, a price-to-earnings ratio of 98.22 and a beta of 0.51. Curbline Properties Corp. has a one year low of $21.62 and a one year high of $31.87. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.18.

Curbline Properties (NYSE:CURB) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.28 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $53.34 million. During the same period in the prior year, the company posted $0.24 EPS. The firm’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. As a group, research analysts anticipate that Curbline Properties Corp. will post 1.22 EPS for the current year.

Curbline Properties Dividend Announcement

The business 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 2.2%. The ex-dividend date of this dividend is Thursday, June 18th. Curbline Properties’s payout ratio is 219.35%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on CURB shares. Weiss Ratings lowered shares of Curbline Properties from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 1st. KeyCorp increased their price objective on shares of Curbline Properties from $30.00 to $32.00 and gave the stock an “overweight” rating in a research note on Monday, June 22nd. JPMorgan Chase & Co. raised their price objective on shares of Curbline Properties from $30.00 to $31.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. Citigroup lifted their target price 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. Finally, Wolfe Research downgraded shares of Curbline Properties from an “outperform” rating to a “peer perform” rating in a report on Monday, June 15th. Five investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Curbline Properties presently has an average rating of “Moderate Buy” and an average price target of $29.67.

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.