Hsbc Holdings PLC Purchases Shares of 527,672 Curbline Properties Corp. $CURB

Hsbc Holdings PLC purchased a new stake in shares of Curbline Properties Corp. (NYSE:CURB) in the second quarter, Holdings Channel.com reports. The firm purchased 527,672 shares of the company’s stock, valued at approximately $16,050,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Rockefeller Capital Management L.P. grew its position in Curbline Properties by 125.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,176 shares of the company’s stock worth $27,000 after buying an additional 654 shares in the last quarter. Parallel Advisors LLC boosted its position in shares of Curbline Properties by 393.7% during the 3rd quarter. Parallel Advisors LLC now owns 2,039 shares of the company’s stock valued at $45,000 after acquiring an additional 1,626 shares during the last quarter. Federation des caisses Desjardins du Quebec grew its holdings in shares of Curbline Properties by 25.9% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 8,128 shares of the company’s stock worth $189,000 after purchasing an additional 1,672 shares in the last quarter. BNP Paribas Financial Markets raised its stake in Curbline Properties by 28.5% in the second quarter. BNP Paribas Financial Markets now owns 9,437 shares of the company’s stock valued at $215,000 after purchasing an additional 2,091 shares in the last quarter. Finally, Tower Research Capital LLC TRC raised its stake in Curbline Properties by 120.5% in the second quarter. Tower Research Capital LLC TRC now owns 9,639 shares of the company’s stock valued at $220,000 after purchasing an additional 5,268 shares in the last quarter.

Key Curbline Properties News

Here are the key news stories impacting Curbline Properties this week:

• Positive Sentiment: Piper Sandler maintained an “overweight” rating while trimming its price target from $40 to $39. The new target still implies approximately 30% upside from the referenced $29.90 share price. Piper Sandler price target update
• Positive Sentiment: Jefferies initiated coverage with a “buy” rating and a $36 price target, implying roughly 20% upside. New analyst coverage can improve visibility and reinforce the investment case. Jefferies coverage initiation
• Positive Sentiment: Curbline was upgraded to Zacks Rank #2 (Buy), reflecting greater optimism about its earnings outlook. The company’s latest reported quarter also showed revenue growth of 52.9% year over year and earnings well above consensus. Zacks Curbline rating upgrade
• Neutral Sentiment: Brokerage data places Curbline’s average price target at $31.11, modestly above the referenced trading level, indicating some potential upside but less bullishness than the newest individual analyst targets. Curbline average price target
• Negative Sentiment: Director Alexander Otto sold 134,868 shares for approximately $4.07 million on August 26, following a sale of 174,293 shares worth about $5.25 million on August 25. The combined sale of 309,161 shares reduced his holdings by roughly 4.3%, although he still owns about 6.9 million shares. SEC insider ownership filing

Curbline Properties Stock Performance

Shares of NYSE CURB opened at $29.90 on Friday. The stock has a market cap of $3.44 billion, a price-to-earnings ratio of 110.75 and a beta of 0.51. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.17. Curbline Properties Corp. has a 1-year low of $21.93 and a 1-year high of $32.15. The stock’s 50-day moving average is $30.47 and its 200 day moving average is $28.61.

Curbline Properties (NYSE:CURB) last released its earnings results on Tuesday, July 28th. The company reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.04 by $0.27. The company had revenue of $63.30 million during the quarter, compared to the consensus estimate of $57.25 million. Curbline Properties had a return on equity of 1.50% and a net margin of 13.10%.Curbline Properties’s quarterly revenue was up 52.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.26 EPS. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. On average, sell-side analysts anticipate that Curbline Properties Corp. will post 1.26 EPS for the current fiscal year.

Insider Activity at Curbline Properties

In related news, EVP Conor Fennerty sold 55,105 shares of the stock in a transaction on Thursday, July 30th. The shares were sold at an average price of $30.38, for a total transaction of $1,674,089.90. Following the transaction, the executive vice president owned 153,909 shares of the company’s stock, valued at approximately $4,675,755.42. This trade represents a 26.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Alexander Otto sold 174,293 shares of the stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $30.12, for a total transaction of $5,249,705.16. Following the transaction, the director directly owned 7,057,394 shares in the company, valued at approximately $212,568,707.28. This represents a 2.41% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,078,639 shares of company stock worth $32,478,760 over the last three months. Insiders own 8.70% of the company’s stock.

Analysts Set New Price Targets

CURB has been the subject of a number of research reports. Citigroup boosted their price target on shares of Curbline Properties from $33.00 to $36.00 and gave the stock a “buy” rating in a research note on Monday, August 3rd. Wall Street Zen upgraded shares of Curbline Properties from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 1st. Weiss Ratings raised shares of Curbline Properties from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, August 12th. Morgan Stanley reiterated an “equal weight” rating and issued a $30.00 target price on shares of Curbline Properties in a research report on Thursday, June 18th. Finally, Piper Sandler reduced their target price on Curbline Properties from $40.00 to $39.00 and set an “overweight” rating on the stock in a research note on Thursday. Seven analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $31.50.

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.