Jupiter Topco LLC Takes Position in Curbline Properties Corp. $CURB

Jupiter Topco LLC acquired a new position in Curbline Properties Corp. (NYSE:CURBFree Report) during the 2nd quarter, HoldingsChannel.com reports. The firm acquired 1,543,939 shares of the company’s stock, valued at approximately $46,975,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Hsbc Holdings PLC purchased a new stake in Curbline Properties during the 2nd quarter valued at about $16,050,000. Element Capital Management LLC purchased a new position in Curbline Properties in the 2nd quarter worth approximately $6,997,000. Legal & General Group Plc purchased a new position in Curbline Properties in the 2nd quarter worth approximately $20,075,000. The Manufacturers Life Insurance Company bought a new stake in Curbline Properties in the second quarter valued at approximately $1,393,000. Finally, Sanctuary Advisors LLC bought a new stake in Curbline Properties in the second quarter valued at approximately $575,000.

Curbline Properties News Summary

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

Insider Buying and Selling

In related news, Director Alexander Otto sold 134,868 shares of Curbline Properties stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $30.17, for a total value of $4,068,967.56. Following the sale, the director owned 6,922,526 shares in the company, valued at $208,852,609.42. The trade was a 1.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders sold a total of 1,078,639 shares of company stock valued at $32,478,760 over the last ninety days. Company insiders own 8.70% of the company’s stock.

Curbline Properties Trading Down 0.7%

CURB opened at $29.90 on Friday. Curbline Properties Corp. has a one year low of $21.93 and a one year high of $32.15. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.63 and a quick ratio of 0.63. The business has a 50 day simple moving average of $30.47 and a two-hundred day simple moving average of $28.61. The firm has a market capitalization of $3.44 billion, a price-to-earnings ratio of 110.75 and a beta of 0.51.

Curbline Properties (NYSE:CURBGet Free Report) last posted its earnings results 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. Curbline Properties had a return on equity of 1.50% and a net margin of 13.10%.The firm had revenue of $63.30 million for the quarter, compared to analysts’ expectations of $57.25 million. During the same period in the previous year, the firm earned $0.26 earnings per share. The business’s revenue was up 52.9% compared to the same quarter last year. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. Analysts predict that Curbline Properties Corp. will post 1.26 EPS for the current year.

Analyst Upgrades and Downgrades

CURB has been the subject of a number of analyst reports. Piper Sandler dropped 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. KeyCorp lifted their target price on shares of Curbline Properties from $32.00 to $34.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Wolfe Research lowered shares of Curbline Properties from an “outperform” rating to a “peer perform” rating in a report on Monday, June 15th. JPMorgan Chase & Co. increased their price target 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. Finally, Wall Street Zen raised shares of Curbline Properties from a “strong sell” rating to a “sell” rating in a report on Saturday, August 1st. Seven investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $31.50.

Get Our Latest Research Report on Curbline Properties

About Curbline Properties

(Free Report)

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.

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Institutional Ownership by Quarter for Curbline Properties (NYSE:CURB)

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