Brown Advisory Inc. reduced its stake in shares of Curbline Properties Corp. (NYSE:CURB – Free Report) by 7.5% in the fourth quarter, Holdings Channel reports. The firm owned 1,228,678 shares of the company’s stock after selling 99,787 shares during the period. Brown Advisory Inc.’s holdings in Curbline Properties were worth $28,518,000 at the end of the most recent quarter.
Other large investors have also recently made changes to their positions in the company. UBS Group AG lifted its stake in Curbline Properties by 175.2% in the fourth quarter. UBS Group AG now owns 425,331 shares of the company’s stock worth $9,872,000 after acquiring an additional 270,800 shares during the period. Diamond Hill Capital Management Inc. lifted its stake in Curbline Properties by 48.7% in the fourth 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 during the period. Charles Schwab Investment Management Inc. lifted its stake in Curbline Properties by 5.1% in the fourth 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. lifted its stake 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 acquiring an additional 1,993,711 shares during the period. Finally, SG Americas Securities LLC lifted its stake in 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 acquiring an additional 434,526 shares during the period.
Wall Street Analyst Weigh In
CURB has been the subject of a number of research reports. Wall Street Zen lowered shares of Curbline Properties from a “sell” rating to a “strong sell” rating in a research note on Monday, May 4th. Truist Financial upped their price objective on shares of Curbline Properties from $27.00 to $31.00 and gave the stock a “buy” rating in a research note on Thursday, March 5th. Citigroup upped their price objective on shares of Curbline Properties from $30.00 to $33.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Piper Sandler upped 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 Tuesday, February 17th. Finally, Wolfe Research lowered shares of Curbline Properties from an “outperform” rating to a “peer perform” rating in a research note on Monday. Six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $29.44.
Curbline Properties Stock Performance
Shares of Curbline Properties stock opened at $30.41 on Tuesday. The company has a market capitalization of $3.21 billion, a PE ratio of 98.10 and a beta of 0.55. 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 company has a 50-day simple moving average of $28.19 and a two-hundred day simple moving average of $26.08. Curbline Properties Corp. has a one year low of $21.62 and a one year high of $30.99.
Curbline Properties (NYSE:CURB – Get Free Report) last announced its earnings results on Tuesday, April 28th. The company reported $0.28 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.23. The business had revenue of $57.99 million during the quarter, compared to the consensus estimate of $53.34 million. Curbline Properties had a net margin of 16.24% and a return on equity of 1.74%. The firm’s revenue was up 51.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.24 earnings per share. Curbline Properties has set its FY 2026 guidance at 1.200-1.230 EPS. Research analysts expect that Curbline Properties Corp. will post 1.22 EPS for the current fiscal year.
Curbline Properties Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th will be issued a $0.17 dividend. The ex-dividend date is Thursday, June 18th. This represents a $0.68 dividend on an annualized basis and a yield of 2.2%. Curbline Properties’s payout ratio is currently 219.35%.
Curbline Properties 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.
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