Boothbay Fund Management LLC Trims Stake in Curbline Properties Corp. $CURB

Boothbay Fund Management LLC trimmed its holdings in shares of Curbline Properties Corp. (NYSE:CURB) by 24.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 351,762 shares of the company’s stock after selling 110,899 shares during the quarter. Boothbay Fund Management LLC owned about 0.33% of Curbline Properties worth $8,164,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in CURB. Principal Financial Group Inc. grew its position in Curbline Properties by 426.5% during 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. Aew Capital Management L P lifted its stake in Curbline Properties by 111.2% during the third quarter. Aew Capital Management L P now owns 1,547,924 shares of the company’s stock worth $34,519,000 after purchasing an additional 815,060 shares during the last quarter. Balyasny Asset Management L.P. lifted its stake in Curbline Properties by 36.4% during the second quarter. Balyasny Asset Management L.P. now owns 2,164,444 shares of the company’s stock worth $49,414,000 after purchasing an additional 577,037 shares during the last quarter. Daiwa Securities Group Inc. lifted its stake in Curbline Properties by 25.4% during the third quarter. Daiwa Securities Group Inc. now owns 2,778,716 shares of the company’s stock worth $61,966,000 after purchasing an additional 562,642 shares during the last quarter. Finally, SG Americas Securities LLC lifted its stake 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 worth $10,538,000 after purchasing an additional 434,526 shares during the last quarter.

Wall Street Analyst Weigh In

Several brokerages have issued reports on CURB. Wall Street Zen lowered Curbline Properties from a “sell” rating to a “strong sell” rating in a research note on Monday, May 4th. Morgan Stanley lifted their price target on Curbline Properties from $29.00 to $30.00 and gave the stock an “overweight” rating in a research note on Thursday, April 23rd. KeyCorp lifted their price target on Curbline Properties from $28.00 to $30.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. Wolfe Research lowered Curbline Properties from an “outperform” rating to a “peer perform” rating in a research note on Monday. Finally, Citigroup lifted their price target on Curbline Properties from $30.00 to $33.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Six research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $29.44.

Curbline Properties Stock Down 1.6%

Shares of NYSE:CURB opened at $30.07 on Thursday. Curbline Properties Corp. has a 1 year low of $21.62 and a 1 year high of $30.99. The company has a market cap of $3.17 billion, a PE ratio of 97.01 and a beta of 0.55. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.20 and a quick ratio of 1.20. The stock’s 50-day moving average is $28.36 and its 200 day moving average is $26.17.

Curbline Properties (NYSE:CURB) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.23. Curbline Properties had a return on equity of 1.74% and a net margin of 16.24%.The company had revenue of $57.99 million for the quarter, compared to the consensus estimate of $53.34 million. During the same quarter in the previous year, the business earned $0.24 EPS. Curbline Properties’s revenue 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. Sell-side analysts anticipate that Curbline Properties Corp. will post 1.22 EPS for the current year.

Curbline Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Thursday, June 18th will be issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Thursday, June 18th. Curbline Properties’s payout ratio is currently 219.35%.

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.