SG Americas Securities LLC Sells 371,311 Shares of Curbline Properties Corp. $CURB

SG Americas Securities LLC reduced its holdings in Curbline Properties Corp. (NYSE:CURB) by 81.8% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 82,733 shares of the company’s stock after selling 371,311 shares during the quarter. SG Americas Securities LLC owned about 0.08% of Curbline Properties worth $2,134,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in CURB. Maryland State Retirement & Pension System boosted its position in shares of Curbline Properties by 3.8% during the 4th quarter. Maryland State Retirement & Pension System now owns 14,322 shares of the company’s stock worth $332,000 after purchasing an additional 525 shares in the last quarter. ProShare Advisors LLC increased its position in Curbline Properties by 3.2% in the 4th quarter. ProShare Advisors LLC now owns 18,930 shares of the company’s stock valued at $439,000 after buying an additional 592 shares in the last quarter. Rockefeller Capital Management L.P. raised its stake in Curbline Properties by 125.3% during the 4th 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 during the period. Mirae Asset Global Investments Co. Ltd. raised its stake in Curbline Properties by 33.5% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,768 shares of the company’s stock worth $64,000 after buying an additional 694 shares during the period. Finally, GSI Capital Advisors LLC boosted its holdings in Curbline Properties by 0.5% in the fourth quarter. GSI Capital Advisors LLC now owns 158,081 shares of the company’s stock worth $3,669,000 after acquiring an additional 750 shares in the last quarter.

Curbline Properties Trading Down 1.5%

Shares of Curbline Properties stock opened at $29.95 on Thursday. The firm has a market cap of $3.16 billion, a PE ratio of 96.63 and a beta of 0.50. Curbline Properties Corp. has a 1 year low of $21.62 and a 1 year high of $31.87. 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 has a fifty day moving average price of $29.01 and a 200-day moving average price of $26.69.

Curbline Properties (NYSE:CURB) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.05 by $0.23. Curbline Properties had a net margin of 16.24% and a return on equity of 1.74%. The company had revenue of $57.99 million for the quarter, compared to the consensus estimate of $53.34 million. During the same period in the previous year, the firm earned $0.24 EPS. The firm’s quarterly revenue was up 51.0% on a year-over-year basis. Curbline Properties has set its FY 2026 guidance at 1.200-1.230 EPS. Equities 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 given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Thursday, June 18th. Curbline Properties’s dividend payout ratio is currently 219.35%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on CURB shares. Morgan Stanley reissued an “equal weight” rating and issued a $30.00 price target on shares of Curbline Properties in a research report on Thursday, June 18th. Weiss Ratings lowered shares of Curbline Properties from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, May 1st. Wall Street Zen cut shares of Curbline Properties from a “sell” rating to a “strong sell” rating in a report on Monday, May 4th. KeyCorp boosted their target price on shares of Curbline Properties from $30.00 to $32.00 and gave the stock an “overweight” rating in a research report on Monday, June 22nd. Finally, JPMorgan Chase & Co. upped their target price on shares of Curbline Properties from $30.00 to $31.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Five analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, Curbline Properties currently has a consensus rating of “Moderate Buy” and a consensus 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.