Louisiana State Employees Retirement System Acquires New Position in Curbline Properties Corp. $CURB

Louisiana State Employees Retirement System acquired a new stake in shares of Curbline Properties Corp. (NYSE:CURB) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 43,000 shares of the company’s stock, valued at approximately $1,109,000.

A number of other large investors also recently bought and sold shares of CURB. T. Rowe Price Investment Management Inc. grew its position in shares of Curbline Properties by 21.6% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 13,342,821 shares of the company’s stock worth $309,687,000 after acquiring an additional 2,365,894 shares in the last quarter. Principal Financial Group Inc. raised its position in shares of Curbline Properties by 426.5% during the 4th quarter. Principal Financial Group Inc. now owns 2,461,156 shares of the company’s stock valued at $57,123,000 after acquiring an additional 1,993,711 shares in 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.

Analysts Set New Price Targets

CURB has been the subject of several recent research reports. KeyCorp boosted their target price on shares of Curbline Properties from $30.00 to $32.00 and gave the company an “overweight” rating in a research note on Monday, June 22nd. Weiss Ratings downgraded shares of Curbline Properties from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 1st. Morgan Stanley reaffirmed an “equal weight” rating and issued a $30.00 price target on shares of Curbline Properties in a report on Thursday, June 18th. Wall Street Zen downgraded shares of Curbline Properties from a “sell” rating to a “strong sell” rating in a research report on Monday, May 4th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Curbline Properties from $30.00 to $31.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Five equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Curbline Properties presently has a consensus rating of “Moderate Buy” and an average target price of $29.67.

Curbline Properties Stock Performance

CURB stock opened at $30.26 on Friday. The company has a market capitalization of $3.45 billion, a P/E ratio of 97.60 and a beta of 0.51. The company has a 50-day simple moving average of $29.13 and a 200 day simple moving average of $26.77. Curbline Properties Corp. has a fifty-two week low of $21.62 and a fifty-two week high of $31.87. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.18.

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

Curbline Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders 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 annualized dividend and a dividend yield of 2.2%. Curbline Properties’s dividend payout ratio (DPR) is 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.