Daiwa Securities Group Inc. Sells 75,207 Shares of Curbline Properties Corp. $CURB

Daiwa Securities Group Inc. lessened its holdings in Curbline Properties Corp. (NYSE:CURB) by 2.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,703,509 shares of the company’s stock after selling 75,207 shares during the period. Daiwa Securities Group Inc. owned 2.57% of Curbline Properties worth $62,749,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in CURB. Parallel Advisors LLC raised its stake in Curbline Properties by 393.7% in the 3rd quarter. Parallel Advisors LLC now owns 2,039 shares of the company’s stock valued at $45,000 after acquiring an additional 1,626 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its stake in Curbline Properties by 33.5% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,768 shares of the company’s stock valued at $64,000 after acquiring an additional 694 shares during the period. BNP Paribas Financial Markets raised its stake in Curbline Properties by 28.5% in the 2nd quarter. BNP Paribas Financial Markets now owns 9,437 shares of the company’s stock valued at $215,000 after acquiring an additional 2,091 shares during the period. Tower Research Capital LLC TRC raised its stake in Curbline Properties by 120.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 9,639 shares of the company’s stock valued at $220,000 after acquiring an additional 5,268 shares during the period. Finally, Pensionfund Sabic bought a new stake in Curbline Properties in the 4th quarter valued at $232,000.

Wall Street Analyst Weigh In

Several research analysts have weighed in on CURB shares. Truist Financial increased their price objective on Curbline Properties from $27.00 to $31.00 and gave the stock a “buy” rating in a research report on Thursday, March 5th. Wall Street Zen cut Curbline Properties from a “sell” rating to a “strong sell” rating in a research report on Monday, May 4th. Citigroup increased their price objective on Curbline Properties from $30.00 to $33.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Morgan Stanley increased their target price on Curbline Properties from $29.00 to $30.00 and gave the stock an “overweight” rating in a report on Thursday, April 23rd. Finally, KeyCorp increased their target price on Curbline Properties from $28.00 to $30.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. Seven research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Curbline Properties presently has a consensus rating of “Moderate Buy” and a consensus target price of $29.44.

Curbline Properties Stock Performance

CURB opened at $28.96 on Friday. The firm has a market cap of $3.06 billion, a P/E ratio of 93.43 and a beta of 0.55. Curbline Properties Corp. has a 52-week low of $21.62 and a 52-week high of $29.49. 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 business’s fifty day moving average is $27.62 and its 200-day moving average is $25.76.

Curbline Properties (NYSE:CURB) last released its earnings results on Tuesday, April 28th. The company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.23. The company had revenue of $57.99 million for the quarter, compared to analyst estimates of $53.34 million. Curbline Properties had a return on equity of 1.74% and a net margin of 16.24%.Curbline Properties’s quarterly revenue was up 51.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.24 EPS. Curbline Properties has set its FY 2026 guidance at 1.200-1.230 EPS. Sell-side analysts expect that Curbline Properties Corp. will post 1.21 EPS for the current fiscal year.

Curbline Properties Announces Dividend

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 issued a dividend of $0.17 per share. This represents a $0.68 annualized dividend 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 219.35%.

Insiders Place Their Bets

In related news, CEO David R. Lukes sold 83,663 shares of the firm’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $26.83, for a total value of $2,244,678.29. Following the sale, the chief executive officer directly owned 506,597 shares of the company’s stock, valued at $13,591,997.51. This trade represents a 14.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 8.70% of the stock is owned by company insiders.

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.