Keybank National Association OH Acquires New Position in Curbline Properties Corp. $CURB

Keybank National Association OH bought a new position in shares of Curbline Properties Corp. (NYSE:CURBFree Report) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor bought 25,217 shares of the company’s stock, valued at approximately $650,000.

A number of other hedge funds also recently added to or reduced their stakes in the business. UBS Group AG increased its position in shares of Curbline Properties by 175.2% during 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. boosted its holdings 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 valued at $4,118,000 after purchasing an additional 58,138 shares during the period. Charles Schwab Investment Management Inc. grew its stake in Curbline Properties by 5.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,523,270 shares of the company’s stock worth $35,355,000 after purchasing an additional 74,477 shares in the last quarter. Principal Financial Group Inc. increased its holdings in Curbline Properties by 426.5% during the 4th quarter. Principal Financial Group Inc. now owns 2,461,156 shares of the company’s stock worth $57,123,000 after purchasing an additional 1,993,711 shares during the period. Finally, SG Americas Securities LLC increased its holdings in Curbline Properties by 2,226.3% during the 4th 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 period.

Wall Street Analysts Forecast Growth

CURB has been the subject of a number of analyst reports. Wall Street Zen downgraded Curbline Properties from a “sell” rating to a “strong sell” rating in a research report on Monday, May 4th. KeyCorp lifted their price target on shares of Curbline Properties from $30.00 to $32.00 and gave the stock an “overweight” rating in a research note on Monday, June 22nd. Weiss Ratings cut shares of Curbline Properties from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 1st. Wolfe Research downgraded shares of Curbline Properties from an “outperform” rating to a “peer perform” rating in a research report on Monday, June 15th. Finally, Citigroup raised their price objective on shares of Curbline Properties from $30.00 to $33.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Five analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $29.67.

Check Out Our Latest Analysis on Curbline Properties

Curbline Properties Stock Performance

NYSE CURB opened at $30.55 on Thursday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.20 and a quick ratio of 1.20. Curbline Properties Corp. has a 1 year low of $21.62 and a 1 year high of $31.87. The company has a market capitalization of $3.48 billion, a PE ratio of 98.55 and a beta of 0.51. The company has a fifty day moving average of $29.26 and a two-hundred day moving average of $26.95.

Curbline Properties (NYSE:CURBGet Free Report) last posted 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 for the quarter, compared to analysts’ expectations of $53.34 million. Curbline Properties had a return on equity of 1.74% and a net margin of 16.24%.The business’s revenue was up 51.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.24 earnings per share. Curbline Properties has set its FY 2026 guidance at 1.200-1.230 EPS. As a group, analysts expect that Curbline Properties Corp. will post 1.22 earnings per share for the current year.

Curbline Properties Announces Dividend

The firm 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. The ex-dividend date is Thursday, June 18th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.2%. Curbline Properties’s dividend payout ratio (DPR) is 219.35%.

About Curbline Properties

(Free Report)

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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Institutional Ownership by Quarter for Curbline Properties (NYSE:CURB)

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