Curbline Properties Corp. $CURB Shares Acquired by Public Sector Pension Investment Board

Public Sector Pension Investment Board raised its position in shares of Curbline Properties Corp. (NYSE:CURB) by 17.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 377,582 shares of the company’s stock after acquiring an additional 54,768 shares during the period. Public Sector Pension Investment Board owned approximately 0.36% of Curbline Properties worth $8,420,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of CURB. Hudson Bay Capital Management LP purchased a new position in Curbline Properties in the 2nd quarter worth approximately $19,285,000. Balyasny Asset Management L.P. boosted its holdings in shares of 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 valued at $49,414,000 after acquiring an additional 577,037 shares during the period. Lasalle Investment Management Securities LLC grew its holdings in Curbline Properties by 92.5% in the 2nd quarter. Lasalle Investment Management Securities LLC now owns 1,160,181 shares of the company’s stock worth $26,487,000 after buying an additional 557,530 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. grew its position in Curbline Properties by 66.9% in the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,127,075 shares of the company’s stock valued at $25,731,000 after buying an additional 451,956 shares in the last quarter. Finally, Teacher Retirement System of Texas lifted its stake in shares of Curbline Properties by 225.7% in the 2nd quarter. Teacher Retirement System of Texas now owns 513,979 shares of the company’s stock worth $11,734,000 after acquiring an additional 356,160 shares during the period.

Analyst Ratings Changes

Several research firms recently commented on CURB. Truist Financial set a $27.00 target price on shares of Curbline Properties in a research note on Tuesday, January 20th. Citigroup raised shares of Curbline Properties from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $25.00 to $27.00 in a research report on Wednesday, November 19th. Morgan Stanley raised their price objective on shares of Curbline Properties from $27.00 to $29.00 and gave the stock an “overweight” rating in a research note on Monday, January 5th. Piper Sandler upped their price target on Curbline Properties from $30.00 to $32.00 and gave the company an “overweight” rating in a research report on Tuesday. Finally, KeyCorp increased their price objective on Curbline Properties from $27.00 to $28.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 10th. Six investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $27.63.

Curbline Properties Price Performance

NYSE CURB opened at $27.09 on Wednesday. The company has a market cap of $2.85 billion, a P/E ratio of 71.29 and a beta of 0.48. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.09. Curbline Properties Corp. has a 1 year low of $20.91 and a 1 year high of $27.10. The company has a fifty day simple moving average of $24.01 and a 200 day simple moving average of $23.33.

Curbline Properties (NYSE:CURB) last issued its earnings results on Monday, February 9th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.18). The business had revenue of $54.15 million for the quarter, compared to analyst estimates of $52.15 million. Curbline Properties had a net margin of 21.78% and a return on equity of 2.10%. Curbline Properties’s revenue was up 55.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.11 earnings per share. Curbline Properties has set its FY 2026 guidance at 1.170-1.210 EPS. On average, sell-side analysts predict that Curbline Properties Corp. will post 1 EPS for the current year.

Curbline Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 7th. Stockholders of record on Monday, December 22nd were paid a $0.16 dividend. The ex-dividend date was Monday, December 22nd. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.4%. Curbline Properties’s dividend payout ratio (DPR) is 168.42%.

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.