FJ Capital Management LLC Has $1.12 Million Position in Curbline Properties Corp. $CURB

FJ Capital Management LLC boosted its holdings in shares of Curbline Properties Corp. (NYSE:CURB) by 78.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 48,374 shares of the company’s stock after purchasing an additional 21,309 shares during the period. FJ Capital Management LLC’s holdings in Curbline Properties were worth $1,123,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of CURB. Parallel Advisors LLC raised its stake in Curbline Properties by 393.7% during the third quarter. Parallel Advisors LLC now owns 2,039 shares of the company’s stock worth $45,000 after acquiring an additional 1,626 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of 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 worth $64,000 after purchasing an additional 694 shares during the last quarter. Federation des caisses Desjardins du Quebec increased its position in shares of Curbline Properties by 25.9% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 8,128 shares of the company’s stock worth $189,000 after purchasing an additional 1,672 shares in the last quarter. BNP Paribas Financial Markets lifted its holdings in Curbline Properties by 28.5% during the 2nd quarter. BNP Paribas Financial Markets now owns 9,437 shares of the company’s stock valued at $215,000 after purchasing an additional 2,091 shares during the last quarter. Finally, Tower Research Capital LLC TRC boosted its position in Curbline Properties by 120.5% in the second quarter. Tower Research Capital LLC TRC now owns 9,639 shares of the company’s stock valued at $220,000 after buying an additional 5,268 shares in the last quarter.

Insider Buying and Selling

In related news, CEO David R. Lukes sold 83,663 shares of the business’s stock in a transaction on Monday, March 16th. The shares were 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 approximately $13,591,997.51. The trade was a 14.17% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 8.70% of the company’s stock.

Wall Street Analysts Forecast Growth

CURB has been the topic of a number of recent analyst reports. Truist Financial boosted their price objective on Curbline Properties from $27.00 to $31.00 and gave the stock a “buy” rating in a research note on Thursday, March 5th. KeyCorp upped their price target on shares of Curbline Properties from $28.00 to $30.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Morgan Stanley increased their price objective on shares of Curbline Properties from $29.00 to $30.00 and gave the stock an “overweight” rating in a report on Thursday, April 23rd. Piper Sandler 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 note on Tuesday, February 17th. Finally, Weiss Ratings cut Curbline Properties from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, May 1st. Seven investment analysts have rated the stock with a Buy rating and two have assigned 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 $29.44.

Curbline Properties Trading Up 3.6%

NYSE:CURB opened at $30.94 on Friday. 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 business’s 50-day simple moving average is $28.11 and its 200-day simple moving average is $26.02. Curbline Properties Corp. has a fifty-two week low of $21.62 and a fifty-two week high of $30.99. The stock has a market capitalization of $3.27 billion, a PE ratio of 99.80 and a beta of 0.55.

Curbline Properties (NYSE:CURB) last posted its earnings results on Tuesday, April 28th. The company reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.05 by $0.23. The business had revenue of $57.99 million during 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%.During the same period in the prior year, the business earned $0.24 EPS. Curbline Properties’s revenue for the quarter was up 51.0% compared to the same quarter last year. Curbline Properties has set its FY 2026 guidance at 1.200-1.230 EPS. Sell-side analysts expect that Curbline Properties Corp. will post 1.22 earnings per share for the current fiscal year.

Curbline Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Thursday, June 18th will be issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Thursday, June 18th. Curbline Properties’s dividend payout ratio (DPR) is presently 219.35%.

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.