Moran Wealth Management LLC Takes Position in Curbline Properties Corp. $CURB

Moran Wealth Management LLC acquired a new position in shares of Curbline Properties Corp. (NYSE:CURB) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 19,151 shares of the company’s stock, valued at approximately $494,000.

A number of other hedge funds have also bought and sold shares of the company. T. Rowe Price Investment Management Inc. lifted its stake in Curbline Properties by 21.6% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 13,342,821 shares of the company’s stock valued at $309,687,000 after buying an additional 2,365,894 shares during the period. State Street Corp increased its position in shares of Curbline Properties by 1.9% during the second quarter. State Street Corp now owns 5,515,437 shares of the company’s stock worth $126,772,000 after acquiring an additional 101,813 shares in the last quarter. Daiwa Securities Group Inc. raised its stake in shares of Curbline Properties by 25.4% in 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. Geode Capital Management LLC raised its position in Curbline Properties by 0.9% in the 4th quarter. Geode Capital Management LLC now owns 2,516,893 shares of the company’s stock valued at $58,426,000 after buying an additional 22,731 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its position in shares of Curbline Properties by 426.5% during the fourth quarter. Principal Financial Group Inc. now owns 2,461,156 shares of the company’s stock valued at $57,123,000 after purchasing an additional 1,993,711 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. JPMorgan Chase & Co. lifted their target price on Curbline Properties from $30.00 to $31.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Citigroup lifted their price target on Curbline Properties from $30.00 to $33.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Weiss Ratings lowered shares of Curbline Properties from a “buy (b-)” rating to a “hold (c+)” rating in a 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. Finally, Wolfe Research lowered shares of Curbline Properties from an “outperform” rating to a “peer perform” rating in a research report on Monday, June 15th. Five research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $29.67.

Curbline Properties Stock Up 1.2%

Shares of NYSE CURB traded up $0.36 during midday trading on Tuesday, hitting $30.48. The stock had a trading volume of 88,950 shares, compared to its average volume of 904,971. The company has a market cap of $3.48 billion, a P/E ratio of 98.32 and a beta of 0.51. The business’s 50 day moving average is $29.17 and its 200-day moving average is $26.84. Curbline Properties Corp. has a 52 week low of $21.62 and a 52 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 posted its earnings results on Tuesday, April 28th. The company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate 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 net margin of 16.24% and a return on equity of 1.74%. The business’s revenue for the quarter was up 51.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.24 EPS. Curbline Properties has set its FY 2026 guidance at 1.200-1.230 EPS. As a group, analysts predict that Curbline Properties Corp. will post 1.22 EPS for the current year.

Curbline Properties Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th will be given a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Thursday, June 18th. Curbline Properties’s payout ratio is 219.35%.

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.