Curbline Properties Corp. $CURB Shares Purchased by Diamond Hill Capital Management Inc.

Diamond Hill Capital Management Inc. lifted its stake in Curbline Properties Corp. (NYSE:CURB) by 48.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 177,437 shares of the company’s stock after purchasing an additional 58,138 shares during the quarter. Diamond Hill Capital Management Inc.’s holdings in Curbline Properties were worth $4,118,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. ProShare Advisors LLC increased its holdings in shares of Curbline Properties by 3.2% in the fourth quarter. ProShare Advisors LLC now owns 18,930 shares of the company’s stock valued at $439,000 after purchasing an additional 592 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Curbline Properties by 33.5% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,768 shares of the company’s stock valued at $64,000 after purchasing an additional 694 shares during the last quarter. Amalgamated Bank increased its holdings in shares of Curbline Properties by 3.3% in the third quarter. Amalgamated Bank now owns 27,991 shares of the company’s stock valued at $624,000 after purchasing an additional 906 shares during the last quarter. State of Alaska Department of Revenue increased its holdings in shares of Curbline Properties by 1.3% in the fourth quarter. State of Alaska Department of Revenue now owns 102,812 shares of the company’s stock valued at $2,384,000 after purchasing an additional 1,340 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Curbline Properties by 2.5% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 58,075 shares of the company’s stock valued at $1,348,000 after purchasing an additional 1,400 shares during the last quarter.

Insider Transactions at Curbline Properties

In other Curbline Properties news, CEO David R. Lukes sold 83,663 shares of the firm’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $26.83, for a total transaction of $2,244,678.29. Following the completion of the sale, the chief executive officer 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 legal filing with the Securities & Exchange Commission, which is available through the SEC website. 8.70% of the stock is currently owned by company insiders.

Curbline Properties Price Performance

CURB stock opened at $28.35 on Friday. The business has a fifty day moving average of $27.14 and a two-hundred day moving average of $25.39. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.18. The stock has a market cap of $2.99 billion, a price-to-earnings ratio of 91.44 and a beta of 0.52. Curbline Properties Corp. has a 52-week low of $21.62 and a 52-week high of $28.94.

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 the consensus estimate of $0.05 by $0.23. The company 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%.The firm’s quarterly revenue was up 51.0% compared to the same quarter last year. During the same quarter last 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, research analysts anticipate 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. Shareholders of record on Thursday, June 18th will be paid a dividend of $0.17 per share. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $0.68 annualized dividend and a yield of 2.4%. Curbline Properties’s dividend payout ratio (DPR) is 219.35%.

Analysts Set New Price Targets

Several research firms recently commented on CURB. KeyCorp increased their price target on Curbline Properties from $28.00 to $30.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Morgan Stanley increased their price target on Curbline Properties from $29.00 to $30.00 and gave the company an “overweight” rating in a report on Thursday, April 23rd. Weiss Ratings cut Curbline Properties from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 1st. Truist Financial raised their target price on Curbline Properties from $27.00 to $31.00 and gave the stock a “buy” rating in a research note on Thursday, March 5th. Finally, JPMorgan Chase & Co. raised 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. Seven equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $29.44.

Curbline Properties 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.