185,900 Shares in Curbline Properties Corp. $CURB Bought by Diamond Hill Capital Management LLC Investment Advisor

Diamond Hill Capital Management LLC Investment Advisor bought a new stake in Curbline Properties Corp. (NYSE:CURB) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 185,900 shares of the company’s stock, valued at approximately $5,651,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. T. Rowe Price Investment Management Inc. boosted its holdings in shares of Curbline Properties by 21.6% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 13,342,821 shares of the company’s stock worth $309,687,000 after buying an additional 2,365,894 shares during the last quarter. State Street Corp lifted 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. Principal Financial Group Inc. boosted its stake in Curbline Properties by 110.3% in the 1st quarter. Principal Financial Group Inc. now owns 5,176,015 shares of the company’s stock worth $133,489,000 after purchasing an additional 2,714,859 shares during the period. Daiwa Securities Group Inc. grew its stake in Curbline Properties by 25.4% during the third quarter. Daiwa Securities Group Inc. now owns 2,778,716 shares of the company’s stock valued at $61,966,000 after acquiring an additional 562,642 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in Curbline Properties by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 2,516,893 shares of the company’s stock valued at $58,426,000 after acquiring an additional 22,731 shares in the last quarter.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on CURB shares. Wolfe Research lowered shares of Curbline Properties from an “outperform” rating to a “peer perform” rating in a research report on Monday, June 15th. Weiss Ratings upgraded Curbline Properties from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, August 12th. JPMorgan Chase & Co. lifted their price objective on Curbline Properties from $30.00 to $31.00 and gave the company an “overweight” rating in a research note on Monday, May 4th. Morgan Stanley restated an “equal weight” rating and set a $30.00 target price on shares of Curbline Properties in a research report on Thursday, June 18th. Finally, Wall Street Zen upgraded Curbline Properties from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 1st. Six equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $31.11.

Curbline Properties Price Performance

CURB stock opened at $29.98 on Tuesday. The firm has a market cap of $3.45 billion, a P/E ratio of 111.04 and a beta of 0.51. The firm’s fifty day moving average is $30.52 and its 200 day moving average is $28.31. Curbline Properties Corp. has a 52 week low of $21.93 and a 52 week high of $32.15. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.63 and a current ratio of 0.63.

Curbline Properties (NYSE:CURB) last released its earnings results on Tuesday, July 28th. The company reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.27. Curbline Properties had a return on equity of 1.50% and a net margin of 13.10%.The company had revenue of $63.30 million during the quarter, compared to analyst estimates of $57.25 million. During the same quarter in the previous year, the company posted $0.26 EPS. Curbline Properties’s revenue for the quarter was up 52.9% on a year-over-year basis. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. Research analysts predict that Curbline Properties Corp. will post 1.26 earnings per share for the current year.

Insider Activity at Curbline Properties

In related news, Director Alexander Otto sold 135,612 shares of the firm’s stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $30.15, for a total value of $4,088,701.80. Following the completion of the sale, the director owned 7,411,219 shares of the company’s stock, valued at $223,448,252.85. This trade represents a 1.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Conor Fennerty sold 55,105 shares of Curbline Properties stock in a transaction dated Thursday, July 30th. The shares were sold at an average price of $30.38, for a total transaction of $1,674,089.90. Following the sale, the executive vice president directly owned 153,909 shares in the company, valued at $4,675,755.42. The trade was a 26.36% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 589,946 shares of company stock valued at $17,738,924. Company insiders own 8.70% of the company’s stock.

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.