GSA Capital Partners LLP Takes $679,000 Position in Curbline Properties Corp. $CURB

GSA Capital Partners LLP bought a new position in shares of Curbline Properties Corp. (NYSE:CURB) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 22,330 shares of the company’s stock, valued at approximately $679,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of CURB. Rockefeller Capital Management L.P. lifted its holdings in shares of Curbline Properties by 125.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,176 shares of the company’s stock valued at $27,000 after purchasing an additional 654 shares during the last quarter. Parallel Advisors LLC increased its holdings in shares of Curbline Properties by 393.7% during the 3rd quarter. Parallel Advisors LLC now owns 2,039 shares of the company’s stock valued at $45,000 after purchasing an additional 1,626 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in 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 period. Federation des caisses Desjardins du Quebec raised its position in Curbline Properties by 25.9% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 8,128 shares of the company’s stock worth $189,000 after acquiring an additional 1,672 shares during the period. Finally, BNP Paribas Financial Markets lifted its position in shares of Curbline Properties by 28.5% in the second quarter. BNP Paribas Financial Markets now owns 9,437 shares of the company’s stock valued at $215,000 after acquiring an additional 2,091 shares in the last quarter.

Analyst Ratings Changes

A number of brokerages recently commented on CURB. JPMorgan Chase & Co. lifted their price objective on Curbline Properties from $30.00 to $31.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. Weiss Ratings raised Curbline Properties from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, August 12th. Wolfe Research downgraded shares of Curbline Properties from an “outperform” rating to a “peer perform” rating in a research note on Monday, June 15th. KeyCorp increased their price target on Curbline Properties from $32.00 to $34.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Finally, Piper Sandler lifted their price objective on shares of Curbline Properties from $39.00 to $40.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Six investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $31.11.

Insider Buying and Selling at Curbline Properties

In other Curbline Properties news, EVP Conor Fennerty sold 55,105 shares of the company’s stock in a transaction on 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 completion of the transaction, the executive vice president owned 153,909 shares in the company, valued at approximately $4,675,755.42. This represents a 26.36% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Alexander Otto sold 136,226 shares of the stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $30.25, for a total transaction of $4,120,836.50. Following the transaction, the director directly owned 7,274,993 shares of the company’s stock, valued at $220,068,538.25. This represents a 1.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 735,345 shares of company stock worth $22,135,318 over the last three months. 8.70% of the stock is currently owned by corporate insiders.

Curbline Properties Stock Performance

Shares of CURB opened at $29.96 on Thursday. Curbline Properties Corp. has a 12-month low of $21.93 and a 12-month high of $32.15. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.17. The firm has a market cap of $3.45 billion, a PE ratio of 110.98 and a beta of 0.51. The company’s 50 day simple moving average is $30.53 and its 200-day simple moving average is $28.40.

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

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.