76,555 Shares in Curbline Properties Corp. $CURB Purchased by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Curbline Properties Corp. (NYSE:CURB) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 76,555 shares of the company’s stock, valued at approximately $2,327,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. UBS Group AG lifted its holdings in shares of Curbline Properties by 175.2% in the fourth quarter. UBS Group AG now owns 425,331 shares of the company’s stock worth $9,872,000 after buying an additional 270,800 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in Curbline Properties by 5.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,523,270 shares of the company’s stock valued at $35,355,000 after acquiring an additional 74,477 shares in the last quarter. Diamond Hill Capital Management Inc. grew its stake in Curbline Properties by 48.7% during the fourth quarter. Diamond Hill Capital Management Inc. now owns 177,437 shares of the company’s stock valued at $4,118,000 after acquiring an additional 58,138 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in Curbline Properties during the 2nd quarter worth approximately $2,550,000. Finally, Paralel Advisors LLC bought a new stake in Curbline Properties during the 2nd quarter worth approximately $1,824,000.

Analyst Ratings Changes

A number of research firms have recently commented on CURB. Piper Sandler reduced their price target on shares of Curbline Properties from $40.00 to $39.00 and set an “overweight” rating for the company in a research report on Thursday, August 27th. KeyCorp increased their price objective on Curbline Properties from $32.00 to $34.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Wolfe Research lowered Curbline Properties from an “outperform” rating to a “peer perform” rating in a research note on Monday, June 15th. Jefferies Financial Group started coverage on Curbline Properties in a research report on Tuesday, August 25th. They set a “buy” rating and a $36.00 target price for the company. Finally, Citigroup upped their target price on Curbline Properties from $33.00 to $36.00 and gave the stock a “buy” rating in a research note on Monday, August 3rd. Seven analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $32.22.

Curbline Properties Price Performance

CURB stock opened at $29.46 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.63 and a quick ratio of 0.63. Curbline Properties Corp. has a one year low of $21.93 and a one year high of $32.15. The stock has a market cap of $3.39 billion, a PE ratio of 109.10 and a beta of 0.49. The firm has a 50 day simple moving average of $30.24 and a two-hundred day simple moving average of $28.85.

Curbline Properties (NYSE:CURB) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.27. The firm had revenue of $63.30 million for 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 quarterly revenue was up 52.9% on a year-over-year basis. During the same quarter last year, the company posted $0.26 EPS. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. On average, analysts predict that Curbline Properties Corp. will post 1.25 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, EVP Conor Fennerty sold 55,105 shares of the stock in a transaction on Thursday, July 30th. The stock was sold at an average price of $30.38, for a total value of $1,674,089.90. Following the transaction, the executive vice president owned 153,909 shares of the company’s stock, valued at $4,675,755.42. This represents a 26.36% 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. Also, Director Alexander Otto sold 221,812 shares of the firm’s stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $29.68, for a total value of $6,583,380.16. Following the sale, the director owned 6,586,370 shares in the company, valued at $195,483,461.60. The trade was a 3.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 1,443,707 shares of company stock worth $43,358,360. 8.70% of the stock is owned by insiders.

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.