Strs Ohio Sells 37,800 Shares of Curbline Properties Corp. $CURB

Strs Ohio decreased its position in shares of Curbline Properties Corp. (NYSE:CURB) by 17.9% in the first quarter, HoldingsChannel reports. The firm owned 173,600 shares of the company’s stock after selling 37,800 shares during the quarter. Strs Ohio’s holdings in Curbline Properties were worth $4,477,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in CURB. T. Rowe Price Investment Management Inc. lifted its position in shares of 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 worth $309,687,000 after buying an additional 2,365,894 shares in the last quarter. Principal Financial Group Inc. grew its holdings in Curbline Properties by 426.5% during the 4th quarter. Principal Financial Group Inc. now owns 2,461,156 shares of the company’s stock valued at $57,123,000 after buying an additional 1,993,711 shares in the last quarter. Balyasny Asset Management L.P. grew its holdings in Curbline Properties by 36.4% during the 2nd quarter. Balyasny Asset Management L.P. now owns 2,164,444 shares of the company’s stock valued at $49,414,000 after buying an additional 577,037 shares in the last quarter. Daiwa Securities Group Inc. increased its stake in Curbline Properties by 25.4% in the 3rd quarter. Daiwa Securities Group Inc. now owns 2,778,716 shares of the company’s stock worth $61,966,000 after acquiring an additional 562,642 shares during the last quarter. Finally, SG Americas Securities LLC increased its stake in Curbline Properties by 2,226.3% in the 4th quarter. SG Americas Securities LLC now owns 454,044 shares of the company’s stock worth $10,538,000 after acquiring an additional 434,526 shares during the last quarter.

Curbline Properties Trading Up 1.2%

CURB stock traded up $0.36 during midday trading on Tuesday, reaching $30.48. 57,936 shares of the company traded hands, compared to its average volume of 904,993. The firm has a market capitalization of $3.48 billion, a price-to-earnings ratio of 98.22 and a beta of 0.51. Curbline Properties Corp. has a 52-week low of $21.62 and a 52-week high of $31.87. The business has a 50 day moving average of $29.17 and a 200-day moving average of $26.84. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.20 and a current ratio of 1.20.

Curbline Properties (NYSE:CURB) last announced its earnings results on Tuesday, April 28th. The company reported $0.28 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.23. The firm 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 company’s quarterly revenue was up 51.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.24 EPS. Curbline Properties has set its FY 2026 guidance at 1.200-1.230 EPS. As a group, sell-side analysts expect that Curbline Properties Corp. will post 1.22 earnings per share for the current fiscal year.

Curbline Properties Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. JPMorgan Chase & Co. increased their target price on Curbline Properties from $30.00 to $31.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. KeyCorp boosted their price target on shares of Curbline Properties from $30.00 to $32.00 and gave the stock an “overweight” rating in a research report on Monday, June 22nd. Citigroup upped their price target on shares of Curbline Properties from $30.00 to $33.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Wall Street Zen lowered shares of Curbline Properties from a “sell” rating to a “strong sell” rating in a research report on Monday, May 4th. Finally, Weiss Ratings cut shares of Curbline Properties from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, May 1st. Five investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Curbline Properties presently has an average rating of “Moderate Buy” and an average target price of $29.67.

About Curbline Properties

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.