Boothbay Fund Management LLC Trims Holdings in Curbline Properties Corp. $CURB

Boothbay Fund Management LLC lessened its holdings in shares of Curbline Properties Corp. (NYSE:CURB) by 24.0% during the fourth quarter, Holdings Channel reports. The firm owned 351,762 shares of the company’s stock after selling 110,899 shares during the quarter. Boothbay Fund Management LLC’s holdings in Curbline Properties were worth $8,164,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Principal Financial Group Inc. grew its holdings in shares of Curbline Properties by 426.5% during the 4th quarter. Principal Financial Group Inc. now owns 2,461,156 shares of the company’s stock worth $57,123,000 after acquiring an additional 1,993,711 shares during the period. Aew Capital Management L P grew its holdings in shares of Curbline Properties by 111.2% during the 3rd quarter. Aew Capital Management L P now owns 1,547,924 shares of the company’s stock worth $34,519,000 after acquiring an additional 815,060 shares during the period. Balyasny Asset Management L.P. grew its holdings in shares of 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 worth $49,414,000 after acquiring an additional 577,037 shares during the period. Daiwa Securities Group Inc. grew its holdings in shares of Curbline Properties by 25.4% during 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 period. Finally, SG Americas Securities LLC grew its holdings in shares of Curbline Properties by 2,226.3% during 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 period.

Analysts Set New Price Targets

A number of research firms have weighed in on CURB. JPMorgan Chase & Co. upped their target price on Curbline Properties from $30.00 to $31.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Morgan Stanley upped their target price on Curbline Properties from $29.00 to $30.00 and gave the stock an “overweight” rating in a report on Thursday, April 23rd. Weiss Ratings downgraded Curbline Properties from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 1st. Citigroup upped their target price on Curbline Properties from $30.00 to $33.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Finally, KeyCorp upped their target price on Curbline Properties from $28.00 to $30.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. Six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, Curbline Properties presently has an average rating of “Moderate Buy” and a consensus target price of $29.44.

Curbline Properties Stock Performance

Curbline Properties stock opened at $30.07 on Thursday. 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 company has a market capitalization of $3.17 billion, a P/E ratio of 97.01 and a beta of 0.55. The stock’s 50 day moving average is $28.36 and its 200 day moving average is $26.17. Curbline Properties Corp. has a twelve month low of $21.62 and a twelve month high of $30.99.

Curbline Properties (NYSE:CURB) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.23. The company had revenue of $57.99 million for the quarter, compared to the consensus estimate 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 in the prior year, the business posted $0.24 EPS. Curbline Properties has set its FY 2026 guidance at 1.200-1.230 EPS. On average, equities research analysts predict that Curbline Properties Corp. will post 1.22 earnings per share for the current fiscal year.

Curbline Properties Announces Dividend

The firm also recently disclosed 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 of this dividend is Thursday, June 18th. This represents a $0.68 annualized dividend and a yield of 2.3%. Curbline Properties’s dividend payout ratio is 219.35%.

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.