Peregrine Capital Management LLC Sells 38,205 Shares of Curbline Properties Corp. $CURB

Peregrine Capital Management LLC reduced its stake in shares of Curbline Properties Corp. (NYSE:CURB) by 17.1% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 185,567 shares of the company’s stock after selling 38,205 shares during the quarter. Peregrine Capital Management LLC’s holdings in Curbline Properties were worth $4,786,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CURB. Rockefeller Capital Management L.P. boosted its position in Curbline Properties by 125.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,176 shares of the company’s stock valued at $27,000 after buying an additional 654 shares during the period. Parallel Advisors LLC boosted its holdings in shares of Curbline Properties by 393.7% in the third 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 during the period. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Curbline Properties by 33.5% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,768 shares of the company’s stock valued at $64,000 after purchasing an additional 694 shares during the period. Federation des caisses Desjardins du Quebec grew its stake in Curbline Properties by 25.9% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 8,128 shares of the company’s stock worth $189,000 after purchasing an additional 1,672 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its holdings in Curbline Properties by 28.5% during the 2nd quarter. BNP Paribas Financial Markets now owns 9,437 shares of the company’s stock worth $215,000 after purchasing an additional 2,091 shares during the period.

Curbline Properties Price Performance

NYSE CURB opened at $29.95 on Thursday. The firm’s fifty day simple moving average is $29.01 and its two-hundred day simple moving average is $26.69. The firm has a market capitalization of $3.16 billion, a P/E ratio of 96.63 and a beta of 0.50. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.18. Curbline Properties Corp. has a 12-month low of $21.62 and a 12-month high of $31.87.

Curbline Properties (NYSE:CURB) last issued 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 business had revenue of $57.99 million during 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 company’s quarterly revenue was up 51.0% on a year-over-year basis. During the same quarter last year, the company earned $0.24 earnings per share. Curbline Properties has set its FY 2026 guidance at 1.200-1.230 EPS. Analysts forecast that Curbline Properties Corp. will post 1.22 EPS for the current fiscal year.

Curbline Properties Announces Dividend

The business 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. This represents a $0.68 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Thursday, June 18th. Curbline Properties’s dividend payout ratio (DPR) is presently 219.35%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Wall Street Zen lowered shares of Curbline Properties from a “sell” rating to a “strong sell” rating in a research note on Monday, May 4th. Citigroup boosted their price target on shares of Curbline Properties from $30.00 to $33.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. JPMorgan Chase & Co. upped their price target on shares of Curbline Properties from $30.00 to $31.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. KeyCorp increased their price objective on shares of Curbline Properties from $30.00 to $32.00 and gave the company an “overweight” rating in a research note on Monday, June 22nd. Finally, Truist Financial lifted their price objective on shares of Curbline Properties from $27.00 to $31.00 and gave the company a “buy” rating in a report on Thursday, March 5th. Five investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, Curbline Properties has an average rating of “Moderate Buy” and a consensus target price of $29.67.

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.