Mitsubishi UFJ Asset Management Co. Ltd. Makes New $2.55 Million Investment in Curbline Properties Corp. $CURB

Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of Curbline Properties Corp. (NYSE:CURB) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 83,882 shares of the company’s stock, valued at approximately $2,550,000. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.07% of Curbline Properties as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. UBS Group AG lifted its position 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 purchasing an additional 270,800 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position 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 worth $35,355,000 after buying an additional 74,477 shares during the last quarter. Diamond Hill Capital Management Inc. raised its stake in Curbline Properties by 48.7% in the 4th 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 during the period. Principal Financial Group Inc. lifted its stake 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 buying an additional 1,993,711 shares during the last quarter. Finally, First Trust Advisors LP boosted its holdings in shares of Curbline Properties by 410.6% during the first quarter. First Trust Advisors LP now owns 308,144 shares of the company’s stock worth $7,947,000 after acquiring an additional 247,797 shares during the period.

Insider Buying and Selling at Curbline Properties

In related news, Director Alexander Otto sold 136,226 shares of Curbline Properties stock in a transaction that occurred on 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 owned 7,274,993 shares of the company’s stock, valued at $220,068,538.25. The trade was a 1.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Conor Fennerty sold 55,105 shares of Curbline Properties stock in a transaction on Thursday, July 30th. The stock was sold at an average price of $30.38, for a total transaction of $1,674,089.90. Following the transaction, the executive vice president directly owned 153,909 shares in the company, valued at $4,675,755.42. This represents a 26.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 769,478 shares of company stock worth $23,160,087. Corporate insiders own 8.70% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Wall Street Zen upgraded shares of Curbline Properties from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 1st. Weiss Ratings raised Curbline Properties from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, August 12th. Morgan Stanley reiterated an “equal weight” rating and set a $30.00 price objective on shares of Curbline Properties in a research report on Thursday, June 18th. 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. Finally, Wolfe Research downgraded shares of Curbline Properties from an “outperform” rating to a “peer perform” rating in a research note on Monday, June 15th. Six investment analysts have rated the stock with a Buy rating and three 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 $31.11.

Curbline Properties Stock Performance

Shares of CURB stock opened at $29.47 on Friday. Curbline Properties Corp. has a 52 week low of $21.93 and a 52 week high of $32.15. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.17. The company has a market cap of $3.39 billion, a price-to-earnings ratio of 109.15 and a beta of 0.51. The firm has a 50 day moving average of $30.49 and a 200-day moving average of $28.44.

Curbline Properties (NYSE:CURB) last announced 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. Curbline Properties had a net margin of 13.10% and a return on equity of 1.50%. The firm had revenue of $63.30 million for the quarter, compared to analyst estimates of $57.25 million. During the same quarter in the prior year, the business earned $0.26 earnings per share. The business’s quarterly revenue was up 52.9% compared to the same quarter last year. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. On average, equities analysts forecast that Curbline Properties Corp. will post 1.26 earnings per share 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.