HBK Investments L P Invests $1.52 Million in Curbline Properties Corp. $CURB

HBK Investments L P bought a new stake in Curbline Properties Corp. (NYSE:CURB) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 50,000 shares of the company’s stock, valued at approximately $1,520,000.

Several other institutional investors also recently bought and sold shares of CURB. Rockefeller Capital Management L.P. increased its stake 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 worth $27,000 after purchasing an additional 654 shares during the period. Nykredit A S purchased a new stake in shares of Curbline Properties during the second quarter valued at approximately $55,000. Sanctuary Advisors LLC bought a new position in shares of Curbline Properties in the first quarter worth approximately $224,000. Arrowstreet Capital Limited Partnership bought a new position in shares of Curbline Properties in the first quarter worth approximately $243,000. Finally, Caxton Associates LLP purchased a new position in shares of Curbline Properties in the first quarter worth $283,000.

Curbline Properties Trading Down 1.8%

Curbline Properties stock traded down $0.53 during mid-day trading on Wednesday, reaching $28.71. 1,102,900 shares of the company traded hands, compared to its average volume of 1,045,379. 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 52-week low of $22.08 and a 52-week high of $32.15. The firm has a market capitalization of $3.30 billion, a price-to-earnings ratio of 106.35 and a beta of 0.49. The firm’s 50 day moving average price is $30.17 and its 200 day moving average price is $28.88.

Curbline Properties (NYSE:CURB) last posted its earnings results on Tuesday, July 28th. The company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.04 by $0.27. The firm had revenue of $63.30 million during 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 company’s quarterly revenue was up 52.9% compared to the same quarter last year. During the same period 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 anticipate that Curbline Properties Corp. will post 1.25 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

CURB has been the subject of several analyst reports. Jefferies Financial Group assumed coverage on shares of Curbline Properties in a research report on Tuesday, August 25th. They set a “buy” rating and a $36.00 price target for the company. Weiss Ratings upgraded shares of Curbline Properties from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, August 12th. Morgan Stanley reaffirmed an “equal weight” rating and set a $30.00 price objective on shares of Curbline Properties in a research note on Thursday, June 18th. Wolfe Research lowered shares of Curbline Properties from an “outperform” rating to a “peer perform” rating in a report on Monday, June 15th. Finally, Wall Street Zen raised Curbline Properties from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 1st. Seven research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $32.22.

Insider Transactions at Curbline Properties

In other Curbline Properties news, 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 completion of the sale, the director directly owned 6,586,370 shares in the company, valued at $195,483,461.60. This trade represents a 3.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Conor Fennerty sold 55,105 shares of Curbline Properties stock in a transaction that occurred on Thursday, July 30th. The shares were sold at an average price of $30.38, for a total value of $1,674,089.90. Following the sale, the executive vice president directly owned 153,909 shares in the company, valued at approximately $4,675,755.42. The trade was a 26.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 1,446,890 shares of company stock valued at $43,452,298. 8.70% of the stock is owned by insiders.

Curbline Properties Company Profile

Curbline Properties Corporation (NYSE: CURB) is a self-managed real estate investment trust focused on owning and operating convenience-oriented retail properties. Its portfolio primarily consists of open-air shopping centers designed to serve everyday consumer needs and support services in established communities.

The company’s properties are generally occupied by tenants such as grocery stores, restaurants, healthcare providers, fitness operators, personal-service businesses and other necessity- and service-oriented retailers.