Aew Capital Management L P Sells 123,299 Shares of Curbline Properties Corp. $CURB

Aew Capital Management L P trimmed its stake in shares of Curbline Properties Corp. (NYSE:CURB) by 8.0% in the fourth quarter, HoldingsChannel reports. The firm owned 1,424,625 shares of the company’s stock after selling 123,299 shares during the quarter. Curbline Properties accounts for about 2.4% of Aew Capital Management L P’s holdings, making the stock its 15th largest holding. Aew Capital Management L P’s holdings in Curbline Properties were worth $33,066,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the company. ProShare Advisors LLC grew its position in shares of Curbline Properties by 3.2% in the fourth quarter. ProShare Advisors LLC now owns 18,930 shares of the company’s stock valued at $439,000 after purchasing an additional 592 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position 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 last quarter. Amalgamated Bank grew its position in shares of Curbline Properties by 3.3% in the third quarter. Amalgamated Bank now owns 27,991 shares of the company’s stock valued at $624,000 after purchasing an additional 906 shares during the last quarter. State of Alaska Department of Revenue grew its position in shares of Curbline Properties by 1.3% in the fourth quarter. State of Alaska Department of Revenue now owns 102,812 shares of the company’s stock valued at $2,384,000 after purchasing an additional 1,340 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Curbline Properties by 2.5% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 58,075 shares of the company’s stock valued at $1,348,000 after purchasing an additional 1,400 shares during the last quarter.

Curbline Properties Trading Up 2.4%

Shares of CURB stock opened at $28.41 on Thursday. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.18. The stock has a market cap of $3.00 billion, a P/E ratio of 91.65 and a beta of 0.52. The stock has a 50 day simple moving average of $27.08 and a 200 day simple moving average of $25.33. Curbline Properties Corp. has a 1 year low of $21.62 and a 1 year high of $28.94.

Curbline Properties (NYSE:CURB) last posted its quarterly earnings data 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. Curbline Properties had a net margin of 16.24% and a return on equity of 1.74%. The business had revenue of $57.99 million during the quarter, compared to analysts’ expectations of $53.34 million. During the same quarter in the prior year, the business posted $0.24 earnings per share. Curbline Properties’s revenue was up 51.0% compared to the same quarter last year. Curbline Properties has set its FY 2026 guidance at 1.200-1.230 EPS. On average, research analysts predict that Curbline Properties Corp. will post 1.22 earnings per share for the current fiscal year.

Curbline Properties Announces Dividend

The company 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 dividend of $0.17 per share. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $0.68 annualized dividend and a yield of 2.4%. Curbline Properties’s dividend payout ratio is currently 219.35%.

Insiders Place Their Bets

In related news, CEO David R. Lukes sold 83,663 shares of the company’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $26.83, for a total transaction of $2,244,678.29. Following the completion of the sale, the chief executive officer owned 506,597 shares of the company’s stock, valued at $13,591,997.51. This represents a 14.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 8.70% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on CURB shares. Weiss Ratings downgraded Curbline Properties from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 1st. Wall Street Zen downgraded shares of Curbline Properties from a “sell” rating to a “strong sell” rating in a research note on Monday, May 4th. KeyCorp upped their price target on shares of Curbline Properties from $28.00 to $30.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Citigroup boosted their price objective 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. Finally, Morgan Stanley boosted their price objective on shares of Curbline Properties from $29.00 to $30.00 and gave the company an “overweight” rating in a report on Thursday, April 23rd. Seven investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $29.44.

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.