Vanguard Group Inc. Lowers Stock Position in Curbline Properties Corp. $CURB

Vanguard Group Inc. lessened its position in shares of Curbline Properties Corp. (NYSE:CURB) by 1.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,332,873 shares of the company’s stock after selling 186,466 shares during the quarter. Vanguard Group Inc. owned about 13.60% of Curbline Properties worth $319,623,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Thrivent Financial for Lutherans increased its holdings in Curbline Properties by 36.2% in the 2nd quarter. Thrivent Financial for Lutherans now owns 182,385 shares of the company’s stock worth $4,164,000 after buying an additional 48,516 shares during the period. Strs Ohio boosted its stake in shares of Curbline Properties by 29.9% during the 3rd quarter. Strs Ohio now owns 579,800 shares of the company’s stock worth $12,930,000 after acquiring an additional 133,600 shares in the last quarter. Mutual of America Capital Management LLC grew its holdings in Curbline Properties by 52.2% in the third quarter. Mutual of America Capital Management LLC now owns 483,968 shares of the company’s stock valued at $10,792,000 after purchasing an additional 166,046 shares during the period. OVERSEA CHINESE BANKING Corp Ltd increased its holdings in Curbline Properties by 56.9% in the 3rd quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 169,846 shares of the company’s stock worth $3,788,000 after acquiring an additional 61,587 shares in the last quarter. Finally, Public Sector Pension Investment Board raised its position in shares of Curbline Properties by 17.0% during the 3rd quarter. Public Sector Pension Investment Board now owns 377,582 shares of the company’s stock worth $8,420,000 after purchasing an additional 54,768 shares during the last quarter.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Morgan Stanley upped their target price on Curbline Properties from $27.00 to $29.00 and gave the company an “overweight” rating in a report on Monday, January 5th. Weiss Ratings upgraded shares of Curbline Properties from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday. Piper Sandler lifted their price target on shares of Curbline Properties from $30.00 to $32.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 17th. Truist Financial set a $27.00 target price on Curbline Properties in a research report on Tuesday, January 20th. Finally, KeyCorp boosted their price target on shares of Curbline Properties from $27.00 to $28.00 and gave the company an “overweight” rating in a research report on Tuesday, February 10th. Seven analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $27.63.

Curbline Properties Stock Performance

NYSE:CURB opened at $27.80 on Friday. Curbline Properties Corp. has a 1-year low of $20.91 and a 1-year high of $28.51. The firm has a 50-day moving average of $24.73 and a two-hundred day moving average of $23.61. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.14 and a quick ratio of 1.14. The stock has a market cap of $2.93 billion, a P/E ratio of 73.16 and a beta of 0.48.

Curbline Properties (NYSE:CURB) last posted its quarterly earnings results on Monday, February 9th. The company reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.18). Curbline Properties had a return on equity of 2.10% and a net margin of 21.78%.The firm had revenue of $54.15 million during the quarter, compared to analyst estimates of $52.15 million. During the same quarter last year, the business posted $0.11 earnings per share. The firm’s revenue for the quarter was up 55.2% on a year-over-year basis. Curbline Properties has set its FY 2026 guidance at 1.170-1.210 EPS. On average, research analysts expect that Curbline Properties Corp. will post 1 earnings per share for the current fiscal year.

Curbline Properties Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Wednesday, March 18th will be paid a $0.17 dividend. The ex-dividend date of this dividend is Wednesday, March 18th. This represents a $0.68 dividend on an annualized basis and a yield of 2.4%. This is an increase from Curbline Properties’s previous quarterly dividend of $0.16. Curbline Properties’s dividend payout ratio (DPR) is 168.42%.

Curbline Properties Company 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.