Deutsche Bank AG purchased a new stake in Curbline Properties Corp. (NYSE:CURB – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 2,044,247 shares of the company’s stock, valued at approximately $62,145,000.
Several other large investors also recently bought and sold shares of the stock. Rockefeller Capital Management L.P. grew its holdings in shares of Curbline Properties by 125.3% during the fourth 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 last quarter. Parallel Advisors LLC increased its position in shares of Curbline Properties by 393.7% during the third quarter. Parallel Advisors LLC now owns 2,039 shares of the company’s stock worth $45,000 after purchasing an additional 1,626 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Curbline Properties by 33.5% in the 4th 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. Federation des caisses Desjardins du Quebec lifted its holdings in shares of Curbline Properties by 25.9% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 8,128 shares of the company’s stock valued at $189,000 after purchasing an additional 1,672 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its position in shares of Curbline Properties by 28.5% in the 2nd quarter. BNP Paribas Financial Markets now owns 9,437 shares of the company’s stock valued at $215,000 after purchasing an additional 2,091 shares during the period.
Insider Buying and Selling
In other Curbline Properties news, Director Alexander Otto sold 1,206 shares of the stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $30.10, for a total transaction of $36,300.60. Following the completion of the sale, the director directly owned 7,231,687 shares of the company’s stock, valued at approximately $217,673,778.70. This trade represents a 0.02% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last ninety days, insiders sold 769,478 shares of company stock worth $23,160,087. 8.70% of the stock is owned by corporate insiders.
Curbline Properties Price Performance
Curbline Properties (NYSE:CURB – Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The company reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.04 by $0.27. Curbline Properties had a return on equity of 1.50% and a net margin of 13.10%.The firm had revenue of $63.30 million for the quarter, compared to analyst estimates of $57.25 million. During the same quarter last year, the company posted $0.26 earnings per share. The business’s revenue was up 52.9% on a year-over-year basis. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. On average, analysts predict that Curbline Properties Corp. will post 1.26 EPS for the current year.
Wall Street Analyst Weigh In
A number of research firms recently issued reports on CURB. Piper Sandler raised their price target on Curbline Properties from $39.00 to $40.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Citigroup boosted their price objective on Curbline Properties from $33.00 to $36.00 and gave the company a “buy” rating in a research note on Monday, August 3rd. Wall Street Zen raised Curbline Properties from a “strong sell” rating to a “sell” rating in a report on Saturday, August 1st. Morgan Stanley reissued an “equal weight” rating and issued a $30.00 price objective on shares of Curbline Properties in a report on Thursday, June 18th. Finally, 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. Six equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $31.11.
View Our Latest Report on CURB
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.
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