UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Curbline Properties Corp. (NYSE:CURB – Free Report) by 4.2% in the second quarter, Holdings Channel.com reports. The firm owned 495,293 shares of the company’s stock after purchasing an additional 20,121 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Curbline Properties were worth $15,057,000 at the end of the most recent reporting period.
Other institutional investors have also recently modified their holdings of the company. Rockefeller Capital Management L.P. raised its holdings in shares of Curbline Properties by 125.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,176 shares of the company’s stock valued at $27,000 after buying an additional 654 shares in the last quarter. Parallel Advisors LLC boosted its stake in Curbline Properties by 393.7% in the third quarter. Parallel Advisors LLC now owns 2,039 shares of the company’s stock worth $45,000 after buying an additional 1,626 shares in the last quarter. Federation des caisses Desjardins du Quebec boosted its stake in Curbline Properties by 25.9% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 8,128 shares of the company’s stock worth $189,000 after buying an additional 1,672 shares in the last quarter. BNP Paribas Financial Markets grew its position in Curbline Properties by 28.5% during the second quarter. BNP Paribas Financial Markets now owns 9,437 shares of the company’s stock valued at $215,000 after acquiring an additional 2,091 shares during the last quarter. Finally, Tower Research Capital LLC TRC grew its position in Curbline Properties by 120.5% during the second quarter. Tower Research Capital LLC TRC now owns 9,639 shares of the company’s stock valued at $220,000 after acquiring an additional 5,268 shares during the last quarter.
Curbline Properties Stock Performance
Shares of CURB stock opened at $29.53 on Friday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.63 and a current ratio of 0.63. Curbline Properties Corp. has a fifty-two week low of $21.93 and a fifty-two week high of $32.15. The stock has a 50 day moving average price of $30.32 and a two-hundred day moving average price of $28.76. The company has a market capitalization of $3.40 billion, a P/E ratio of 109.37 and a beta of 0.49.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently weighed in on CURB shares. Wolfe Research lowered shares of Curbline Properties from an “outperform” rating to a “peer perform” rating in a report on Monday, June 15th. Jefferies Financial Group began coverage on shares of Curbline Properties in a report on Tuesday, August 25th. They set a “buy” rating and a $36.00 target price on the stock. 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. Piper Sandler lowered their price target on shares of Curbline Properties from $40.00 to $39.00 and set an “overweight” rating for the company in a research note on Thursday, August 27th. Finally, KeyCorp upped their price target on shares of Curbline Properties from $32.00 to $34.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Seven research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $31.50.
Read Our Latest Research Report on Curbline Properties
Insiders Place Their Bets
In other Curbline Properties news, Director Alexander Otto sold 134,868 shares of the stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $30.17, for a total transaction of $4,068,967.56. Following the completion of the sale, the director owned 6,922,526 shares of the company’s stock, valued at $208,852,609.42. This represents a 1.91% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Over the last three months, insiders have sold 1,078,639 shares of company stock worth $32,478,760. Corporate insiders own 8.70% of the company’s stock.
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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