Maven Securities LTD Takes Position in Curbline Properties Corp. $CURB

Maven Securities LTD purchased a new position in Curbline Properties Corp. (NYSE:CURBFree Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 75,000 shares of the company’s stock, valued at approximately $2,280,000. Maven Securities LTD owned 0.07% of Curbline Properties as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. UBS Group AG increased its holdings in shares of Curbline Properties by 175.2% in the 4th quarter. UBS Group AG now owns 425,331 shares of the company’s stock valued at $9,872,000 after acquiring an additional 270,800 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of Curbline Properties by 5.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,523,270 shares of the company’s stock worth $35,355,000 after purchasing an additional 74,477 shares during the last quarter. Diamond Hill Capital Management Inc. lifted its stake in shares of Curbline Properties by 48.7% during the 4th quarter. Diamond Hill Capital Management Inc. now owns 177,437 shares of the company’s stock worth $4,118,000 after purchasing an additional 58,138 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in Curbline Properties during the second quarter valued at about $2,550,000. Finally, Paralel Advisors LLC bought a new stake in Curbline Properties during the second quarter valued at about $1,824,000.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Wolfe Research downgraded shares of Curbline Properties from an “outperform” rating to a “peer perform” rating in a report on Monday, June 15th. Jefferies Financial Group assumed coverage on shares of Curbline Properties in a report on Tuesday, August 25th. They issued a “buy” rating and a $36.00 price target on the stock. Piper Sandler cut their price objective on shares of Curbline Properties from $40.00 to $39.00 and set an “overweight” rating on the stock in a research report on Thursday, August 27th. Citigroup boosted their price objective on shares of Curbline Properties from $33.00 to $36.00 and gave the stock a “buy” rating in a research note on Monday, August 3rd. Finally, KeyCorp increased their target price 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 two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $32.22.

Get Our Latest Report on Curbline Properties

Insider Activity

In related news, 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 completion of the sale, the executive vice president directly owned 153,909 shares in the company, valued at $4,675,755.42. This trade represents a 26.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Alexander Otto sold 174,293 shares of the business’s stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $30.12, for a total transaction of $5,249,705.16. Following the sale, the director directly owned 7,057,394 shares in the company, valued at approximately $212,568,707.28. This represents a 2.41% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 1,188,783 shares of company stock worth $35,795,195. Corporate insiders own 8.70% of the company’s stock.

Curbline Properties Stock Up 0.6%

Shares of CURB stock opened at $29.65 on Wednesday. The stock’s fifty day moving average price is $30.27 and its 200 day moving average price is $28.82. Curbline Properties Corp. has a 1-year low of $21.93 and a 1-year high of $32.15. The company has a market cap of $3.41 billion, a price-to-earnings ratio of 109.83 and a beta of 0.49. 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 (NYSE:CURBGet Free Report) last released its quarterly earnings results on Tuesday, July 28th. The company reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.04 by $0.27. The company had revenue of $63.30 million during the quarter, compared to analysts’ expectations of $57.25 million. Curbline Properties had a return on equity of 1.50% and a net margin of 13.10%.The firm’s revenue was up 52.9% compared to the same quarter last year. During the same period last year, the business posted $0.26 earnings per share. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. On average, research analysts expect that Curbline Properties Corp. will post 1.25 earnings per share for the current fiscal year.

About Curbline Properties

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Curbline Properties (NYSE:CURB)

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