Quantbot Technologies LP bought a new stake in Curbline Properties Corp. (NYSE:CURB – Free Report) in the second quarter, Holdings Channel reports. The institutional investor bought 77,290 shares of the company’s stock, valued at approximately $2,350,000.
Several other hedge funds have also recently added to or reduced their stakes in CURB. UBS Group AG boosted its stake 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 purchasing an additional 270,800 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Curbline Properties by 5.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,523,270 shares of the company’s stock valued at $35,355,000 after purchasing an additional 74,477 shares during the last quarter. Diamond Hill Capital Management Inc. boosted its position in Curbline Properties by 48.7% in the 4th quarter. Diamond Hill Capital Management Inc. now owns 177,437 shares of the company’s stock valued at $4,118,000 after buying an additional 58,138 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in Curbline Properties by 426.5% in the fourth quarter. Principal Financial Group Inc. now owns 2,461,156 shares of the company’s stock valued at $57,123,000 after acquiring an additional 1,993,711 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of Curbline Properties in the 2nd quarter valued at about $2,550,000.
Insider Activity at Curbline Properties
In related news, Director Alexander Otto sold 136,226 shares of the business’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $30.25, for a total transaction of $4,120,836.50. Following the transaction, the director owned 7,274,993 shares in the company, valued at $220,068,538.25. The trade was a 1.84% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Conor Fennerty sold 55,105 shares of the stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $30.38, for a total value of $1,674,089.90. Following the completion of the transaction, the executive vice president owned 153,909 shares in the company, valued at approximately $4,675,755.42. The trade was a 26.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 769,478 shares of company stock worth $23,160,087. Insiders own 8.70% of the company’s stock.
Curbline Properties Trading Up 1.3%
Curbline Properties (NYSE:CURB – Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The company reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.27. The company had revenue of $63.30 million during the quarter, compared to the consensus estimate 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 quarter in the prior year, the firm posted $0.26 earnings per share. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. Equities research analysts predict that Curbline Properties Corp. will post 1.26 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
Several equities analysts have recently issued reports on the company. Weiss Ratings upgraded Curbline Properties from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, August 12th. KeyCorp increased their target price on Curbline Properties from $32.00 to $34.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Jefferies Financial Group started coverage on shares of Curbline Properties in a research note on Tuesday. They set a “buy” rating for the company. Morgan Stanley restated an “equal weight” rating and issued a $30.00 price objective on shares of Curbline Properties in a report on Thursday, June 18th. Finally, Citigroup boosted their target price on shares of Curbline Properties from $33.00 to $36.00 and gave the stock a “buy” rating in a report on Monday, August 3rd. Seven equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Curbline Properties has an average rating of “Moderate Buy” and an average price target of $31.11.
View Our Latest Stock Analysis on CURB
About Curbline Properties
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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