Keybank National Association OH Acquires Shares of 25,217 Curbline Properties Corp. $CURB

Keybank National Association OH bought a new stake in Curbline Properties Corp. (NYSE:CURB) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 25,217 shares of the company’s stock, valued at approximately $650,000.

Other hedge funds have also made changes to their positions in the company. Maryland State Retirement & Pension System grew its holdings in shares of Curbline Properties by 3.8% during the fourth quarter. Maryland State Retirement & Pension System now owns 14,322 shares of the company’s stock worth $332,000 after buying an additional 525 shares during the last quarter. ProShare Advisors LLC raised its stake in Curbline Properties by 3.2% during the 4th quarter. ProShare Advisors LLC now owns 18,930 shares of the company’s stock valued at $439,000 after acquiring an additional 592 shares during the last quarter. Rockefeller Capital Management L.P. raised its stake in 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 acquiring an additional 654 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in Curbline Properties by 33.5% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,768 shares of the company’s stock worth $64,000 after acquiring an additional 694 shares during the period. Finally, GSI Capital Advisors LLC lifted its position in Curbline Properties by 0.5% during the 4th quarter. GSI Capital Advisors LLC now owns 158,081 shares of the company’s stock worth $3,669,000 after acquiring an additional 750 shares during the period.

Analyst Ratings Changes

CURB has been the topic of a number of recent research reports. Citigroup boosted their target price on Curbline Properties from $30.00 to $33.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. KeyCorp lifted their price objective on shares of Curbline Properties from $30.00 to $32.00 and gave the company an “overweight” rating in a research report on Monday, June 22nd. Weiss Ratings cut shares of Curbline Properties from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, May 1st. Wolfe Research downgraded shares of Curbline Properties from an “outperform” rating to a “peer perform” rating in a research report on Monday, June 15th. Finally, JPMorgan Chase & Co. raised their target price on shares of Curbline Properties from $30.00 to $31.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Five research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Curbline Properties presently has a consensus rating of “Moderate Buy” and an average target price of $29.67.

Curbline Properties Stock Performance

NYSE:CURB opened at $30.55 on Thursday. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.18. Curbline Properties Corp. has a fifty-two week low of $21.62 and a fifty-two week high of $31.87. The stock has a market cap of $3.48 billion, a PE ratio of 98.55 and a beta of 0.51. The firm’s fifty day simple moving average is $29.26 and its 200-day simple moving average is $26.95.

Curbline Properties (NYSE:CURB) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.05 by $0.23. Curbline Properties had a net margin of 16.24% and a return on equity of 1.74%. The firm had revenue of $57.99 million during the quarter, compared to analysts’ expectations of $53.34 million. During the same quarter last year, the business earned $0.24 earnings per share. The business’s revenue for the quarter was up 51.0% compared to the same quarter last year. Curbline Properties has set its FY 2026 guidance at 1.200-1.230 EPS. Analysts expect that Curbline Properties Corp. will post 1.22 earnings per share for the current fiscal year.

Curbline Properties Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th will be issued a $0.17 dividend. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $0.68 dividend on an annualized basis and a yield of 2.2%. Curbline Properties’s dividend payout ratio (DPR) is 219.35%.

Curbline Properties 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.