Jupiter Topco LLC Takes Position in Curbline Properties Corp. $CURB

Jupiter Topco LLC acquired a new position in Curbline Properties Corp. (NYSE:CURBFree Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 1,543,939 shares of the company’s stock, valued at approximately $46,975,000. Jupiter Topco LLC owned approximately 1.34% of Curbline Properties as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in CURB. Royal Bank of Canada boosted its stake in Curbline Properties by 43.7% during the first quarter. Royal Bank of Canada now owns 17,595 shares of the company’s stock valued at $425,000 after buying an additional 5,351 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Curbline Properties by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 56,529 shares of the company’s stock worth $1,367,000 after acquiring an additional 2,483 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Curbline Properties by 11.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 727,420 shares of the company’s stock valued at $17,596,000 after acquiring an additional 77,322 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of Curbline Properties in the 1st quarter valued at about $4,025,000. Finally, Intech Investment Management LLC boosted its position in shares of Curbline Properties by 58.6% during the 1st quarter. Intech Investment Management LLC now owns 51,984 shares of the company’s stock valued at $1,257,000 after acquiring an additional 19,204 shares during the last quarter.

Analyst Ratings Changes

Several research analysts have recently commented on the company. JPMorgan Chase & Co. boosted their price objective on Curbline Properties from $30.00 to $31.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Jefferies Financial Group started coverage on shares of Curbline Properties in a research note on Tuesday. They issued a “buy” rating and a $36.00 target price on the stock. Citigroup lifted their target price on shares of Curbline Properties from $33.00 to $36.00 and gave the company a “buy” rating in a research report on Monday, August 3rd. KeyCorp boosted their price target on shares of Curbline Properties from $32.00 to $34.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Finally, Piper Sandler decreased their price target on shares of Curbline Properties from $40.00 to $39.00 and set an “overweight” rating on the stock in a report on Thursday. Seven analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $31.50.

Check Out Our Latest Research Report on CURB

More Curbline Properties News

Here are the key news stories impacting Curbline Properties this week:

  • Positive Sentiment: Piper Sandler maintained an “overweight” rating while trimming its price target from $40 to $39. The new target still implies approximately 30% upside from the referenced $29.90 share price. Piper Sandler price target update
  • Positive Sentiment: Jefferies initiated coverage with a “buy” rating and a $36 price target, implying roughly 20% upside. New analyst coverage can improve visibility and reinforce the investment case. Jefferies coverage initiation
  • Positive Sentiment: Curbline was upgraded to Zacks Rank #2 (Buy), reflecting greater optimism about its earnings outlook. The company’s latest reported quarter also showed revenue growth of 52.9% year over year and earnings well above consensus. Zacks Curbline rating upgrade
  • Neutral Sentiment: Brokerage data places Curbline’s average price target at $31.11, modestly above the referenced trading level, indicating some potential upside but less bullishness than the newest individual analyst targets. Curbline average price target
  • Negative Sentiment: Director Alexander Otto sold 134,868 shares for approximately $4.07 million on August 26, following a sale of 174,293 shares worth about $5.25 million on August 25. The combined sale of 309,161 shares reduced his holdings by roughly 4.3%, although he still owns about 6.9 million shares. SEC insider ownership filing

Insider Buying and Selling

In other news, EVP Conor Fennerty sold 55,105 shares of the business’s 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 approximately $4,675,755.42. The trade was a 26.36% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 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 completion of the sale, the director owned 7,057,394 shares of the company’s stock, valued at approximately $212,568,707.28. The trade was a 2.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,078,639 shares of company stock worth $32,478,760 over the last quarter. Company insiders own 8.70% of the company’s stock.

Curbline Properties Price Performance

CURB opened at $29.90 on Friday. The stock has a 50-day moving average price of $30.47 and a 200-day moving average price of $28.61. Curbline Properties Corp. has a 12-month low of $21.93 and a 12-month high of $32.15. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.17. The stock has a market capitalization of $3.44 billion, a P/E ratio of 110.75 and a beta of 0.51.

Curbline Properties (NYSE:CURBGet Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $0.31 EPS for the quarter, beating the consensus estimate of $0.04 by $0.27. The firm had revenue of $63.30 million for the quarter, compared to analyst estimates of $57.25 million. Curbline Properties had a return on equity of 1.50% and a net margin of 13.10%.The company’s revenue was up 52.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.26 EPS. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. Equities analysts predict that Curbline Properties Corp. will post 1.26 earnings per share for the current fiscal year.

Curbline Properties Company Profile

(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.

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

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