Sanctuary Advisors LLC acquired a new stake in Curbline Properties Corp. (NYSE:CURB – Free Report) in the second quarter, according to its most recent filing with the SEC. The fund acquired 18,910 shares of the company’s stock, valued at approximately $575,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Rockefeller Capital Management L.P. boosted its holdings in shares of Curbline Properties by 125.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,176 shares of the company’s stock worth $27,000 after acquiring an additional 654 shares during the period. Parallel Advisors LLC grew its position in shares of Curbline Properties by 393.7% in the third quarter. Parallel Advisors LLC now owns 2,039 shares of the company’s stock valued at $45,000 after purchasing an additional 1,626 shares in the last quarter. Federation des caisses Desjardins du Quebec raised its stake in shares of Curbline Properties by 25.9% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 8,128 shares of the company’s stock valued at $189,000 after purchasing an additional 1,672 shares during the period. Arrowstreet Capital Limited Partnership bought a new stake in shares of Curbline Properties during the 1st quarter valued at $243,000. Finally, BNP Paribas Financial Markets lifted its holdings in Curbline Properties by 28.5% during the 2nd quarter. BNP Paribas Financial Markets now owns 9,437 shares of the company’s stock worth $215,000 after purchasing an additional 2,091 shares in the last quarter.
Insider Activity at Curbline Properties
In other Curbline Properties news, Director Alexander Otto sold 174,293 shares of Curbline Properties stock in a transaction that occurred on Tuesday, August 25th. The shares were 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 directly owned 7,057,394 shares in the company, valued at $212,568,707.28. The trade was a 2.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Conor Fennerty sold 55,105 shares of the business’s stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $30.38, for a total transaction of $1,674,089.90. Following the completion of the transaction, the executive vice president directly owned 153,909 shares of the company’s stock, valued at approximately $4,675,755.42. This represents a 26.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 1,078,639 shares of company stock worth $32,478,760. 8.70% of the stock is owned by company insiders.
Wall Street Analyst Weigh In
Check Out Our Latest Research Report on Curbline Properties
Curbline Properties Price Performance
Curbline Properties stock opened at $30.04 on Friday. Curbline Properties Corp. has a 52 week low of $21.93 and a 52 week high of $32.15. The business has a 50-day simple moving average of $30.48 and a 200 day simple moving average of $28.62. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.17. The stock has a market cap of $3.46 billion, a price-to-earnings ratio of 111.26 and a beta of 0.51.
Curbline Properties (NYSE:CURB – Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The company reported $0.31 earnings per share 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 analysts’ expectations 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% compared to the same quarter last year. During the same quarter last year, the firm posted $0.26 EPS. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. On average, research analysts forecast that Curbline Properties Corp. will post 1.25 earnings per share for the current fiscal year.
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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