Curbline Properties Corp. (NYSE:CURB - Get Free Report) CEO David Lukes sold 39,749 shares of the business's stock in a transaction on Friday, March 13th. The stock was sold at an average price of $26.80, for a total value of $1,065,273.20. Following the transaction, the chief executive officer owned 590,260 shares of the company's stock, valued at $15,818,968. This trade represents a 6.31% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Curbline Properties Trading Up 0.3%
NYSE:CURB opened at $26.79 on Wednesday. The stock has a market cap of $2.82 billion, a price-to-earnings ratio of 70.51 and a beta of 0.26. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.14 and a current ratio of 1.14. Curbline Properties Corp. has a 1 year low of $20.91 and a 1 year high of $28.65. The business has a fifty day moving average of $25.71 and a 200-day moving average of $24.03.
Curbline Properties (NYSE:CURB - Get Free Report) last issued its quarterly earnings data on Monday, February 9th. The company reported $0.09 earnings per share for the quarter, missing analysts' consensus estimates of $0.27 by ($0.18). The company had revenue of $54.15 million for the quarter, compared to the consensus estimate of $52.15 million. Curbline Properties had a net margin of 21.78% and a return on equity of 2.10%. Curbline Properties's revenue for the quarter was up 55.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.11 earnings per share. Curbline Properties has set its FY 2026 guidance at 1.170-1.210 EPS. Equities analysts predict that Curbline Properties Corp. will post 1 earnings per share for the current year.
Curbline Properties Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 18th will be given a dividend of $0.17 per share. This is a positive change from Curbline Properties's previous quarterly dividend of $0.16. The ex-dividend date is Wednesday, March 18th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.5%. Curbline Properties's payout ratio is presently 178.95%.
Analysts Set New Price Targets
CURB has been the subject of several recent analyst reports. Morgan Stanley increased their price objective on shares of Curbline Properties from $27.00 to $29.00 and gave the company an "overweight" rating in a report on Monday, January 5th. Truist Financial boosted their target price on Curbline Properties from $27.00 to $31.00 and gave the stock a "buy" rating in a report on Thursday, March 5th. Piper Sandler upped their target price on Curbline Properties from $30.00 to $32.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 17th. Citigroup raised Curbline Properties from a "neutral" rating to a "buy" rating and increased their price target for the company from $25.00 to $27.00 in a research note on Wednesday, November 19th. Finally, Wolfe Research upgraded Curbline Properties from a "peer perform" rating to an "outperform" rating and set a $26.00 price target on the stock in a research report on Monday, January 12th. Six analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $28.13.
View Our Latest Report on Curbline Properties
Institutional Investors Weigh In On Curbline Properties
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Rockefeller Capital Management L.P. boosted its position in shares of 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 purchasing an additional 654 shares in the last quarter. Parallel Advisors LLC raised its holdings in shares of Curbline Properties by 393.7% in the 3rd quarter. Parallel Advisors LLC now owns 2,039 shares of the company's stock worth $45,000 after purchasing an additional 1,626 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Curbline Properties by 33.5% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,768 shares of the company's stock worth $64,000 after purchasing an additional 694 shares in the last quarter. Federation des caisses Desjardins du Quebec lifted its stake in Curbline Properties by 25.9% during the fourth 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 last quarter. Finally, BNP Paribas Financial Markets lifted its stake in Curbline Properties by 28.5% during the second quarter. BNP Paribas Financial Markets now owns 9,437 shares of the company's stock valued at $215,000 after purchasing an additional 2,091 shares during the last quarter.
About Curbline Properties
(
Get 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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