Deutsche Bank AG Lowers Position in Curbline Properties Corp. $CURB

Deutsche Bank AG lowered its position in Curbline Properties Corp. (NYSE:CURB) by 1.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 114,346 shares of the company’s stock after selling 2,035 shares during the quarter. Deutsche Bank AG owned approximately 0.11% of Curbline Properties worth $2,766,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of CURB. GF Fund Management CO. LTD. purchased a new position in shares of Curbline Properties during the fourth quarter valued at approximately $40,000. Fifth Third Bancorp increased its stake in shares of Curbline Properties by 215.9% during the first quarter. Fifth Third Bancorp now owns 2,123 shares of the company’s stock valued at $51,000 after buying an additional 1,451 shares during the period. GAMMA Investing LLC increased its stake in shares of Curbline Properties by 91.1% during the first quarter. GAMMA Investing LLC now owns 2,425 shares of the company’s stock valued at $59,000 after buying an additional 1,156 shares during the period. Sterling Capital Management LLC purchased a new position in shares of Curbline Properties during the fourth quarter valued at approximately $69,000. Finally, Russell Investments Group Ltd. purchased a new position in shares of Curbline Properties during the fourth quarter valued at approximately $130,000.

Insider Buying and Selling at Curbline Properties

In related news, EVP Conor Fennerty sold 28,000 shares of the company’s stock in a transaction on Friday, June 27th. The stock was sold at an average price of $22.81, for a total transaction of $638,680.00. Following the completion of the sale, the executive vice president directly owned 176,560 shares in the company, valued at $4,027,333.60. This represents a 13.69% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Corporate insiders own 8.60% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Morgan Stanley decreased their price objective on Curbline Properties from $27.00 to $26.00 and set an “equal weight” rating for the company in a report on Thursday, April 24th. Three research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, Curbline Properties has an average rating of “Hold” and an average target price of $25.68.

Curbline Properties Stock Up 1.2%

Shares of NYSE:CURB opened at $22.3060 on Wednesday. The company has a quick ratio of 13.40, a current ratio of 13.40 and a debt-to-equity ratio of 0.05. Curbline Properties Corp. has a 1 year low of $18.80 and a 1 year high of $25.69. The stock’s fifty day moving average price is $22.65 and its 200-day moving average price is $23.22.

Curbline Properties (NYSE:CURB) last posted its quarterly earnings results on Monday, July 28th. The company reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.02. Curbline Properties had a return on equity of 1.01% and a net margin of 11.74%.The company had revenue of $41.10 million for the quarter, compared to analysts’ expectations of $37.67 million. During the same period in the previous year, the firm earned $0.19 EPS. The firm’s revenue was up 47.0% compared to the same quarter last year. Curbline Properties has set its FY 2025 guidance at 0.990-1.020 EPS. As a group, research analysts anticipate that Curbline Properties Corp. will post 1 earnings per share for the current year.

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.