Invesco Ltd. Has $9.72 Million Stake in Curbline Properties Corp. $CURB

Invesco Ltd. cut its position in shares of Curbline Properties Corp. (NYSE:CURB) by 8.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 401,880 shares of the company’s stock after selling 36,659 shares during the quarter. Invesco Ltd. owned 0.38% of Curbline Properties worth $9,721,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wells Fargo & Company MN acquired a new position in shares of Curbline Properties during the 4th quarter worth about $1,316,000. Renaissance Technologies LLC acquired a new stake in shares of Curbline Properties in the fourth quarter valued at about $232,000. Barclays PLC acquired a new stake in Curbline Properties in the 4th quarter valued at about $4,039,000. Marshall Wace LLP acquired a new stake in Curbline Properties in the 4th quarter valued at about $1,087,000. Finally, First Trust Advisors LP acquired a new stake in Curbline Properties in the 4th quarter valued at about $419,000.

Insider Activity

In related news, EVP Conor Fennerty sold 28,000 shares of Curbline Properties stock in a transaction dated Friday, June 27th. The shares were sold at an average price of $22.81, for a total transaction of $638,680.00. Following the completion of the transaction, the executive vice president directly owned 176,560 shares of the company’s stock, valued at $4,027,333.60. This trade represents a 13.69% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 8.60% of the stock is owned by corporate insiders.

Curbline Properties Trading Up 2.1%

Shares of Curbline Properties stock opened at $22.68 on Monday. The company has a current ratio of 13.40, a quick ratio of 13.40 and a debt-to-equity ratio of 0.05. Curbline Properties Corp. has a twelve month low of $18.80 and a twelve month high of $25.69. The company has a 50-day simple moving average of $22.63 and a two-hundred day simple moving average of $23.16.

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

About Curbline Properties

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.