IFM Investors Pty Ltd Lowers Stake in Curbline Properties Corp. $CURB

IFM Investors Pty Ltd lessened its position in shares of Curbline Properties Corp. (NYSE:CURB) by 12.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 19,075 shares of the company’s stock after selling 2,837 shares during the period. IFM Investors Pty Ltd’s holdings in Curbline Properties were worth $461,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in CURB. Ameriprise Financial Inc. purchased a new stake in Curbline Properties during the fourth quarter valued at about $5,104,000. BNP Paribas Financial Markets purchased a new stake in Curbline Properties during the fourth quarter valued at about $280,000. Bank of America Corp DE purchased a new stake in Curbline Properties during the fourth quarter valued at about $3,612,000. Deutsche Bank AG grew its position in Curbline Properties by 508.6% during the fourth quarter. Deutsche Bank AG now owns 116,381 shares of the company’s stock valued at $2,702,000 after acquiring an additional 97,259 shares during the period. Finally, D. E. Shaw & Co. Inc. purchased a new stake in Curbline Properties during the fourth quarter valued at about $541,000.

Analysts Set New Price Targets

Separately, LADENBURG THALM/SH SH started coverage on Curbline Properties in a research report on Tuesday, September 9th. They set a “neutral” rating and a $25.00 price target for the company. Three equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, Curbline Properties presently has an average rating of “Hold” and an average target price of $25.59.

Insider Buying and Selling

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

Curbline Properties Trading Down 1.6%

Shares of NYSE CURB opened at $22.50 on Friday. Curbline Properties Corp. has a 1-year low of $18.80 and a 1-year high of $25.69. The business has a 50-day moving average of $22.55 and a 200-day moving average of $22.95. 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 (NYSE:CURB) last issued its earnings results on Monday, July 28th. The company reported $0.26 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $37.67 million. During the same quarter in the prior year, the business earned $0.19 earnings per share. The company’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, equities analysts anticipate that Curbline Properties Corp. will post 1 EPS 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.