Aew Capital Management L P Raises Stock Position in Curbline Properties Corp. $CURB

Aew Capital Management L P lifted its holdings in shares of Curbline Properties Corp. (NYSE:CURB) by 111.2% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,547,924 shares of the company’s stock after purchasing an additional 815,060 shares during the quarter. Curbline Properties comprises about 1.9% of Aew Capital Management L P’s holdings, making the stock its 16th biggest holding. Aew Capital Management L P owned about 1.47% of Curbline Properties worth $34,519,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in CURB. State of New Jersey Common Pension Fund D increased its stake in Curbline Properties by 7.3% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 165,727 shares of the company’s stock worth $3,696,000 after buying an additional 11,268 shares during the period. Aberdeen Group plc boosted its position in Curbline Properties by 5.2% in the 3rd quarter. Aberdeen Group plc now owns 684,585 shares of the company’s stock valued at $15,348,000 after buying an additional 34,097 shares during the period. Metis Global Partners LLC increased its position in shares of Curbline Properties by 36.5% during the third quarter. Metis Global Partners LLC now owns 21,354 shares of the company’s stock worth $476,000 after acquiring an additional 5,711 shares during the period. Public Sector Pension Investment Board increased its position in shares of Curbline Properties by 17.0% during the third quarter. Public Sector Pension Investment Board now owns 377,582 shares of the company’s stock worth $8,420,000 after acquiring an additional 54,768 shares during the period. Finally, Envestnet Asset Management Inc. raised its stake in shares of Curbline Properties by 149.9% in the third quarter. Envestnet Asset Management Inc. now owns 30,265 shares of the company’s stock valued at $675,000 after acquiring an additional 18,155 shares in the last quarter.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on CURB shares. KeyCorp boosted their target price on Curbline Properties from $27.00 to $28.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 10th. Wolfe Research raised Curbline Properties from a “peer perform” rating to an “outperform” rating and set a $26.00 price objective for the company in a research report on Monday, January 12th. Piper Sandler raised their target price on shares of Curbline Properties from $30.00 to $32.00 and gave the company an “overweight” rating in a report on Tuesday, February 17th. UBS Group set a $27.00 price target on shares of Curbline Properties in a research note on Thursday, December 4th. Finally, 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 research report on Monday, January 5th. Seven analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $27.63.

Curbline Properties Stock Performance

Shares of Curbline Properties stock opened at $27.64 on Wednesday. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.09. Curbline Properties Corp. has a 52 week low of $20.91 and a 52 week high of $28.00. The firm’s 50 day moving average is $24.44 and its two-hundred day moving average is $23.50. The firm has a market capitalization of $2.91 billion, a P/E ratio of 72.74 and a beta of 0.48.

Curbline Properties (NYSE:CURB) last issued its quarterly earnings data on Monday, February 9th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.18). Curbline Properties had a return on equity of 2.10% and a net margin of 21.78%.The company had revenue of $54.15 million for the quarter, compared to analysts’ expectations of $52.15 million. During the same quarter in the prior year, the firm posted $0.11 EPS. The firm’s quarterly revenue was up 55.2% compared to the same quarter last year. Curbline Properties has set its FY 2026 guidance at 1.170-1.210 EPS. Research analysts forecast that Curbline Properties Corp. will post 1 EPS for the current fiscal year.

Curbline Properties Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Wednesday, March 18th will be given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.5%. This is an increase from Curbline Properties’s previous quarterly dividend of $0.16. The ex-dividend date is Wednesday, March 18th. Curbline Properties’s payout ratio is presently 168.42%.

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.