Curbline Properties Corp. $CURB Holdings Trimmed by Citigroup Inc.

Citigroup Inc. reduced its position in shares of Curbline Properties Corp. (NYSE:CURB) by 41.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 89,643 shares of the company’s stock after selling 64,240 shares during the quarter. Citigroup Inc. owned 0.09% of Curbline Properties worth $1,999,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. State of New Jersey Common Pension Fund D boosted its position in shares of Curbline Properties by 7.3% in the third 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 raised its position in Curbline Properties by 5.2% during the third 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 lifted its stake in Curbline Properties by 36.5% in the 3rd 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 in the last quarter. Public Sector Pension Investment Board lifted its stake in Curbline Properties by 17.0% in the 3rd 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 in the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in Curbline Properties by 149.9% during the 3rd quarter. Envestnet Asset Management Inc. now owns 30,265 shares of the company’s stock worth $675,000 after acquiring an additional 18,155 shares during the period.

Curbline Properties Stock Performance

NYSE:CURB opened at $27.37 on Monday. Curbline Properties Corp. has a 12-month low of $20.91 and a 12-month high of $28.65. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.09. The firm has a market capitalization of $2.88 billion, a PE ratio of 72.03 and a beta of 0.27. The firm has a 50-day moving average price of $25.22 and a 200 day moving average price of $23.82.

Curbline Properties (NYSE:CURB) last issued its quarterly earnings data on Monday, February 9th. The company reported $0.09 earnings per share (EPS) 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%. The firm’s revenue was up 55.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.11 earnings per share. Curbline Properties has set its FY 2026 guidance at 1.170-1.210 EPS. Research analysts anticipate that Curbline Properties Corp. will post 1 earnings per share for the current fiscal year.

Curbline Properties Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Wednesday, March 18th will be issued a $0.17 dividend. This is a positive change from Curbline Properties’s previous quarterly dividend of $0.16. This represents a $0.68 annualized dividend and a yield of 2.5%. The ex-dividend date is Wednesday, March 18th. Curbline Properties’s dividend payout ratio (DPR) is 178.95%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on CURB shares. Wolfe Research upgraded shares of Curbline Properties from a “peer perform” rating to an “outperform” rating and set a $26.00 price target on the stock in a report on Monday, January 12th. Citigroup raised Curbline Properties from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $25.00 to $27.00 in a research report on Wednesday, November 19th. Weiss Ratings upgraded Curbline Properties from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, February 23rd. UBS Group set a $27.00 target price on Curbline Properties in a research report on Thursday, December 4th. Finally, Morgan Stanley raised 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 given a Hold rating to the company’s stock. According to MarketBeat, Curbline Properties presently has an average rating of “Moderate Buy” and an average price target of $28.13.

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.