Hudson Bay Capital Management LP Has $1.99 Million Position in Curbline Properties Corp. $CURB

Hudson Bay Capital Management LP reduced its stake in shares of Curbline Properties Corp. (NYSE:CURB) by 89.4% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 89,196 shares of the company’s stock after selling 755,539 shares during the period. Hudson Bay Capital Management LP owned 0.08% of Curbline Properties worth $1,989,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. Parallel Advisors LLC lifted its stake in shares of Curbline Properties by 393.7% in the 3rd quarter. Parallel Advisors LLC now owns 2,039 shares of the company’s stock valued at $45,000 after purchasing an additional 1,626 shares during the last quarter. BNP Paribas Financial Markets boosted its holdings in Curbline Properties by 28.5% in the second quarter. BNP Paribas Financial Markets now owns 9,437 shares of the company’s stock worth $215,000 after purchasing an additional 2,091 shares in the last quarter. Tower Research Capital LLC TRC increased its position in Curbline Properties by 120.5% during the second quarter. Tower Research Capital LLC TRC now owns 9,639 shares of the company’s stock worth $220,000 after buying an additional 5,268 shares during the last quarter. Rockefeller Capital Management L.P. bought a new position in Curbline Properties during the second quarter valued at about $237,000. Finally, CIBC Bancorp USA Inc. acquired a new stake in shares of Curbline Properties in the third quarter worth about $232,000.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Morgan Stanley increased their price objective on Curbline Properties from $27.00 to $29.00 and gave the company an “overweight” rating in a report on Monday, January 5th. UBS Group set a $27.00 target price on Curbline Properties in a research report on Thursday, December 4th. Truist Financial increased their price target on Curbline Properties from $27.00 to $31.00 and gave the company a “buy” rating in a report on Thursday, March 5th. Piper Sandler lifted their price target on shares of Curbline Properties from $30.00 to $32.00 and gave the company an “overweight” rating in a research report on Tuesday, February 17th. Finally, Wolfe Research upgraded shares of Curbline Properties from a “peer perform” rating to an “outperform” rating and set a $26.00 price objective for the company in a research note on Monday, January 12th. Six analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $28.13.

Insider Buying and Selling at Curbline Properties

In other news, CEO David R. Lukes sold 83,663 shares of the stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $26.83, for a total value of $2,244,678.29. Following the completion of the transaction, the chief executive officer directly owned 506,597 shares of the company’s stock, valued at approximately $13,591,997.51. This represents a 14.17% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 8.60% of the company’s stock.

Curbline Properties Stock Performance

NYSE:CURB opened at $25.43 on Monday. The firm’s 50-day moving average is $25.86 and its 200-day moving average is $24.11. The company has a market cap of $2.68 billion, a price-to-earnings ratio of 66.91 and a beta of 0.26. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.14 and a current ratio of 1.14. Curbline Properties Corp. has a 52-week low of $20.91 and a 52-week high of $28.65.

Curbline Properties (NYSE:CURB) last released its earnings results 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). The company had revenue of $54.15 million during 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 quarterly revenue was up 55.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.11 EPS. Curbline Properties has set its FY 2026 guidance at 1.170-1.210 EPS. Equities research analysts anticipate that Curbline Properties Corp. will post 1 earnings per share for the current year.

Curbline Properties Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Wednesday, March 18th will be paid a $0.17 dividend. The ex-dividend date is Wednesday, March 18th. This represents a $0.68 annualized dividend and a dividend yield of 2.7%. This is an increase from Curbline Properties’s previous quarterly dividend of $0.16. Curbline Properties’s dividend payout ratio is currently 178.95%.

Curbline Properties Company 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.