SG Americas Securities LLC grew its stake in shares of Curbline Properties Corp. (NYSE:CURB – Free Report) by 2,226.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 454,044 shares of the company’s stock after buying an additional 434,526 shares during the quarter. SG Americas Securities LLC owned about 0.43% of Curbline Properties worth $10,538,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors also recently made changes to their positions in the company. Royal Bank of Canada increased its stake in shares of Curbline Properties by 43.7% during the first quarter. Royal Bank of Canada now owns 17,595 shares of the company’s stock valued at $425,000 after acquiring an additional 5,351 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Curbline Properties by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 56,529 shares of the company’s stock worth $1,367,000 after purchasing an additional 2,483 shares during the period. Goldman Sachs Group Inc. lifted its position in Curbline Properties by 11.9% in the first quarter. Goldman Sachs Group Inc. now owns 727,420 shares of the company’s stock worth $17,596,000 after purchasing an additional 77,322 shares during the period. Jane Street Group LLC bought a new position in Curbline Properties during the 1st quarter valued at $4,025,000. Finally, Intech Investment Management LLC boosted its stake in Curbline Properties by 58.6% during the 1st quarter. Intech Investment Management LLC now owns 51,984 shares of the company’s stock valued at $1,257,000 after purchasing an additional 19,204 shares in the last quarter.
Insider Buying and Selling at Curbline Properties
In related news, CEO David R. Lukes sold 83,663 shares of Curbline Properties stock in a transaction dated 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 transaction, the chief executive officer owned 506,597 shares of the company’s stock, valued at approximately $13,591,997.51. This trade represents a 14.17% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 8.60% of the stock is owned by company insiders.
Analyst Upgrades and Downgrades
Get Our Latest Stock Analysis on Curbline Properties
Curbline Properties Trading Up 0.1%
Curbline Properties stock opened at $25.63 on Monday. The firm has a market cap of $2.71 billion, a price-to-earnings ratio of 67.45 and a beta of 0.27. Curbline Properties Corp. has a 1 year low of $20.91 and a 1 year high of $28.65. The firm’s 50 day moving average price is $26.02 and its two-hundred day moving average price is $24.22. 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 (NYSE:CURB – Get Free Report) last announced its quarterly earnings data on Monday, February 9th. The company reported $0.09 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 analyst estimates of $52.15 million. Curbline Properties had a net margin of 21.78% and a return on equity of 2.10%. Curbline Properties’s revenue was up 55.2% on a year-over-year basis. During the same quarter last year, the company posted $0.11 EPS. Curbline Properties has set its FY 2026 guidance at 1.170-1.210 EPS. On average, research analysts predict that Curbline Properties Corp. will post 1 EPS for the current fiscal year.
Curbline Properties Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Wednesday, March 18th will be issued a dividend of $0.17 per share. This is a positive change from Curbline Properties’s previous quarterly dividend of $0.16. This represents a $0.68 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Wednesday, March 18th. Curbline Properties’s dividend payout ratio (DPR) is currently 178.95%.
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.
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