Aew Capital Management L P Grows Stock Holdings in Curbline Properties Corp. $CURB

Key Points

• Aew Capital Management L P increased its stake in Curbline Properties Corp. by 29.4%, acquiring an additional 179,630 shares, bringing its total holdings to 790,257 shares valued at $19.1 million.
• Curbline Properties recently reported earnings of $0.26 per share, exceeding analysts' estimates and reflecting a 47% increase in revenue compared to the same quarter last year.
• Insider Conor Fennerty sold 28,000 shares of Curbline Properties stock, marking a 13.69% decrease in his ownership, which now stands at 176,560 shares valued at approximately $4 million.

Aew Capital Management L P raised its position in Curbline Properties Corp. (NYSE:CURB - Free Report) by 29.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 790,257 shares of the company's stock after acquiring an additional 179,630 shares during the quarter. Curbline Properties makes up 0.9% of Aew Capital Management L P's investment portfolio, making the stock its 29th largest position. Aew Capital Management L P owned 0.75% of Curbline Properties worth $19,116,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. GAMMA Investing LLC increased its position in shares of Curbline Properties by 91.1% during the first quarter. GAMMA Investing LLC now owns 2,425 shares of the company's stock valued at $59,000 after buying an additional 1,156 shares during the period. Fifth Third Bancorp boosted its stake in Curbline Properties by 215.9% during the first quarter. Fifth Third Bancorp now owns 2,123 shares of the company's stock worth $51,000 after acquiring an additional 1,451 shares in the last quarter. GF Fund Management CO. LTD. purchased a new stake in Curbline Properties in the fourth quarter worth about $40,000. KBC Group NV grew its holdings in Curbline Properties by 48.4% in the first quarter. KBC Group NV now owns 5,691 shares of the company's stock worth $138,000 after purchasing an additional 1,857 shares during the period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in Curbline Properties by 3.3% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 65,517 shares of the company's stock worth $1,585,000 after purchasing an additional 2,074 shares during the period.

Curbline Properties Trading Up 2.1%

Shares of CURB opened at $22.68 on Friday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 13.40 and a current ratio of 13.40. Curbline Properties Corp. has a fifty-two week low of $18.80 and a fifty-two week high of $25.69. The firm's 50-day simple moving average is $22.63 and its two-hundred day simple moving average is $23.18.

Curbline Properties (NYSE:CURB - Get Free Report) last announced its quarterly earnings data on Monday, July 28th. The company reported $0.26 earnings per share for the quarter, topping analysts' consensus estimates of $0.24 by $0.02. The business had revenue of $41.10 million for the quarter, compared to analysts' expectations of $37.67 million. Curbline Properties had a net margin of 11.74% and a return on equity of 1.01%. The business's revenue was up 47.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.19 earnings per share. Curbline Properties has set its FY 2025 guidance at 0.990-1.020 EPS. Sell-side analysts forecast that Curbline Properties Corp. will post 1 EPS for the current year.

Insider Buying and Selling at Curbline Properties

In other news, EVP Conor Fennerty sold 28,000 shares of the business's stock in a transaction that occurred on Friday, June 27th. The shares were sold at an average price of $22.81, for a total transaction of $638,680.00. Following the completion of the transaction, the executive vice president directly owned 176,560 shares of the company's stock, valued at $4,027,333.60. The trade was a 13.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 8.60% of the stock is owned by insiders.

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.

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