APG Asset Management US Inc. Sells 104,945 Shares of Curbline Properties Corp. $CURB

Key Points

• APG Asset Management US Inc. reduced its stake in Curbline Properties Corp. by 16%, selling 104,945 shares, and now holds approximately 549,403 shares worth $13.57 million.
• Curbline Properties reported earnings per share of $0.26 for the last quarter, exceeding analyst expectations of $0.24, with a revenue increase of 47% year-over-year to $41.10 million.
• The company's stock price increased by 2.1% recently, with shares opening at $22.68, and it has a debt-to-equity ratio of 0.05.

APG Asset Management US Inc. lessened its position in shares of Curbline Properties Corp. (NYSE:CURB - Free Report) by 16.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 549,403 shares of the company's stock after selling 104,945 shares during the quarter. APG Asset Management US Inc. owned about 0.52% of Curbline Properties worth $13,565,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in CURB. GF Fund Management CO. LTD. bought a new stake in shares of Curbline Properties in the 4th quarter valued at about $40,000. Fifth Third Bancorp raised its holdings in shares of Curbline Properties by 215.9% in the first quarter. Fifth Third Bancorp now owns 2,123 shares of the company's stock valued at $51,000 after purchasing an additional 1,451 shares during the last quarter. GAMMA Investing LLC boosted its stake in shares of Curbline Properties by 91.1% during the 1st quarter. GAMMA Investing LLC now owns 2,425 shares of the company's stock worth $59,000 after buying an additional 1,156 shares during the last quarter. Russell Investments Group Ltd. acquired a new position in Curbline Properties during the fourth quarter valued at approximately $130,000. Finally, KBC Group NV grew its stake in shares of Curbline Properties by 48.4% in the first quarter. KBC Group NV now owns 5,691 shares of the company's stock valued at $138,000 after buying an additional 1,857 shares in the last quarter.

Curbline Properties Stock Up 2.1%

Shares of CURB stock opened at $22.68 on Friday. The firm's 50-day moving average is $22.63 and its 200-day moving average is $23.18. The company has a quick ratio of 13.40, a current ratio of 13.40 and a debt-to-equity ratio of 0.05. Curbline Properties Corp. has a 52-week low of $18.80 and a 52-week high of $25.69.

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

Insiders Place Their Bets

In related news, EVP Conor Fennerty sold 28,000 shares of the business's stock in a transaction on Friday, June 27th. The stock was sold at an average price of $22.81, for a total value of $638,680.00. Following the completion of the sale, the executive vice president directly owned 176,560 shares in the company, valued at $4,027,333.60. The trade was a 13.69% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 8.60% of the company's stock.

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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