Bamco Inc. NY Makes New Investment in Curbline Properties Corp. $CURB

Bamco Inc. NY bought a new position in shares of Curbline Properties Corp. (NYSE:CURB - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 189,643 shares of the company's stock, valued at approximately $5,765,000. Bamco Inc. NY owned about 0.16% of Curbline Properties as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in CURB. Royal Bank of Canada grew its stake in shares of Curbline Properties by 43.7% in the 1st quarter. Royal Bank of Canada now owns 17,595 shares of the company's stock valued at $425,000 after buying an additional 5,351 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Curbline Properties by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 56,529 shares of the company's stock worth $1,367,000 after acquiring an additional 2,483 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Curbline Properties by 11.9% during the 1st 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 purchased a new position in shares of Curbline Properties during the 1st quarter worth approximately $4,025,000. Finally, Intech Investment Management LLC increased its holdings in Curbline Properties by 58.6% in 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 during the last quarter.

Insiders Place Their Bets

In other Curbline Properties news, Director Alexander Otto sold 174,293 shares of the company's stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $30.12, for a total value of $5,249,705.16. Following the sale, the director owned 7,057,394 shares of the company's stock, valued at $212,568,707.28. This represents a 2.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Conor Fennerty sold 55,105 shares of the company's stock in a transaction dated Thursday, July 30th. The shares were sold at an average price of $30.38, for a total transaction of $1,674,089.90. Following the completion of the sale, the executive vice president directly owned 153,909 shares in the company, valued at $4,675,755.42. This trade represents a 26.36% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 1,078,639 shares of company stock valued at $32,478,760. Company insiders own 8.70% of the company's stock.

Curbline Properties News Roundup

Here are the key news stories impacting Curbline Properties this week:

• Positive Sentiment: Piper Sandler maintained an “overweight” rating while trimming its price target from $40 to $39. The new target still implies approximately 30% upside from the referenced $29.90 share price. Piper Sandler price target update
• Positive Sentiment: Jefferies initiated coverage with a “buy” rating and a $36 price target, implying roughly 20% upside. New analyst coverage can improve visibility and reinforce the investment case. Jefferies coverage initiation
• Positive Sentiment: Curbline was upgraded to Zacks Rank #2 (Buy), reflecting greater optimism about its earnings outlook. The company’s latest reported quarter also showed revenue growth of 52.9% year over year and earnings well above consensus. Zacks Curbline rating upgrade
• Neutral Sentiment: Brokerage data places Curbline’s average price target at $31.11, modestly above the referenced trading level, indicating some potential upside but less bullishness than the newest individual analyst targets. Curbline average price target
• Negative Sentiment: Director Alexander Otto sold 134,868 shares for approximately $4.07 million on August 26, following a sale of 174,293 shares worth about $5.25 million on August 25. The combined sale of 309,161 shares reduced his holdings by roughly 4.3%, although he still owns about 6.9 million shares. SEC insider ownership filing

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on CURB. Citigroup upped their target price on shares of Curbline Properties from $33.00 to $36.00 and gave the stock a "buy" rating in a research note on Monday, August 3rd. KeyCorp raised their target price on Curbline Properties from $32.00 to $34.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 29th. Piper Sandler reduced their price target on shares of Curbline Properties from $40.00 to $39.00 and set an "overweight" rating for the company in a research report on Thursday. Jefferies Financial Group started coverage on Curbline Properties in a research report on Tuesday. They set a "buy" rating and a $36.00 target price on the stock. Finally, JPMorgan Chase & Co. boosted their target price on Curbline Properties from $30.00 to $31.00 and gave the company an "overweight" rating in a report on Monday, May 4th. Seven analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $31.50.

Curbline Properties Price Performance

Shares of CURB opened at $29.90 on Friday. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.17. Curbline Properties Corp. has a twelve month low of $21.93 and a twelve month high of $32.15. The firm has a market capitalization of $3.44 billion, a PE ratio of 110.75 and a beta of 0.51. The stock's 50 day moving average is $30.47 and its two-hundred day moving average is $28.61.

Curbline Properties (NYSE:CURB - Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $0.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.04 by $0.27. The business had revenue of $63.30 million during the quarter, compared to the consensus estimate of $57.25 million. Curbline Properties had a net margin of 13.10% and a return on equity of 1.50%. The business's revenue was up 52.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.26 EPS. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. Research analysts anticipate that Curbline Properties Corp. will post 1.26 earnings per share for the current year.

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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