BlackRock Inc. Purchases New Shares in Curbline Properties Corp. $CURB

Key Points

• BlackRock acquired 17.48 million shares of Curbline Properties in the second quarter, worth approximately $531.3 million, giving it a 15.19% ownership stake.
• Curbline reported quarterly EPS of $0.31, well above the $0.04 consensus estimate, while revenue rose 52.9% year over year to $63.3 million. The company reaffirmed fiscal 2026 EPS guidance of $1.24–$1.26.
• Analysts maintain a generally positive view, with a “Moderate Buy” consensus and an average price target of $31.11; shares recently opened at $29.77. Insiders, however, sold 769,478 shares worth $23.2 million during the last quarter.

BlackRock Inc. purchased a new position in shares of Curbline Properties Corp. (NYSE:CURB - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 17,478,234 shares of the company's stock, valued at approximately $531,338,000. BlackRock Inc. owned 15.19% of Curbline Properties at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. T. Rowe Price Investment Management Inc. increased its position in Curbline Properties by 21.6% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 13,342,821 shares of the company's stock valued at $309,687,000 after acquiring an additional 2,365,894 shares during the period. State Street Corp lifted its position in Curbline Properties by 1.9% during the 2nd quarter. State Street Corp now owns 5,515,437 shares of the company's stock worth $126,772,000 after acquiring an additional 101,813 shares during the period. Principal Financial Group Inc. grew its stake in shares of Curbline Properties by 110.3% in the 1st quarter. Principal Financial Group Inc. now owns 5,176,015 shares of the company's stock valued at $133,489,000 after purchasing an additional 2,714,859 shares during the last quarter. Daiwa Securities Group Inc. increased its holdings in shares of Curbline Properties by 25.4% in the third quarter. Daiwa Securities Group Inc. now owns 2,778,716 shares of the company's stock valued at $61,966,000 after purchasing an additional 562,642 shares during the period. Finally, Geode Capital Management LLC increased its holdings in shares of Curbline Properties by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 2,516,893 shares of the company's stock valued at $58,426,000 after purchasing an additional 22,731 shares during the period.

Curbline Properties Stock Up 1.3%

Shares of NYSE CURB opened at $29.77 on Tuesday. The firm's 50-day moving average is $30.48 and its two-hundred day moving average is $28.51. The company has a market capitalization of $3.42 billion, a PE ratio of 110.24 and a beta of 0.51. Curbline Properties Corp. has a 12-month low of $21.93 and a 12-month high of $32.15. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.63 and a quick ratio of 0.63.

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

Wall Street Analyst Weigh In

A number of research firms recently weighed in on CURB. Wall Street Zen upgraded shares of Curbline Properties from a "strong sell" rating to a "sell" rating in a research report on Saturday, August 1st. JPMorgan Chase & Co. lifted their target price on shares of Curbline Properties from $30.00 to $31.00 and gave the company an "overweight" rating in a report on Monday, May 4th. Citigroup increased their price target on shares of Curbline Properties from $33.00 to $36.00 and gave the stock a "buy" rating in a report on Monday, August 3rd. KeyCorp lifted their price target on Curbline Properties from $32.00 to $34.00 and gave the company an "overweight" rating in a research note on Wednesday, July 29th. Finally, Wolfe Research downgraded shares of Curbline Properties from an "outperform" rating to a "peer perform" rating in a report on Monday, June 15th. Six equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $31.11.

Insider Activity

In other news, Director Alexander Otto sold 1,206 shares of the company's stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $30.10, for a total value of $36,300.60. Following the sale, the director directly owned 7,231,687 shares in the company, valued at $217,673,778.70. This represents a 0.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold 769,478 shares of company stock valued at $23,160,087 in the last quarter. 8.70% of the stock is owned by corporate insiders.

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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