Caxton Associates LLP Makes New Investment in Curbline Properties Corp. $CURB

Key Points

• Caxton Associates LLP has acquired a new position in Curbline Properties Corp. (NYSE: CURB), purchasing 16,542 shares valued at approximately $400,000.
• Curbline Properties reported a 47.0% increase in quarterly revenue year-over-year, totaling $41.10 million, and exceeded analysts' EPS estimates by $0.02.
• Wall Street analysts have set a consensus target price of $25.59 for Curbline Properties, with several firms issuing a "neutral" rating recently.

Caxton Associates LLP acquired a new position in Curbline Properties Corp. (NYSE:CURB - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 16,542 shares of the company's stock, valued at approximately $400,000.

Several other hedge funds and other institutional investors have also bought and sold shares of CURB. GF Fund Management CO. LTD. purchased a new position in Curbline Properties in the fourth quarter worth $40,000. Smartleaf Asset Management LLC boosted its position in Curbline Properties by 37.8% in the first quarter. Smartleaf Asset Management LLC now owns 1,849 shares of the company's stock worth $44,000 after purchasing an additional 507 shares during the last quarter. Fifth Third Bancorp boosted its position in Curbline Properties by 215.9% in the first quarter. Fifth Third Bancorp now owns 2,123 shares of the company's stock worth $51,000 after purchasing an additional 1,451 shares during the last quarter. State of Wyoming purchased a new position in Curbline Properties in the first quarter worth $54,000. Finally, GAMMA Investing LLC boosted its position in Curbline Properties by 91.1% in the first quarter. GAMMA Investing LLC now owns 2,425 shares of the company's stock worth $59,000 after purchasing an additional 1,156 shares during the last quarter.

Curbline Properties Stock Performance

Shares of NYSE CURB opened at $22.50 on Friday. Curbline Properties Corp. has a one year low of $18.80 and a one year high of $25.69. The company has a quick ratio of 13.40, a current ratio of 13.40 and a debt-to-equity ratio of 0.05. The business's fifty day moving average price is $22.55 and its 200-day moving average price is $22.96.

Curbline Properties (NYSE:CURB - Get Free Report) last issued its quarterly earnings results on Monday, July 28th. The company reported $0.26 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 firm had revenue of $41.10 million for the quarter, compared to analysts' expectations of $37.67 million. During the same quarter in the prior year, the firm earned $0.19 EPS. The business's revenue for the quarter was up 47.0% compared to the same quarter last year. Curbline Properties has set its FY 2025 guidance at 0.990-1.020 EPS. On average, research analysts anticipate that Curbline Properties Corp. will post 1 EPS for the current year.

Insider Activity at Curbline Properties

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

Wall Street Analysts Forecast Growth

Separately, LADENBURG THALM/SH SH began coverage on Curbline Properties in a research report on Tuesday. They issued a "neutral" rating and a $25.00 price objective on the stock. Three equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $25.59.

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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