Curbline Properties Corp. $CURB Shares Purchased by Aberdeen Group plc

Key Points

• Aberdeen Group plc has increased its stake in Curbline Properties Corp. by 8.5%, acquiring an additional 58,213 shares to reach a total of 746,891 shares, valued at approximately $18 million.
• Curbline Properties reported a quarterly earnings per share (EPS) of $0.26, beating estimates, with revenue rising by 47.0% year-over-year to $41.1 million.
• The stock price of Curbline Properties is currently down 1.7%, trading at $22.06, having a 1-year low of $18.80 and a high of $25.69.

Aberdeen Group plc grew its stake in Curbline Properties Corp. (NYSE:CURB - Free Report) by 8.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 746,891 shares of the company's stock after acquiring an additional 58,213 shares during the quarter. Aberdeen Group plc owned about 0.71% of Curbline Properties worth $18,067,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. TCW Group Inc. increased its holdings in shares of Curbline Properties by 5.4% in the 1st quarter. TCW Group Inc. now owns 127,199 shares of the company's stock valued at $3,077,000 after acquiring an additional 6,499 shares during the period. Invesco Ltd. purchased a new position in Curbline Properties during the 4th quarter worth $10,183,000. GAMMA Investing LLC grew its stake in Curbline Properties by 4,522.6% during the 1st quarter. GAMMA Investing LLC now owns 58,661 shares of the company's stock worth $1,419,000 after buying an additional 57,392 shares during the last quarter. Diamond Hill Capital Management Inc. grew its stake in Curbline Properties by 85.7% during the 1st quarter. Diamond Hill Capital Management Inc. now owns 152,242 shares of the company's stock worth $3,683,000 after buying an additional 70,276 shares during the last quarter. Finally, Deutsche Bank AG grew its stake in Curbline Properties by 508.6% during the 4th quarter. Deutsche Bank AG now owns 116,381 shares of the company's stock worth $2,702,000 after buying an additional 97,259 shares during the last quarter.

Curbline Properties Stock Up 2.1%

CURB stock traded up $0.46 on Friday, hitting $22.68. 914,674 shares of the company's stock were exchanged, compared to its average volume of 662,716. Curbline Properties Corp. has a 12-month low of $18.80 and a 12-month high of $25.69. The firm has a 50 day moving average price of $22.63 and a two-hundred day moving average price of $23.17. 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 (NYSE:CURB - Get Free Report) last announced its earnings results on Monday, July 28th. The company reported $0.26 earnings per share for the quarter, topping the consensus estimate 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 the consensus estimate of $37.67 million. During the same period in the previous year, the business earned $0.19 EPS. The firm's revenue for the quarter was up 47.0% on a year-over-year basis. Curbline Properties has set its FY 2025 guidance at 0.990-1.020 EPS. Analysts forecast that Curbline Properties Corp. will post 1 EPS for the current 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 transaction of $638,680.00. Following the transaction, 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 8.60% of the stock is currently owned by company 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.