HighTower Advisors LLC Buys 12,609 Shares of Curbline Properties Corp. $CURB

Key Points

• HighTower Advisors LLC increased its stake in Curbline Properties Corp. by 66.0%, owning 31,712 shares valued at approximately $767,000 after purchasing an additional 12,609 shares.
• Curbline Properties reported a 47.0% increase in revenue year-over-year, totaling $41.10 million, and earnings per share of $0.26, surpassing analysts' expectations.
• The company has set its FY 2025 earnings guidance at $0.990-1.020 EPS, while analysts project 1 EPS for the current year.

HighTower Advisors LLC lifted its stake in shares of Curbline Properties Corp. (NYSE:CURB - Free Report) by 66.0% in the first quarter, according to its most recent filing with the SEC. The fund owned 31,712 shares of the company's stock after acquiring an additional 12,609 shares during the period. HighTower Advisors LLC's holdings in Curbline Properties were worth $767,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in CURB. Renaissance Technologies LLC purchased a new position in Curbline Properties in the 4th quarter worth $232,000. First Trust Advisors LP purchased a new position in Curbline Properties in the 4th quarter worth $419,000. Dimensional Fund Advisors LP purchased a new position in Curbline Properties in the 4th quarter worth $31,425,000. MetLife Investment Management LLC purchased a new position in Curbline Properties in the 4th quarter worth $1,415,000. Finally, State of Tennessee Department of Treasury purchased a new position in Curbline Properties in the 4th quarter worth $972,000.

Insider Buying and Selling

In other Curbline Properties news, EVP Conor Fennerty sold 28,000 shares of the business's stock in a transaction dated Friday, June 27th. The shares were sold at an average price of $22.81, for a total value of $638,680.00. Following the transaction, the executive vice president owned 176,560 shares in the company, valued at approximately $4,027,333.60. The trade was a 13.69% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 8.60% of the stock is currently owned by insiders.

Curbline Properties Stock Up 0.2%

NYSE:CURB traded up $0.04 during trading hours on Wednesday, reaching $22.26. The company's stock had a trading volume of 616,921 shares, compared to its average volume of 586,174. The firm has a 50-day simple moving average of $22.58 and a 200-day simple moving average of $23.06. Curbline Properties Corp. has a 1 year low of $18.80 and a 1 year high of $25.69. The company has a debt-to-equity ratio of 0.05, a current ratio of 13.40 and a quick ratio of 13.40.

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

Curbline Properties Company 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.