Teacher Retirement System of Texas Raises Holdings in Curbline Properties Corp. $CURB

Key Points

• Teacher Retirement System of Texas increased its stake in Curbline Properties by 29.4% in Q4 to 981,034 shares (about 0.93% of the company), adding roughly 223,027 shares valued at ~$22.8 million, and other institutions including Goldman Sachs and Jane Street also boosted or initiated positions.
• Wall Street sentiment has turned more positive with seven Buy and one Hold rating, multiple firms raising targets, and an average price target of $28.25 while the stock trades around $28.
• CEO David R. Lukes sold 83,663 shares in mid‑March (reducing his position by 14.17%), and the company recently raised its quarterly dividend to $0.17 ($0.68 annualized, ~2.4% yield).

Teacher Retirement System of Texas lifted its holdings in shares of Curbline Properties Corp. (NYSE:CURB - Free Report) by 29.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 981,034 shares of the company's stock after purchasing an additional 223,027 shares during the period. Teacher Retirement System of Texas owned about 0.93% of Curbline Properties worth $22,770,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of CURB. Royal Bank of Canada increased its stake in shares of Curbline Properties by 43.7% during the 1st quarter. Royal Bank of Canada now owns 17,595 shares of the company's stock worth $425,000 after purchasing an additional 5,351 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Curbline Properties by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 56,529 shares of the company's stock worth $1,367,000 after purchasing an additional 2,483 shares in the last quarter. Goldman Sachs Group Inc. increased its stake 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 in the last quarter. 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 stake in shares of Curbline Properties by 58.6% during the 1st quarter. Intech Investment Management LLC now owns 51,984 shares of the company's stock worth $1,257,000 after purchasing an additional 19,204 shares in the last quarter.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the stock. Morgan Stanley raised their price objective on shares of Curbline Properties from $29.00 to $30.00 and gave the stock an "overweight" rating in a research note on Thursday. Wolfe Research raised shares of Curbline Properties from a "peer perform" rating to an "outperform" rating and set a $26.00 price objective for the company in a research note on Monday, January 12th. Weiss Ratings raised shares of Curbline Properties from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Wednesday, March 25th. Truist Financial lifted their target price on shares of Curbline Properties from $27.00 to $31.00 and gave the stock a "buy" rating in a research note on Thursday, March 5th. Finally, KeyCorp lifted their target price on shares of Curbline Properties from $27.00 to $28.00 and gave the stock an "overweight" rating in a research note on Tuesday, February 10th. Seven analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Curbline Properties presently has an average rating of "Moderate Buy" and an average price target of $28.25.

Insider Buying and Selling at Curbline Properties

In other Curbline Properties news, CEO David R. Lukes sold 83,663 shares of Curbline Properties stock in a transaction on Monday, March 16th. The shares were sold at an average price of $26.83, for a total value of $2,244,678.29. Following the transaction, the chief executive officer owned 506,597 shares in the company, valued at $13,591,997.51. This trade represents a 14.17% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 8.70% of the stock is currently owned by company insiders.

Curbline Properties Stock Down 0.9%

CURB stock opened at $28.09 on Friday. The stock has a market capitalization of $2.96 billion, a P/E ratio of 73.92 and a beta of 0.48. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.14 and a current ratio of 1.14. Curbline Properties Corp. has a one year low of $21.62 and a one year high of $28.65. The company has a 50 day moving average price of $26.97 and a two-hundred day moving average price of $24.81.

Curbline Properties (NYSE:CURB - Get Free Report) last released its earnings results on Monday, February 9th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.18). The firm had revenue of $54.15 million during the quarter, compared to analysts' expectations of $52.15 million. Curbline Properties had a return on equity of 2.10% and a net margin of 21.78%.The firm's revenue was up 55.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.11 earnings per share. Curbline Properties has set its FY 2026 guidance at 1.170-1.210 EPS. As a group, sell-side analysts expect that Curbline Properties Corp. will post 1.2 EPS for the current year.

Curbline Properties Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 18th were paid a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend was Wednesday, March 18th. This is an increase from Curbline Properties's previous quarterly dividend of $0.16. Curbline Properties's dividend payout ratio is presently 178.95%.

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.

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