VIRGINIA RETIREMENT SYSTEMS ET Al Takes $2.33 Million Position in Curbline Properties Corp. $CURB

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of Curbline Properties Corp. (NYSE:CURB - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 76,555 shares of the company's stock, valued at approximately $2,327,000. VIRGINIA RETIREMENT SYSTEMS ET Al owned approximately 0.07% of Curbline Properties at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Rockefeller Capital Management L.P. grew its position in Curbline Properties by 125.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,176 shares of the company's stock worth $27,000 after purchasing an additional 654 shares in the last quarter. Parallel Advisors LLC lifted its position in shares of Curbline Properties by 393.7% during the 3rd quarter. Parallel Advisors LLC now owns 2,039 shares of the company's stock worth $45,000 after buying an additional 1,626 shares in the last quarter. Nykredit A S bought a new position in shares of Curbline Properties during the 2nd quarter worth approximately $55,000. Federation des caisses Desjardins du Quebec boosted its stake in shares of Curbline Properties by 25.9% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 8,128 shares of the company's stock worth $189,000 after buying an additional 1,672 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its stake in shares of Curbline Properties by 28.5% in the 2nd quarter. BNP Paribas Financial Markets now owns 9,437 shares of the company's stock worth $215,000 after buying an additional 2,091 shares during the last quarter.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. KeyCorp increased their price target on Curbline Properties from $32.00 to $34.00 and gave the company an "overweight" rating in a research report on Wednesday, July 29th. Piper Sandler reduced their price objective on Curbline Properties from $40.00 to $39.00 and set an "overweight" rating for the company in a research note on Thursday, August 27th. Morgan Stanley reaffirmed an "equal weight" rating and set a $30.00 target price on shares of Curbline Properties in a research report on Thursday, June 18th. Wolfe Research cut Curbline Properties from an "outperform" rating to a "peer perform" rating in a research note on Monday, June 15th. Finally, Weiss Ratings raised shares of Curbline Properties from a "hold (c+)" rating to a "buy (b-)" rating in a report on Wednesday, August 12th. Seven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $32.22.

Insider Activity at Curbline Properties

In related news, Director Alexander Otto sold 33,112 shares of the firm's stock in a transaction that occurred on Wednesday, September 9th. The shares were sold at an average price of $29.59, for a total value of $979,784.08. Following the completion of the transaction, the director directly owned 6,553,258 shares of the company's stock, valued at approximately $193,910,904.22. This trade represents a 0.50% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last 90 days, insiders have sold 1,443,707 shares of company stock worth $43,358,360. Corporate insiders own 8.70% of the company's stock.

Curbline Properties Trading Up 0.5%

Shares of CURB opened at $29.46 on Friday. Curbline Properties Corp. has a fifty-two week low of $21.93 and a fifty-two week high of $32.15. The business has a 50-day moving average of $30.24 and a 200 day moving average of $28.85. The firm has a market cap of $3.39 billion, a P/E ratio of 109.10 and a beta of 0.49. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.63 and a current ratio of 0.63.

Curbline Properties (NYSE:CURB - Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The company reported $0.31 EPS for the quarter, beating the consensus estimate of $0.04 by $0.27. The business had revenue of $63.30 million for the quarter, compared to the consensus estimate of $57.25 million. Curbline Properties had a net margin of 13.10% and a return on equity of 1.50%. The company's revenue was up 52.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.26 earnings per share. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. As a group, research analysts forecast that Curbline Properties Corp. will post 1.25 EPS for the current year.

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.

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