Public Sector Pension Investment Board Has $8.42 Million Holdings in Curbline Properties Corp. $CURB

Public Sector Pension Investment Board lifted its holdings in shares of Curbline Properties Corp. (NYSE:CURB) by 17.0% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 377,582 shares of the company’s stock after acquiring an additional 54,768 shares during the period. Public Sector Pension Investment Board’s holdings in Curbline Properties were worth $8,420,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the stock. State Street Corp increased its stake in shares of Curbline Properties by 1.9% in the 2nd quarter. State Street Corp now owns 5,515,437 shares of the company’s stock valued at $126,772,000 after acquiring an additional 101,813 shares during the last quarter. Geode Capital Management LLC increased its holdings in Curbline Properties by 1.4% during the 2nd quarter. Geode Capital Management LLC now owns 2,460,496 shares of the company’s stock worth $56,180,000 after purchasing an additional 34,770 shares in the last quarter. Prudential Financial Inc. boosted its position in Curbline Properties by 9.3% during the 2nd quarter. Prudential Financial Inc. now owns 2,292,128 shares of the company’s stock worth $52,329,000 after acquiring an additional 194,918 shares during the last quarter. Daiwa Securities Group Inc. boosted its holdings in Curbline Properties by 0.3% during the second quarter. Daiwa Securities Group Inc. now owns 2,216,074 shares of the company’s stock worth $50,593,000 after purchasing an additional 7,668 shares during the last quarter. Finally, Balyasny Asset Management L.P. boosted its stake in shares of Curbline Properties by 36.4% during the 2nd quarter. Balyasny Asset Management L.P. now owns 2,164,444 shares of the company’s stock worth $49,414,000 after buying an additional 577,037 shares during the last quarter.

Curbline Properties Stock Performance

CURB stock opened at $27.09 on Wednesday. The firm has a market cap of $2.85 billion, a PE ratio of 71.29 and a beta of 0.48. The business has a 50 day moving average of $24.01 and a 200-day moving average of $23.33. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.09. Curbline Properties Corp. has a 12-month low of $20.91 and a 12-month high of $27.10.

Curbline Properties (NYSE:CURB) last released its quarterly earnings data on Monday, February 9th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.18). Curbline Properties had a net margin of 21.78% and a return on equity of 2.10%. The business had revenue of $54.15 million for the quarter, compared to analysts’ expectations of $52.15 million. During the same period last year, the company earned $0.11 earnings per share. Curbline Properties’s revenue for the quarter was up 55.2% compared to the same quarter last year. 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 earnings per share for the current year.

Curbline Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 7th. Investors of record on Monday, December 22nd were issued a dividend of $0.16 per share. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $0.64 annualized dividend and a dividend yield of 2.4%. Curbline Properties’s dividend payout ratio (DPR) is currently 168.42%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on CURB shares. UBS Group set a $27.00 price objective on shares of Curbline Properties in a research report on Thursday, December 4th. Weiss Ratings reissued a “hold (c)” rating on shares of Curbline Properties in a research note on Monday, December 29th. Morgan Stanley raised their price objective on shares of Curbline Properties from $27.00 to $29.00 and gave the company an “overweight” rating in a report on Monday, January 5th. Wolfe Research upgraded shares of Curbline Properties from a “peer perform” rating to an “outperform” rating and set a $26.00 price target on the stock in a report on Monday, January 12th. Finally, Piper Sandler boosted their price objective on shares of Curbline Properties from $30.00 to $32.00 and gave the stock an “overweight” rating in a research note on Tuesday. Six analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Curbline Properties presently has an average rating of “Moderate Buy” and a consensus target price of $27.63.

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.