NFJ Investment Group LLC Invests $2.53 Million in Curbline Properties Corp. $CURB

NFJ Investment Group LLC acquired a new position in shares of Curbline Properties Corp. (NYSE:CURB) in the 4th quarter, HoldingsChannel reports. The fund acquired 109,113 shares of the company’s stock, valued at approximately $2,533,000.

Several other large investors also recently modified their holdings of CURB. Principal Financial Group Inc. grew its position in shares of Curbline Properties by 426.5% during the 4th quarter. Principal Financial Group Inc. now owns 2,461,156 shares of the company’s stock worth $57,123,000 after buying an additional 1,993,711 shares during the period. Aew Capital Management L P grew its position in shares of Curbline Properties by 111.2% during the 3rd quarter. Aew Capital Management L P now owns 1,547,924 shares of the company’s stock worth $34,519,000 after buying an additional 815,060 shares during the period. Balyasny Asset Management L.P. grew its position 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 period. Daiwa Securities Group Inc. grew its position in shares of Curbline Properties by 25.4% during the 3rd quarter. Daiwa Securities Group Inc. now owns 2,778,716 shares of the company’s stock worth $61,966,000 after buying an additional 562,642 shares during the period. Finally, SG Americas Securities LLC grew its position in Curbline Properties by 2,226.3% in the 4th quarter. SG Americas Securities LLC now owns 454,044 shares of the company’s stock valued at $10,538,000 after purchasing an additional 434,526 shares during the period.

Curbline Properties Stock Performance

NYSE CURB opened at $30.94 on Monday. The company has a fifty day simple moving average of $28.11 and a 200 day simple moving average of $26.04. Curbline Properties Corp. has a 12-month low of $21.62 and a 12-month high of $30.99. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.18. The company has a market cap of $3.27 billion, a P/E ratio of 99.80 and a beta of 0.55.

Curbline Properties (NYSE:CURB) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.23. The business had revenue of $57.99 million during the quarter, compared to the consensus estimate of $53.34 million. Curbline Properties had a net margin of 16.24% and a return on equity of 1.74%. Curbline Properties’s revenue was up 51.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.24 EPS. Curbline Properties has set its FY 2026 guidance at 1.200-1.230 EPS. Sell-side analysts predict that Curbline Properties Corp. will post 1.22 earnings per share for the current fiscal year.

Curbline Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th will be issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Thursday, June 18th. Curbline Properties’s payout ratio is currently 219.35%.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on CURB. Truist Financial lifted their price target on shares of Curbline Properties from $27.00 to $31.00 and gave the company a “buy” rating in a research report on Thursday, March 5th. Wall Street Zen downgraded shares of Curbline Properties from a “sell” rating to a “strong sell” rating in a research report on Monday, May 4th. Weiss Ratings downgraded shares of Curbline Properties from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 1st. KeyCorp lifted their price target on shares of Curbline Properties from $28.00 to $30.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Finally, Morgan Stanley lifted their price target on shares of Curbline Properties from $29.00 to $30.00 and gave the company an “overweight” rating in a research report on Thursday, April 23rd. Seven equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $29.44.

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.