Hsbc Holdings PLC Raises Holdings in Curbline Properties Corp. $CURB

Hsbc Holdings PLC boosted its holdings in shares of Curbline Properties Corp. (NYSE:CURB) by 10.3% in the 1st quarter, Holdings Channel.com reports. The fund owned 557,481 shares of the company’s stock after buying an additional 52,188 shares during the quarter. Hsbc Holdings PLC’s holdings in Curbline Properties were worth $14,380,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CURB. UBS Group AG grew its holdings in shares of Curbline Properties by 175.2% during the 4th quarter. UBS Group AG now owns 425,331 shares of the company’s stock worth $9,872,000 after purchasing an additional 270,800 shares during the period. Charles Schwab Investment Management Inc. increased its position in shares of Curbline Properties by 5.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,523,270 shares of the company’s stock worth $35,355,000 after purchasing an additional 74,477 shares during the last quarter. Diamond Hill Capital Management Inc. increased its position in shares of Curbline Properties by 48.7% during the 4th quarter. Diamond Hill Capital Management Inc. now owns 177,437 shares of the company’s stock worth $4,118,000 after purchasing an additional 58,138 shares during the last quarter. Principal Financial Group Inc. raised its holdings in Curbline Properties by 426.5% in the 4th quarter. Principal Financial Group Inc. now owns 2,461,156 shares of the company’s stock valued at $57,123,000 after buying an additional 1,993,711 shares during the period. Finally, SG Americas Securities LLC raised its holdings 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 buying an additional 434,526 shares during the period.

Curbline Properties Price Performance

CURB stock opened at $30.84 on Thursday. The business’s fifty day moving average price is $29.87 and its 200 day moving average price is $27.48. Curbline Properties Corp. has a 12-month low of $21.62 and a 12-month high of $31.90. 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 capitalization of $3.52 billion, a PE ratio of 99.47 and a beta of 0.51.

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

Curbline Properties Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th were given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend was Thursday, June 18th. Curbline Properties’s dividend payout ratio is currently 219.35%.

Wall Street Analysts Forecast Growth

CURB has been the topic of a number of recent analyst reports. KeyCorp upped their target price on shares of Curbline Properties from $30.00 to $32.00 and gave the company an “overweight” rating in a research report on Monday, June 22nd. Citigroup lifted their price target on shares of Curbline Properties from $30.00 to $33.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Wall Street Zen downgraded shares of Curbline Properties from a “sell” rating to a “strong sell” rating in a research note on Monday, May 4th. Piper Sandler upped their price objective on shares of Curbline Properties from $32.00 to $39.00 and gave the stock an “overweight” rating in a report on Tuesday. Finally, JPMorgan Chase & Co. increased their price objective on shares of Curbline Properties from $30.00 to $31.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. Five investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $30.44.

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.