Wellington Management Group LLP Has $60.41 Million Position in Curbline Properties Corp. $CURB

Wellington Management Group LLP lifted its holdings in shares of Curbline Properties Corp. (NYSE:CURB) by 138.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,987,340 shares of the company’s stock after purchasing an additional 1,153,326 shares during the period. Wellington Management Group LLP owned 1.73% of Curbline Properties worth $60,415,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of CURB. Rockefeller Capital Management L.P. grew its position in shares of Curbline Properties by 125.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,176 shares of the company’s stock valued at $27,000 after buying an additional 654 shares during the last quarter. Parallel Advisors LLC increased its stake in shares of Curbline Properties by 393.7% in the third quarter. Parallel Advisors LLC now owns 2,039 shares of the company’s stock valued at $45,000 after buying an additional 1,626 shares during the period. Federation des caisses Desjardins du Quebec raised its position in shares of Curbline Properties by 25.9% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 8,128 shares of the company’s stock worth $189,000 after acquiring an additional 1,672 shares during the last quarter. Sanctuary Advisors LLC bought a new position in shares of Curbline Properties during the first quarter worth about $224,000. Finally, Arrowstreet Capital Limited Partnership acquired a new position in shares of Curbline Properties in the first quarter worth approximately $243,000.

Insider Buying and Selling at Curbline Properties

In related news, Director Alexander Otto sold 134,868 shares of the company’s stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $30.17, for a total value of $4,068,967.56. Following the sale, the director owned 6,922,526 shares in the company, valued at $208,852,609.42. This represents a 1.91% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In the last quarter, insiders have sold 1,078,639 shares of company stock valued at $32,478,760. Corporate insiders own 8.70% of the company’s stock.

Curbline Properties Trading Down 0.3%

Shares of Curbline Properties stock opened at $29.51 on Thursday. The stock has a market capitalization of $3.40 billion, a PE ratio of 109.30 and a beta of 0.49. Curbline Properties Corp. has a 52 week low of $21.93 and a 52 week high of $32.15. The stock has a 50 day moving average price of $30.40 and a two-hundred day moving average price of $28.73. 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) last released its quarterly earnings data on Tuesday, July 28th. The company reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.27. Curbline Properties had a net margin of 13.10% and a return on equity of 1.50%. The firm had revenue of $63.30 million for the quarter, compared to the consensus estimate of $57.25 million. During the same quarter in the prior year, the company posted $0.26 earnings per share. The business’s revenue was up 52.9% on a year-over-year basis. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. As a group, equities analysts anticipate that Curbline Properties Corp. will post 1.25 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

CURB has been the topic of several analyst reports. Weiss Ratings upgraded Curbline Properties from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, August 12th. KeyCorp increased their price target on Curbline Properties from $32.00 to $34.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Jefferies Financial Group initiated coverage on Curbline Properties in a report on Tuesday, August 25th. They set a “buy” rating and a $36.00 price target for the company. Wolfe Research lowered Curbline Properties from an “outperform” rating to a “peer perform” rating in a research report on Monday, June 15th. Finally, Morgan Stanley reissued an “equal weight” rating and issued a $30.00 price objective on shares of Curbline Properties in a research note on Thursday, June 18th. Seven analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Curbline Properties has an average rating of “Moderate Buy” and an average price target of $31.50.

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.