Squarepoint Ops LLC Purchases 144,689 Shares of Curbline Properties Corp. $CURB

Squarepoint Ops LLC raised its position in Curbline Properties Corp. (NYSE:CURB) by 422.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 178,956 shares of the company’s stock after buying an additional 144,689 shares during the quarter. Squarepoint Ops LLC owned 0.16% of Curbline Properties worth $5,440,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of CURB. Rockefeller Capital Management L.P. lifted its position in shares of Curbline Properties by 125.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,176 shares of the company’s stock valued at $27,000 after acquiring an additional 654 shares during the period. Parallel Advisors LLC increased its position 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 worth $45,000 after purchasing an additional 1,626 shares during the period. Nykredit A S acquired a new position in Curbline Properties in the second quarter valued at about $55,000. Federation des caisses Desjardins du Quebec raised its stake in Curbline Properties by 25.9% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 8,128 shares of the company’s stock valued at $189,000 after purchasing an additional 1,672 shares in the last quarter. Finally, BNP Paribas Financial Markets lifted its position in Curbline Properties by 28.5% during the second quarter. BNP Paribas Financial Markets now owns 9,437 shares of the company’s stock worth $215,000 after purchasing an additional 2,091 shares during the period.

Analysts Set New Price Targets

Several brokerages have commented on CURB. Piper Sandler lowered their price objective on shares of Curbline Properties from $40.00 to $39.00 and set an “overweight” rating for the company in a research report on Thursday, August 27th. Citigroup raised their target price on Curbline Properties from $33.00 to $36.00 and gave the company a “buy” rating in a report on Monday, August 3rd. Morgan Stanley reiterated an “equal weight” rating and issued a $30.00 price target on shares of Curbline Properties in a research note on Thursday, June 18th. Jefferies Financial Group assumed coverage on Curbline Properties in a research note on Tuesday, August 25th. They issued a “buy” rating and a $36.00 price objective on the stock. Finally, Weiss Ratings upgraded Curbline Properties from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, August 12th. Seven research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $32.22.

Insider Buying and Selling at Curbline Properties

In other news, Director Alexander Otto sold 33,112 shares of the company’s stock in a transaction that occurred on Wednesday, September 9th. The stock was sold at an average price of $29.59, for a total value of $979,784.08. Following the completion of the transaction, the director owned 6,553,258 shares of the company’s stock, valued at $193,910,904.22. This represents a 0.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders sold 1,443,707 shares of company stock worth $43,358,360 in the last quarter. Insiders own 8.70% of the company’s stock.

Curbline Properties Trading Down 0.2%

Shares of CURB stock opened at $29.33 on Friday. The firm has a market capitalization of $3.37 billion, a P/E ratio of 108.63 and a beta of 0.49. Curbline Properties Corp. has a twelve month low of $21.93 and a twelve month high of $32.15. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.17. The stock’s fifty day simple moving average is $30.22 and its 200 day simple moving average is $28.85.

Curbline Properties (NYSE:CURB) last posted its earnings results on Tuesday, July 28th. The company reported $0.31 EPS for the quarter, beating the consensus estimate of $0.04 by $0.27. Curbline Properties had a return on equity of 1.50% and a net margin of 13.10%.The firm had revenue of $63.30 million during the quarter, compared to the consensus estimate of $57.25 million. During the same period last year, the company earned $0.26 earnings per share. The business’s quarterly 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, sell-side analysts predict that Curbline Properties Corp. will post 1.25 EPS for the current fiscal year.

Curbline Properties Profile

Curbline Properties Corporation (NYSE: CURB) is a self-managed real estate investment trust focused on owning and operating convenience-oriented retail properties. Its portfolio primarily consists of open-air shopping centers designed to serve everyday consumer needs and support services in established communities.

The company’s properties are generally occupied by tenants such as grocery stores, restaurants, healthcare providers, fitness operators, personal-service businesses and other necessity- and service-oriented retailers.