Moran Wealth Management LLC Buys Shares of 19,151 Curbline Properties Corp. $CURB

Moran Wealth Management LLC bought a new position in Curbline Properties Corp. (NYSE:CURB) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 19,151 shares of the company’s stock, valued at approximately $494,000.

Other large investors have also made changes to their positions in the company. T. Rowe Price Investment Management Inc. increased its position in shares of Curbline Properties by 21.6% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 13,342,821 shares of the company’s stock valued at $309,687,000 after purchasing an additional 2,365,894 shares during the last quarter. State Street Corp grew its position in Curbline Properties by 1.9% during the second quarter. State Street Corp now owns 5,515,437 shares of the company’s stock valued at $126,772,000 after buying an additional 101,813 shares during the period. Daiwa Securities Group Inc. increased its holdings in Curbline Properties by 25.4% during the third quarter. Daiwa Securities Group Inc. now owns 2,778,716 shares of the company’s stock valued at $61,966,000 after buying an additional 562,642 shares during the last quarter. Geode Capital Management LLC raised its position in Curbline Properties by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 2,516,893 shares of the company’s stock worth $58,426,000 after acquiring an additional 22,731 shares during the period. Finally, Principal Financial Group Inc. boosted its stake 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 acquiring an additional 1,993,711 shares during the last quarter.

Curbline Properties Price Performance

CURB stock traded up $0.36 during trading on Tuesday, reaching $30.48. The company’s stock had a trading volume of 88,950 shares, compared to its average volume of 904,971. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.18. The company’s fifty day moving average is $29.17 and its 200-day moving average is $26.84. The company has a market capitalization of $3.48 billion, a P/E ratio of 98.32 and a beta of 0.51. Curbline Properties Corp. has a 1 year low of $21.62 and a 1 year high of $31.87.

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

Curbline Properties Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th will be paid a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 2.2%. The ex-dividend date is Thursday, June 18th. Curbline Properties’s dividend payout ratio is presently 219.35%.

Analysts Set New Price Targets

CURB has been the topic of a number of recent research reports. Wall Street Zen cut Curbline Properties from a “sell” rating to a “strong sell” rating in a report on Monday, May 4th. Weiss Ratings downgraded Curbline Properties from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, May 1st. JPMorgan Chase & Co. lifted their price objective on Curbline Properties from $30.00 to $31.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. KeyCorp increased their target price on shares of Curbline Properties from $30.00 to $32.00 and gave the stock an “overweight” rating in a report on Monday, June 22nd. Finally, Morgan Stanley restated an “equal weight” rating and set a $30.00 target price on shares of Curbline Properties in a research note on Thursday, June 18th. Five analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $29.67.

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.