Maven Securities LTD Buys New Shares in Curbline Properties Corp. $CURB

by · The Markets Daily

Maven Securities LTD bought a new position in Curbline Properties Corp. (NYSE:CURB – Free Report) in the second quarter, Holdings Channel.com reports. The firm bought 75,000 shares of the company’s stock, valued at approximately $2,280,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CURB. Rockefeller Capital Management L.P. grew its stake in 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 purchasing an additional 654 shares during the last quarter. Parallel Advisors LLC increased its holdings 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 purchasing an additional 1,626 shares during the period. Nykredit A S purchased a new position in shares of Curbline Properties in the second quarter worth about $55,000. Federation des caisses Desjardins du Quebec raised its stake in shares of 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 worth $189,000 after purchasing an additional 1,672 shares during the last quarter. Finally, BNP Paribas Financial Markets lifted its holdings in shares of 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.

Curbline Properties Price Performance

Shares of NYSE CURB opened at $29.65 on Wednesday. The firm has a 50-day simple moving average of $30.27 and a 200-day simple moving average of $28.82. 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 has a market capitalization of $3.41 billion, a price-to-earnings ratio of 109.83 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.

Curbline Properties (NYSE:CURB – Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $57.25 million. During the same period in the previous year, the business posted $0.26 earnings per share. Curbline Properties’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. On average, equities analysts predict that Curbline Properties Corp. will post 1.25 earnings per share for the current fiscal year.

Analysts Set New Price Targets

CURB has been the topic of a number of recent research reports. Jefferies Financial Group started coverage on Curbline Properties in a research report on Tuesday, August 25th. They issued a “buy” rating and a $36.00 target price on the stock. Piper Sandler reduced their price target 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. Weiss Ratings upgraded shares of Curbline Properties from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, August 12th. KeyCorp upped their price objective on shares of Curbline Properties from $32.00 to $34.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Finally, Morgan Stanley reiterated 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 investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Curbline Properties presently has a consensus rating of “Moderate Buy” and an average target price of $32.22.

View Our Latest Stock Analysis on CURB

Insider Buying and Selling

In other news, EVP Conor Fennerty sold 55,105 shares of the business’s stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $30.38, for a total transaction of $1,674,089.90. Following the transaction, the executive vice president directly owned 153,909 shares in the company, valued at $4,675,755.42. The trade was a 26.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Alexander Otto sold 174,293 shares of the stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $30.12, for a total value of $5,249,705.16. Following the completion of the sale, the director directly owned 7,057,394 shares of the company’s stock, valued at approximately $212,568,707.28. This represents a 2.41% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 1,188,783 shares of company stock worth $35,795,195 over the last three months. Corporate insiders own 8.70% of the company’s stock.

Curbline Properties Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding CURB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Curbline Properties Corp. (NYSE:CURB – Free Report).