Wall Street Zen Downgrades Curbline Properties (NYSE:CURB) to Strong Sell

Curbline Properties (NYSE:CURB) was downgraded by equities researchers at Wall Street Zen from a “sell” rating to a “strong sell” rating in a report released on Saturday.

Other equities research analysts have also issued reports about the company. Morgan Stanley upped their price target on Curbline Properties from $27.00 to $29.00 and gave the stock an “overweight” rating in a research note on Monday, January 5th. KeyCorp upped their price target on Curbline Properties from $27.00 to $28.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 10th. Piper Sandler upped their price target on Curbline Properties from $30.00 to $32.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 17th. Weiss Ratings upgraded Curbline Properties from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, March 25th. Finally, Truist Financial increased their target price on Curbline Properties from $27.00 to $31.00 and gave the company a “buy” rating in a research note on Thursday, March 5th. Seven investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $28.13.

Curbline Properties Stock Performance

Shares of NYSE:CURB opened at $28.19 on Friday. The firm has a market capitalization of $2.98 billion, a PE ratio of 74.19 and a beta of 0.48. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.14 and a quick ratio of 1.14. The business has a 50-day moving average of $26.77 and a two-hundred day moving average of $24.65. Curbline Properties has a 12 month low of $21.62 and a 12 month high of $28.65.

Curbline Properties (NYSE:CURB) last announced its quarterly earnings results on Monday, February 9th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.18). The firm had revenue of $54.15 million for the quarter, compared to analyst estimates of $52.15 million. Curbline Properties had a return on equity of 2.10% and a net margin of 21.78%.The business’s revenue was up 55.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.11 earnings per share. Curbline Properties has set its FY 2026 guidance at 1.170-1.210 EPS. As a group, research analysts forecast that Curbline Properties will post 1 earnings per share for the current year.

Insider Activity

In other Curbline Properties news, CEO David R. Lukes sold 83,663 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $26.83, for a total value of $2,244,678.29. Following the transaction, the chief executive officer directly owned 506,597 shares of the company’s stock, valued at $13,591,997.51. This represents a 14.17% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 8.70% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Curbline Properties

A number of institutional investors have recently made changes to their positions in CURB. T. Rowe Price Investment Management Inc. grew its position in shares of Curbline Properties by 21.6% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 13,342,821 shares of the company’s stock worth $309,687,000 after acquiring an additional 2,365,894 shares in the last quarter. Principal Financial Group Inc. grew its position in shares of Curbline Properties by 426.5% in 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 in the last quarter. Aew Capital Management L P grew its position in shares of Curbline Properties by 111.2% in the 3rd quarter. Aew Capital Management L P now owns 1,547,924 shares of the company’s stock worth $34,519,000 after acquiring an additional 815,060 shares in the last quarter. Balyasny Asset Management L.P. grew its position in shares of Curbline Properties by 36.4% in the 2nd quarter. Balyasny Asset Management L.P. now owns 2,164,444 shares of the company’s stock worth $49,414,000 after acquiring an additional 577,037 shares in the last quarter. Finally, Daiwa Securities Group Inc. grew its position in shares of Curbline Properties by 25.4% in the 3rd quarter. Daiwa Securities Group Inc. now owns 2,778,716 shares of the company’s stock worth $61,966,000 after acquiring an additional 562,642 shares in the last quarter.

About Curbline Properties

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.