Curbline Properties (NYSE:CURB) Stock Rating Upgraded by Jefferies Financial Group

Curbline Properties (NYSE:CURB) was upgraded by stock analysts at Jefferies Financial Group to a “strong-buy” rating in a report released on Tuesday,Zacks.com reports.

Several other research firms have also weighed in on CURB. Wall Street Zen upgraded shares of Curbline Properties from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 1st. Morgan Stanley reiterated an “equal weight” rating and issued a $30.00 target price on shares of Curbline Properties in a report on Thursday, June 18th. KeyCorp increased their target price on shares of Curbline Properties from $32.00 to $34.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. Wolfe Research cut shares of Curbline Properties from an “outperform” rating to a “peer perform” rating in a report on Monday, June 15th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Curbline Properties from $30.00 to $31.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $31.60.

Curbline Properties Stock Up 1.0%

CURB opened at $30.06 on Tuesday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.63 and a current ratio of 0.63. The company has a market capitalization of $3.46 billion, a PE ratio of 111.34 and a beta of 0.51. The stock’s fifty day moving average is $30.47 and its 200-day moving average is $28.55. Curbline Properties has a one year low of $21.93 and a one year high of $32.15.

Curbline Properties (NYSE:CURB) last announced its earnings results on Tuesday, July 28th. The company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.27. The business had revenue of $63.30 million during the quarter, compared to analysts’ expectations of $57.25 million. Curbline Properties had a return on equity of 1.50% and a net margin of 13.10%.The company’s quarterly revenue was up 52.9% on a year-over-year basis. During the same quarter last year, the business posted $0.26 earnings per share. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. On average, equities analysts predict that Curbline Properties will post 1.26 EPS for the current fiscal year.

Insider Activity

In related news, Director Alexander Otto sold 1,206 shares of the company’s stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $30.10, for a total value of $36,300.60. Following the completion of the sale, the director owned 7,231,687 shares in the company, valued at approximately $217,673,778.70. This represents a 0.02% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold a total of 769,478 shares of company stock worth $23,160,087 in the last quarter. 8.70% of the stock is owned by insiders.

Hedge Funds Weigh In On Curbline Properties

Several institutional investors and hedge funds have recently added to or reduced their stakes in CURB. BlackRock Inc. acquired a new stake in Curbline Properties during the 2nd quarter valued at $531,338,000. California State Teachers Retirement System boosted its position in shares of Curbline Properties by 2,858.3% in the second quarter. California State Teachers Retirement System now owns 3,412,917 shares of the company’s stock worth $112,267,000 after buying an additional 3,297,550 shares during the period. Principal Financial Group Inc. grew its holdings in shares of Curbline Properties by 110.3% during the first quarter. Principal Financial Group Inc. now owns 5,176,015 shares of the company’s stock valued at $133,489,000 after buying an additional 2,714,859 shares in the last quarter. T. Rowe Price Investment Management Inc. grew its holdings in shares of Curbline Properties by 21.6% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 13,342,821 shares of the company’s stock valued at $309,687,000 after buying an additional 2,365,894 shares in the last quarter. Finally, Deutsche Bank AG acquired a new position in Curbline Properties during the second quarter valued at $62,145,000.

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.