Curbline Properties (NYSE:CURB) Raised to Strong-Buy at Jefferies Financial Group

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

A number of other equities analysts also recently commented on the company. Wolfe Research downgraded Curbline Properties from an “outperform” rating to a “peer perform” rating in a research note on Monday, June 15th. Wall Street Zen raised Curbline Properties from a “strong sell” rating to a “sell” rating in a report on Saturday, August 1st. KeyCorp lifted their target price on Curbline Properties from $32.00 to $34.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Morgan Stanley reiterated an “equal weight” rating and issued a $30.00 price target on shares of Curbline Properties in a report on Thursday, June 18th. Finally, Citigroup upped their price target on Curbline Properties from $33.00 to $36.00 and gave the company a “buy” rating in a research report on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Curbline Properties presently has a consensus rating of “Moderate Buy” and an average price target of $31.60.

Curbline Properties Stock Up 1.0%

Shares of Curbline Properties stock opened at $30.06 on Tuesday. The company has a fifty day moving average price of $30.47 and a 200 day moving average price of $28.55. The stock has a market cap of $3.46 billion, a price-to-earnings ratio of 111.34 and a beta of 0.51. Curbline Properties has a twelve month low of $21.93 and a twelve month high of $32.15. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.17.

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

Insider Buying and Selling

In other news, EVP Conor Fennerty sold 55,105 shares of the business’s stock in a transaction on Thursday, July 30th. The shares were sold at an average price of $30.38, for a total transaction of $1,674,089.90. Following the completion of the transaction, the executive vice president owned 153,909 shares of the company’s stock, valued at approximately $4,675,755.42. The trade was a 26.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Alexander Otto sold 136,226 shares of the company’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $30.25, for a total transaction of $4,120,836.50. Following the transaction, the director owned 7,274,993 shares of the company’s stock, valued at $220,068,538.25. This represents a 1.84% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 769,478 shares of company stock valued at $23,160,087 in the last 90 days. Insiders own 8.70% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. UBS Group AG lifted its holdings in Curbline Properties by 175.2% in the fourth quarter. UBS Group AG now owns 425,331 shares of the company’s stock worth $9,872,000 after purchasing an additional 270,800 shares during the period. Charles Schwab Investment Management Inc. increased its stake in Curbline Properties by 5.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,523,270 shares of the company’s stock valued at $35,355,000 after buying an additional 74,477 shares during the period. Diamond Hill Capital Management Inc. raised its position in shares of Curbline Properties by 48.7% during the 4th quarter. Diamond Hill Capital Management Inc. now owns 177,437 shares of the company’s stock worth $4,118,000 after buying an additional 58,138 shares in the last quarter. Principal Financial Group Inc. raised its position 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 buying an additional 1,993,711 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of Curbline Properties during the 2nd quarter worth about $2,550,000.

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.