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

Wall Street Zen lowered shares of Curbline Properties (NYSE:CURB) from a sell rating to a strong sell rating in a research note published on Saturday.

Other analysts have also issued reports about the stock. KeyCorp boosted their target price on shares of Curbline Properties from $27.00 to $28.00 and gave the company an “overweight” rating in a research report on Tuesday, February 10th. Piper Sandler increased their price target on shares of Curbline Properties from $30.00 to $32.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 17th. Weiss Ratings upgraded shares of Curbline Properties from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, March 25th. Wolfe Research raised shares of Curbline Properties from a “peer perform” rating to an “outperform” rating and set a $26.00 price objective for the company in a research report on Monday, January 12th. Finally, Truist Financial upped their price objective on Curbline Properties from $27.00 to $31.00 and gave the stock a “buy” rating in a research note on Thursday, March 5th. Seven analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $28.13.

Curbline Properties Trading Up 2.1%

Shares of NYSE:CURB opened at $28.19 on Friday. The stock has a market capitalization of $2.98 billion, a price-to-earnings ratio of 74.19 and a beta of 0.48. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.14 and a current ratio of 1.14. The stock’s 50-day simple moving average is $26.77 and its two-hundred day simple moving average is $24.66. Curbline Properties has a 52-week low of $21.62 and a 52-week high of $28.65.

Curbline Properties (NYSE:CURB) last released 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). Curbline Properties had a net margin of 21.78% and a return on equity of 2.10%. The business had revenue of $54.15 million for the quarter, compared to analysts’ expectations of $52.15 million. During the same period in the previous year, the company earned $0.11 EPS. Curbline Properties’s revenue for the quarter was up 55.2% compared to the same quarter last year. Curbline Properties has set its FY 2026 guidance at 1.170-1.210 EPS. Analysts expect that Curbline Properties will post 1 EPS for the current year.

Curbline Properties Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 8th. Investors of record on Wednesday, March 18th were issued a $0.17 dividend. The ex-dividend date of this dividend was Wednesday, March 18th. This represents a $0.68 dividend on an annualized basis and a yield of 2.4%. This is a boost from Curbline Properties’s previous quarterly dividend of $0.16. Curbline Properties’s payout ratio is presently 178.95%.

Insiders Place Their Bets

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 completion of the transaction, the chief executive officer directly owned 506,597 shares in the company, valued at $13,591,997.51. This represents a 14.17% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 8.70% of the stock is owned by insiders.

Hedge Funds Weigh In On Curbline Properties

Hedge funds have recently modified their holdings of the stock. Maryland State Retirement & Pension System boosted its position in shares of Curbline Properties by 3.8% during the fourth quarter. Maryland State Retirement & Pension System now owns 14,322 shares of the company’s stock worth $332,000 after acquiring an additional 525 shares during the last quarter. ProShare Advisors LLC increased its holdings in Curbline Properties by 3.2% in the 4th quarter. ProShare Advisors LLC now owns 18,930 shares of the company’s stock valued at $439,000 after acquiring an additional 592 shares during the last quarter. Rockefeller Capital Management L.P. lifted its stake in Curbline Properties by 125.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,176 shares of the company’s stock worth $27,000 after purchasing an additional 654 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Curbline Properties by 33.5% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,768 shares of the company’s stock valued at $64,000 after purchasing an additional 694 shares during the last quarter. Finally, GSI Capital Advisors LLC boosted its holdings in shares of Curbline Properties by 0.5% during the 4th quarter. GSI Capital Advisors LLC now owns 158,081 shares of the company’s stock valued at $3,669,000 after purchasing an additional 750 shares during 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.