Piper Sandler Lowers Curbline Properties (NYSE:CURB) Price Target to $39.00

Curbline Properties (NYSE:CURB) had its price objective decreased by investment analysts at Piper Sandler from $40.00 to $39.00 in a report released on Thursday,Benzinga reports. The firm presently has an “overweight” rating on the stock. Piper Sandler’s price objective indicates a potential upside of 30.34% from the company’s current price.

CURB has been the subject of a number of other research reports. JPMorgan Chase & Co. boosted their price objective on shares of Curbline Properties from $30.00 to $31.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. Wolfe Research downgraded Curbline Properties from an “outperform” rating to a “peer perform” rating in a report on Monday, June 15th. Morgan Stanley reissued an “equal weight” rating and set a $30.00 target price on shares of Curbline Properties in a research report on Thursday, June 18th. Wall Street Zen raised shares of Curbline Properties from a “strong sell” rating to a “sell” rating in a report on Saturday, August 1st. Finally, Weiss Ratings upgraded Curbline Properties from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, August 12th. Seven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Curbline Properties presently has a consensus rating of “Moderate Buy” and a consensus target price of $31.50.

Curbline Properties Stock Performance

NYSE CURB traded down $0.20 on Thursday, hitting $29.92. 303,150 shares of the stock traded hands, compared to its average volume of 1,014,447. The business’s fifty day moving average is $30.47 and its two-hundred day moving average is $28.58. Curbline Properties has a 12 month low of $21.93 and a 12 month high of $32.15. 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 firm has a market capitalization of $3.44 billion, a price-to-earnings ratio of 110.83 and a beta of 0.51.

Curbline Properties (NYSE:CURB) last released its quarterly 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. 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 analysts’ expectations of $57.25 million. During the same quarter in the prior year, the firm posted $0.26 earnings per share. The business’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. As a group, equities analysts anticipate that Curbline Properties will post 1.26 EPS for the current fiscal year.

Insider Transactions at Curbline Properties

In other news, Director Alexander Otto sold 136,226 shares of Curbline Properties stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $30.25, for a total value of $4,120,836.50. Following the transaction, the director directly owned 7,274,993 shares of the company’s stock, valued at $220,068,538.25. The trade was a 1.84% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Conor Fennerty sold 55,105 shares of the firm’s stock in a transaction that occurred on Thursday, July 30th. The shares were sold at an average price of $30.38, for a total value of $1,674,089.90. Following the sale, the executive vice president owned 153,909 shares of the company’s stock, valued at approximately $4,675,755.42. This trade represents a 26.36% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 769,478 shares of company stock valued at $23,160,087. Corporate insiders own 8.70% of the company’s stock.

Hedge Funds Weigh In On Curbline Properties

Hedge funds have recently bought and sold shares of the business. Rockefeller Capital Management L.P. raised its stake in shares of Curbline Properties by 125.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,176 shares of the company’s stock valued at $27,000 after buying an additional 654 shares in the last quarter. Parallel Advisors LLC grew its position in shares of Curbline Properties by 393.7% during the 3rd quarter. Parallel Advisors LLC now owns 2,039 shares of the company’s stock worth $45,000 after buying an additional 1,626 shares during the period. Nykredit A S bought a new stake in shares of Curbline Properties in the second quarter worth about $55,000. Federation des caisses Desjardins du Quebec boosted its stake in Curbline Properties by 25.9% in the 4th 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 period. Finally, BNP Paribas Financial Markets raised its holdings in shares of Curbline Properties by 28.5% in the second quarter. BNP Paribas Financial Markets now owns 9,437 shares of the company’s stock valued at $215,000 after purchasing an additional 2,091 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.