Curbline Properties (NYSE:CURB) Raised to Sell at Wall Street Zen

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

A number of other research firms have also recently commented on CURB. Morgan Stanley reissued an “equal weight” rating and set a $30.00 price target on shares of Curbline Properties in a report on Thursday, June 18th. KeyCorp upped their price objective on Curbline Properties from $32.00 to $34.00 and gave the stock an “overweight” rating in a research note on Wednesday. Weiss Ratings reiterated a “hold (c+)” rating on shares of Curbline Properties in a research report on Wednesday. Piper Sandler lifted their target price on Curbline Properties from $39.00 to $40.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. Finally, Citigroup boosted their price target on Curbline Properties from $30.00 to $33.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Five research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, Curbline Properties presently has a consensus rating of “Moderate Buy” and an average price target of $30.78.

Curbline Properties Trading Down 0.2%

Shares of Curbline Properties stock opened at $30.57 on Friday. The company has a market capitalization of $3.52 billion, a P/E ratio of 113.22 and a beta of 0.51. 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 fifty day moving average of $30.30 and a 200 day moving average of $27.86. Curbline Properties has a fifty-two week low of $21.62 and a fifty-two week high of $32.15.

Insiders Place Their Bets

In other Curbline Properties news, EVP Conor Fennerty sold 55,105 shares of Curbline Properties stock in a transaction that occurred on Thursday, July 30th. The stock was 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 $4,675,755.42. The trade was a 26.36% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 8.70% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Maryland State Retirement & Pension System grew its holdings in shares of Curbline Properties by 3.8% in the fourth quarter. Maryland State Retirement & Pension System now owns 14,322 shares of the company’s stock valued at $332,000 after purchasing an additional 525 shares in the last quarter. ProShare Advisors LLC raised its stake in Curbline Properties by 3.2% during the fourth quarter. ProShare Advisors LLC now owns 18,930 shares of the company’s stock valued at $439,000 after purchasing an additional 592 shares in the last quarter. Rockefeller Capital Management L.P. lifted its position in Curbline Properties by 125.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,176 shares of the company’s stock valued at $27,000 after purchasing an additional 654 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in Curbline Properties by 33.5% during the fourth 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 lifted its position in Curbline Properties by 0.5% during the fourth 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.