Insider Selling: Curbline Properties (NYSE:CURB) Director Sells $4,120,836.50 in Stock

Curbline Properties Corp. (NYSE:CURB) 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 sale, the director directly owned 7,274,993 shares of the company’s stock, valued at $220,068,538.25. This trade represents a 1.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Alexander Otto also recently made the following trade(s):

• On Monday, August 17th, Alexander Otto sold 9,173 shares of Curbline Properties stock. The shares were sold at an average price of $30.04, for a total value of $275,556.92.
• On Thursday, August 13th, Alexander Otto sold 135,612 shares of Curbline Properties stock. The shares were sold at an average price of $30.15, for a total value of $4,088,701.80.
• On Wednesday, August 12th, Alexander Otto sold 96,331 shares of Curbline Properties stock. The stock was sold at an average price of $30.06, for a total value of $2,895,709.86.
• On Friday, August 7th, Alexander Otto sold 20,475 shares of Curbline Properties stock. The stock was sold at an average price of $29.76, for a total value of $609,336.00.
• On Thursday, August 6th, Alexander Otto sold 109,366 shares of Curbline Properties stock. The stock was sold at an average price of $29.79, for a total value of $3,258,013.14.
• On Wednesday, August 5th, Alexander Otto sold 134,269 shares of Curbline Properties stock. The shares were sold at an average price of $30.11, for a total value of $4,042,839.59.
• On Tuesday, August 4th, Alexander Otto sold 38,788 shares of Curbline Properties stock. The shares were sold at an average price of $30.17, for a total transaction of $1,170,233.96.

Curbline Properties Stock Up 0.0%

Curbline Properties stock traded up $0.01 during mid-day trading on Tuesday, hitting $30.00. The company had a trading volume of 908,560 shares, compared to its average volume of 984,109. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.17. Curbline Properties Corp. has a 1 year low of $21.93 and a 1 year high of $32.15. The business has a fifty day moving average of $30.52 and a 200 day moving average of $28.31. The stock has a market cap of $3.45 billion, a price-to-earnings ratio of 111.10 and a beta of 0.51.

Curbline Properties (NYSE:CURB) last issued its earnings results on Tuesday, July 28th. The company reported $0.31 earnings per share (EPS) 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 net margin of 13.10% and a return on equity of 1.50%. The company’s revenue for the quarter was up 52.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.26 EPS. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. On average, sell-side analysts expect that Curbline Properties Corp. will post 1.26 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently commented on CURB shares. Citigroup lifted their target price on Curbline Properties from $33.00 to $36.00 and gave the stock a “buy” rating in a research report on Monday, August 3rd. 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 research report on Saturday, August 1st. Piper Sandler boosted their price objective 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, KeyCorp increased their price objective on Curbline Properties from $32.00 to $34.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Six equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Curbline Properties has an average rating of “Moderate Buy” and an average price target of $31.11.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Rockefeller Capital Management L.P. increased its stake in Curbline Properties by 125.3% in 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 period. Parallel Advisors LLC boosted its stake in shares of Curbline Properties by 393.7% during the third 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. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of 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 worth $64,000 after buying an additional 694 shares during the last quarter. Federation des caisses Desjardins du Quebec increased its position 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 valued at $189,000 after acquiring an additional 1,672 shares during the period. Finally, Sanctuary Advisors LLC acquired a new position in Curbline Properties in the 1st quarter valued at about $224,000.

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.