Curbline Properties (NYSE:CURB) Director Alexander Otto Sells 2,344 Shares of Stock

Curbline Properties Corp. (NYSE:CURB) Director Alexander Otto sold 2,344 shares of Curbline Properties stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $29.51, for a total value of $69,171.44. Following the completion of the transaction, the director owned 6,550,914 shares of the company’s stock, valued at approximately $193,317,472.14. The trade was a 0.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

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

• On Wednesday, September 9th, Alexander Otto sold 33,112 shares of Curbline Properties stock. The stock was sold at an average price of $29.59, for a total value of $979,784.08.
• On Tuesday, September 8th, Alexander Otto sold 221,812 shares of Curbline Properties stock. The stock was sold at an average price of $29.68, for a total value of $6,583,380.16.
• On Friday, August 28th, Alexander Otto sold 110,144 shares of Curbline Properties stock. The stock was sold at an average price of $30.11, for a total value of $3,316,435.84.
• On Wednesday, August 26th, Alexander Otto sold 134,868 shares of Curbline Properties stock. The shares were sold at an average price of $30.17, for a total value of $4,068,967.56.
• On Tuesday, August 25th, Alexander Otto sold 174,293 shares of Curbline Properties stock. The stock was sold at an average price of $30.12, for a total value of $5,249,705.16.
• On Wednesday, August 19th, Alexander Otto sold 1,206 shares of Curbline Properties stock. The stock was sold at an average price of $30.10, for a total value of $36,300.60.
• On Tuesday, August 18th, Alexander Otto sold 32,927 shares of Curbline Properties stock. The stock was sold at an average price of $30.02, for a total value of $988,468.54.
• 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 Friday, August 14th, Alexander Otto sold 136,226 shares of Curbline Properties stock. The shares were sold at an average price of $30.25, for a total transaction of $4,120,836.50.
• 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 transaction of $4,088,701.80.

Curbline Properties Stock Down 0.8%

Curbline Properties stock opened at $29.07 on Tuesday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.63 and a current ratio of 0.63. Curbline Properties Corp. has a one year low of $21.93 and a one year high of $32.15. The company has a 50-day simple moving average of $30.20 and a 200-day simple moving average of $28.87. The firm has a market capitalization of $3.34 billion, a P/E ratio of 107.67 and a beta of 0.49.

Curbline Properties (NYSE:CURB) last posted its earnings results on Tuesday, July 28th. The company reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.27. The firm had revenue of $63.30 million during the quarter, compared to analyst estimates of $57.25 million. Curbline Properties had a net margin of 13.10% and a return on equity of 1.50%. Curbline Properties’s revenue was up 52.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.26 EPS. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. As a group, equities analysts expect that Curbline Properties Corp. will post 1.25 earnings per share for the current year.

Hedge Funds Weigh In On Curbline Properties

Hedge funds have recently modified their holdings of the company. Rockefeller Capital Management L.P. lifted its holdings 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 valued at $27,000 after acquiring an additional 654 shares during the last quarter. Nykredit A S acquired a new position in shares of Curbline Properties in the 2nd quarter worth approximately $55,000. Sanctuary Advisors LLC bought a new stake in shares of Curbline Properties in the 1st quarter worth approximately $224,000. Arrowstreet Capital Limited Partnership bought a new stake in shares of Curbline Properties in the 1st quarter worth approximately $243,000. Finally, Caxton Associates LLP acquired a new stake in Curbline Properties during the first quarter valued at approximately $283,000.

Analyst Upgrades and Downgrades

CURB has been the topic of several recent analyst reports. Morgan Stanley reaffirmed an “equal weight” rating and set a $30.00 target price on shares of Curbline Properties in a research note on Thursday, June 18th. Wall Street Zen raised Curbline Properties from a “strong sell” rating to a “sell” rating in a report on Saturday, August 1st. Weiss Ratings raised Curbline Properties from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, August 12th. Jefferies Financial Group assumed coverage on shares of Curbline Properties in a report on Tuesday, August 25th. They issued a “buy” rating and a $36.00 price objective for the company. Finally, Citigroup increased their target price on shares of Curbline Properties from $33.00 to $36.00 and gave the company a “buy” rating in a research report on Monday, August 3rd. Seven analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $32.22.

About Curbline Properties

Curbline Properties Corporation (NYSE: CURB) is a self-managed real estate investment trust focused on owning and operating convenience-oriented retail properties. Its portfolio primarily consists of open-air shopping centers designed to serve everyday consumer needs and support services in established communities.

The company’s properties are generally occupied by tenants such as grocery stores, restaurants, healthcare providers, fitness operators, personal-service businesses and other necessity- and service-oriented retailers.