Curbline Properties (NYSE:CURB) Director Alexander Otto Sells 9,173 Shares

Curbline Properties Corp. (NYSE:CURB) Director Alexander Otto sold 9,173 shares of the company’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $30.04, for a total transaction of $275,556.92. Following the completion of the sale, the director directly owned 7,265,820 shares of the company’s stock, valued at $218,265,232.80. This trade represents a 0.13% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

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

• 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 value 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 value of $4,088,701.80.
• On Wednesday, August 12th, Alexander Otto sold 96,331 shares of Curbline Properties stock. The shares were 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 stock was sold at an average price of $30.17, for a total transaction of $1,170,233.96.

Curbline Properties Stock Up 0.0%

Shares of NYSE CURB opened at $30.00 on Wednesday. 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 52 week low of $21.93 and a 52 week high of $32.15. The firm’s fifty day moving average is $30.53 and its 200 day moving average is $28.36. The company 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 announced its quarterly earnings results on Tuesday, July 28th. The company reported $0.31 earnings per share 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 firm’s revenue for the quarter was up 52.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.26 EPS. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. On average, equities research analysts expect that Curbline Properties Corp. will post 1.26 earnings per share for the current year.

Hedge Funds Weigh In On Curbline Properties

A number of institutional investors have recently bought and sold shares of the stock. BlackRock Inc. bought a new position in shares of Curbline Properties in the 2nd quarter worth about $531,338,000. Principal Financial Group Inc. boosted its stake in Curbline Properties by 110.3% during the first quarter. Principal Financial Group Inc. now owns 5,176,015 shares of the company’s stock worth $133,489,000 after acquiring an additional 2,714,859 shares in the last quarter. T. Rowe Price Investment Management Inc. grew its holdings in Curbline Properties by 21.6% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 13,342,821 shares of the company’s stock worth $309,687,000 after purchasing an additional 2,365,894 shares during the period. Deutsche Bank AG purchased a new stake in Curbline Properties in the second quarter worth about $62,145,000. Finally, Jupiter Topco LLC bought a new position in shares of Curbline Properties during the second quarter valued at approximately $46,975,000.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on CURB shares. Wall Street Zen upgraded Curbline Properties from a “strong sell” rating to a “sell” rating in a report on Saturday, August 1st. KeyCorp lifted their price objective on Curbline Properties from $32.00 to $34.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Weiss Ratings raised Curbline Properties from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, August 12th. Citigroup upped their target price on Curbline Properties from $33.00 to $36.00 and gave the company a “buy” rating in a report on Monday, August 3rd. Finally, JPMorgan Chase & Co. raised their price target on Curbline Properties from $30.00 to $31.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Six research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $31.11.

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.