Alexander Otto Sells 134,868 Shares of Curbline Properties (NYSE:CURB) Stock

Curbline Properties Corp. (NYSE:CURB) Director Alexander Otto sold 134,868 shares of Curbline Properties stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $30.17, for a total value of $4,068,967.56. Following the transaction, the director directly owned 6,922,526 shares in the company, valued at approximately $208,852,609.42. The trade was a 1.91% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

• On Tuesday, August 25th, Alexander Otto sold 174,293 shares of Curbline Properties stock. The shares were 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 shares were 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 transaction of $988,468.54.
• On Monday, August 17th, Alexander Otto sold 9,173 shares of Curbline Properties stock. The stock was sold at an average price of $30.04, for a total transaction 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.
• 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 transaction 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 transaction 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 transaction 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 transaction of $4,042,839.59.

Curbline Properties Stock Performance

Shares of Curbline Properties stock traded down $0.22 during mid-day trading on Thursday, hitting $29.90. 876,621 shares of the stock were exchanged, compared to its average volume of 1,017,914. Curbline Properties Corp. has a 12 month low of $21.93 and a 12 month high of $32.15. The company has a 50-day simple moving average of $30.47 and a 200 day simple moving average of $28.58. 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 market capitalization of $3.44 billion, a P/E ratio of 110.75 and a beta of 0.51.

Curbline Properties (NYSE:CURB) last announced its earnings results on Tuesday, July 28th. The company reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.04 by $0.27. The firm had revenue of $63.30 million for the quarter, compared to the consensus estimate of $57.25 million. Curbline Properties had a return on equity of 1.50% and a net margin of 13.10%.The company’s revenue was up 52.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.26 EPS. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. Sell-side analysts anticipate that Curbline Properties Corp. will post 1.26 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Wolfe Research downgraded Curbline Properties from an “outperform” rating to a “peer perform” rating in a research note on Monday, June 15th. JPMorgan Chase & Co. lifted their target price on Curbline Properties from $30.00 to $31.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Morgan Stanley reissued an “equal weight” rating and issued a $30.00 price target on shares of Curbline Properties in a report on Thursday, June 18th. Jefferies Financial Group assumed coverage on shares of Curbline Properties in a research report on Tuesday. They set a “buy” rating and a $36.00 price target for the company. Finally, Piper Sandler decreased their price objective on shares of Curbline Properties from $40.00 to $39.00 and set an “overweight” rating for the company in a report on Thursday. Seven investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, Curbline Properties currently has an average rating of “Moderate Buy” and an average target price of $31.50.

Institutional Trading of Curbline Properties

A number of large investors have recently bought and sold shares of the company. Nissay Asset Management Corp Japan boosted its holdings in Curbline Properties by 2.9% in the 2nd quarter. Nissay Asset Management Corp Japan now owns 15,466 shares of the company’s stock valued at $470,000 after purchasing an additional 433 shares during the period. Maryland State Retirement & Pension System increased 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 worth $332,000 after purchasing an additional 525 shares during the period. ProShare Advisors LLC raised its position in shares of Curbline Properties by 3.2% in the fourth quarter. ProShare Advisors LLC now owns 18,930 shares of the company’s stock worth $439,000 after buying an additional 592 shares in the last quarter. Rockefeller Capital Management L.P. raised its position in shares of Curbline Properties by 125.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,176 shares of the company’s stock worth $27,000 after buying an additional 654 shares in the last quarter. Finally, GSI Capital Advisors LLC boosted its stake 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 buying an additional 750 shares during the period.

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.