Curbline Properties (NYSE:CURB) Director Alexander Otto Sells 110,144 Shares of Stock

Curbline Properties Corp. (NYSE:CURB) Director Alexander Otto sold 110,144 shares of the stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $30.11, for a total value of $3,316,435.84. Following the completion of the transaction, the director owned 6,811,882 shares in the company, valued at approximately $205,105,767.02. The trade was a 1.59% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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

• On Wednesday, August 26th, Alexander Otto sold 134,868 shares of Curbline Properties stock. The stock was 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 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 transaction 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 shares were 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 stock was 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 shares were 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 shares were sold at an average price of $29.79, for a total transaction of $3,258,013.14.

Curbline Properties Stock Performance

Shares of CURB stock opened at $29.65 on Wednesday. The stock’s 50-day moving average is $30.27 and its two-hundred day moving average is $28.82. 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 1 year low of $21.93 and a 1 year high of $32.15. The firm has a market cap of $3.41 billion, a price-to-earnings ratio of 109.83 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 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 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 business’s quarterly revenue was up 52.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.26 EPS. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. Analysts predict that Curbline Properties Corp. will post 1.25 earnings per share for the current year.

Institutional Investors Weigh In On Curbline Properties

A number of institutional investors have recently added to or reduced their stakes in CURB. Rockefeller Capital Management L.P. grew 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 worth $27,000 after buying an additional 654 shares during the period. Nykredit A S purchased a new stake in shares of Curbline Properties during the 2nd quarter worth approximately $55,000. Parallel Advisors LLC boosted its stake in shares of Curbline Properties by 393.7% during the 3rd quarter. Parallel Advisors LLC now owns 2,039 shares of the company’s stock worth $45,000 after acquiring an additional 1,626 shares in the last quarter. Federation des caisses Desjardins du Quebec grew its holdings in shares of 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 worth $189,000 after acquiring an additional 1,672 shares during the period. Finally, Sanctuary Advisors LLC purchased a new position in Curbline Properties in the 1st quarter valued at approximately $224,000.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on CURB. 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 began coverage on shares of Curbline Properties in a report on Tuesday, August 25th. They issued a “buy” rating and a $36.00 target price on the stock. Wolfe Research downgraded shares of Curbline Properties from an “outperform” rating to a “peer perform” rating in a research report on Monday, June 15th. Piper Sandler decreased their price target on shares of Curbline Properties from $40.00 to $39.00 and set an “overweight” rating for the company in a research note on Thursday, August 27th. Finally, Morgan Stanley reissued an “equal weight” rating and set a $30.00 price objective on shares of Curbline Properties in a research report on Thursday, June 18th. Seven analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $32.22.

Curbline Properties Company Profile

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.