Curbline Properties Corp. (NYSE:CURB – Get Free Report) Director Alexander Otto sold 33,112 shares of Curbline Properties stock in a transaction that occurred on Wednesday, September 9th. The shares were sold at an average price of $29.59, for a total transaction of $979,784.08. Following the sale, the director directly owned 6,553,258 shares of the company’s stock, valued at $193,910,904.22. This represents a 0.50% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.
Alexander Otto also recently made the following trade(s):
- 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 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 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 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 stock was sold at an average price of $30.06, for a total transaction of $2,895,709.86.
Curbline Properties Stock Down 0.2%
Shares of Curbline Properties stock opened at $29.33 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.63 and a quick ratio of 0.63. The stock has a market cap of $3.37 billion, a price-to-earnings ratio of 108.63 and a beta of 0.49. The firm’s 50-day moving average is $30.22 and its two-hundred day moving average is $28.85. Curbline Properties Corp. has a 1 year low of $21.93 and a 1 year high of $32.15.
Wall Street Analyst Weigh In
Several research firms have recently commented on CURB. Morgan Stanley reissued an “equal weight” rating and issued a $30.00 price target on shares of Curbline Properties in a research report on Thursday, June 18th. Weiss Ratings upgraded Curbline Properties from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, August 12th. Wolfe Research downgraded shares of Curbline Properties from an “outperform” rating to a “peer perform” rating in a report on Monday, June 15th. Wall Street Zen raised shares of Curbline Properties from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 1st. Finally, Jefferies Financial Group started coverage on shares of Curbline Properties in a report on Tuesday, August 25th. They issued a “buy” rating and a $36.00 price target on the stock. Seven equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $32.22.
Read Our Latest Research Report on CURB
Institutional Trading of Curbline Properties
A number of institutional investors have recently made changes to their positions in CURB. Rockefeller Capital Management L.P. grew its stake in shares of 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 acquiring an additional 654 shares during the last quarter. Nykredit A S acquired a new stake in Curbline Properties in the 2nd quarter worth approximately $55,000. Parallel Advisors LLC grew its position in 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 purchasing an additional 1,626 shares during the last quarter. Federation des caisses Desjardins du Quebec grew its position in Curbline Properties by 25.9% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 8,128 shares of the company’s stock worth $189,000 after purchasing an additional 1,672 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new position in Curbline Properties during the 1st quarter valued at approximately $224,000.
Curbline Properties Company Profile
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.
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