Curbline Properties Corp. (NYSE:CURB – Get Free Report) Director Alexander Otto sold 32,927 shares of the firm’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $30.02, for a total transaction of $988,468.54. Following the completion of the sale, the director owned 7,232,893 shares in the company, valued at approximately $217,131,447.86. The trade was a 0.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.
Alexander Otto also recently made the following trade(s):
- 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 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 stock was 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.
- On Wednesday, August 5th, Alexander Otto sold 134,269 shares of Curbline Properties stock. The stock was 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 value of $1,170,233.96.
Curbline Properties Stock Performance
Curbline Properties stock opened at $29.47 on Friday. The business has a 50 day moving average price of $30.49 and a two-hundred day moving average price of $28.44. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.17. The stock has a market cap of $3.39 billion, a price-to-earnings ratio of 109.15 and a beta of 0.51. Curbline Properties Corp. has a 12 month low of $21.93 and a 12 month high of $32.15.
Wall Street Analysts Forecast Growth
A number of research firms have weighed in on CURB. Piper Sandler lifted their price target on shares of Curbline Properties from $39.00 to $40.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Morgan Stanley reaffirmed an “equal weight” rating and set a $30.00 price objective on shares of Curbline Properties in a report on Thursday, June 18th. Citigroup upped their target price on shares of Curbline Properties from $33.00 to $36.00 and gave the company a “buy” rating in a research note on Monday, August 3rd. JPMorgan Chase & Co. increased their price target on shares of Curbline Properties from $30.00 to $31.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. Finally, Wall Street Zen raised Curbline Properties from a “strong sell” rating to a “sell” rating in a report on Saturday, August 1st. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $31.11.
Get Our Latest Research Report on CURB
Institutional Investors Weigh In On Curbline Properties
Several institutional investors and hedge funds have recently made changes to their positions in the company. BlackRock Inc. acquired a new stake in shares of Curbline Properties during the 2nd quarter worth about $531,338,000. Principal Financial Group Inc. boosted its position in Curbline Properties by 110.3% in the first quarter. Principal Financial Group Inc. now owns 5,176,015 shares of the company’s stock valued at $133,489,000 after buying an additional 2,714,859 shares in the last quarter. T. Rowe Price Investment Management Inc. boosted its position 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 valued at $309,687,000 after buying an additional 2,365,894 shares in the last quarter. Deutsche Bank AG acquired a new position in Curbline Properties in the second quarter valued at about $62,145,000. Finally, Jupiter Topco LLC bought a new stake in Curbline Properties during the second quarter worth about $46,975,000.
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.
Featured Articles
- Five stocks we like better than Curbline Properties
- Blueprint for a Boom: SEC Clears the Crypto Runway
- Ross Stores Just Flipped the Off-Price Retail Story After TJX’s Marmaxx Miss
- Advance Auto Parts Plunged, But Its Turnaround Is Still Working
- Is Palo Alto Networks Priced for Perfection Again as AI Security Demand Accelerates?
Receive News & Ratings for Curbline Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Curbline Properties and related companies with MarketBeat.com's FREE daily email newsletter.
