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

Curbline Properties Corp. (NYSE:CURBGet Free Report) Director Alexander Otto sold 134,868 shares of the business’s stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $30.17, for a total transaction of $4,068,967.56. Following the completion of the transaction, the director 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

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

  • On Tuesday, August 25th, Alexander Otto sold 174,293 shares of Curbline Properties stock. The stock was 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 shares were 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 stock was 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 value 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 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 stock was sold at an average price of $30.11, for a total transaction of $4,042,839.59.

Curbline Properties Trading Down 0.7%

Shares of CURB stock traded down $0.22 during trading hours on Thursday, hitting $29.90. 876,621 shares of the company were exchanged, compared to its average volume of 1,017,914. The company has a 50 day simple moving average of $30.47 and a two-hundred day simple moving average of $28.58. The firm has a market cap of $3.44 billion, a P/E ratio of 110.75 and a beta of 0.51. 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 fifty-two week low of $21.93 and a fifty-two week high of $32.15.

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

Analyst Ratings Changes

Several brokerages have recently weighed in on CURB. Citigroup upped their price objective on shares of Curbline Properties from $33.00 to $36.00 and gave the company a “buy” rating in a report on Monday, August 3rd. Morgan Stanley reaffirmed an “equal weight” rating and issued a $30.00 target price on shares of Curbline Properties in a research report on Thursday, June 18th. Piper Sandler dropped their price target on Curbline Properties from $40.00 to $39.00 and set an “overweight” rating on the stock in a research note on Thursday. Jefferies Financial Group assumed coverage on Curbline Properties in a research note on Tuesday. They issued a “buy” rating and a $36.00 price objective for the company. Finally, Wall Street Zen upgraded Curbline Properties from a “strong sell” rating to a “sell” rating in a report on Saturday, August 1st. Seven analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Curbline Properties has an average rating of “Moderate Buy” and an average target price of $31.50.

Get Our Latest Analysis on CURB

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in CURB. Rockefeller Capital Management L.P. grew its holdings 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 valued at $27,000 after buying an additional 654 shares during the last quarter. Parallel Advisors LLC raised its holdings in shares of Curbline Properties by 393.7% in 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 during the last quarter. Nykredit A S bought a new position in Curbline Properties in the 2nd quarter valued at about $55,000. Federation des caisses Desjardins du Quebec lifted its position in 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 valued at $189,000 after acquiring an additional 1,672 shares in the last quarter. Finally, BNP Paribas Financial Markets boosted its stake in Curbline Properties by 28.5% during the 2nd quarter. BNP Paribas Financial Markets now owns 9,437 shares of the company’s stock valued at $215,000 after purchasing an additional 2,091 shares during the last quarter.

About Curbline Properties

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Curbline Properties (NYSE:CURB)

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