Curbline Properties Corp. (NYSE:CURB – Get 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.
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
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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