Insider Selling: Curbline Properties (NYSE:CURB) Director Sells $609,336.00 in Stock

Curbline Properties Corp. (NYSE:CURBGet Free Report) Director Alexander Otto sold 20,475 shares of the company’s stock in a transaction on Friday, August 7th. The shares were sold at an average price of $29.76, for a total transaction of $609,336.00. Following the completion of the transaction, the director owned 7,643,162 shares of the company’s stock, valued at $227,460,501.12. This represents a 0.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

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

  • 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 value of $4,042,839.59.
  • On Tuesday, August 4th, Alexander Otto sold 38,788 shares of Curbline Properties stock. The shares were sold at an average price of $30.17, for a total value of $1,170,233.96.

Curbline Properties Stock Performance

Shares of NYSE CURB traded up $0.26 during trading hours on Monday, reaching $29.88. The stock had a trading volume of 1,083,228 shares, compared to its average volume of 984,849. The firm has a market cap of $3.44 billion, a price-to-earnings ratio of 110.67 and a beta of 0.51. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.17. Curbline Properties Corp. has a fifty-two week low of $21.75 and a fifty-two week high of $32.15. The firm has a 50-day moving average of $30.41 and a 200-day moving average of $28.07.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Royal Bank of Canada boosted its holdings in Curbline Properties by 43.7% in the 1st quarter. Royal Bank of Canada now owns 17,595 shares of the company’s stock valued at $425,000 after purchasing an additional 5,351 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Curbline Properties by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 56,529 shares of the company’s stock valued at $1,367,000 after buying an additional 2,483 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of Curbline Properties by 11.9% in the first quarter. Goldman Sachs Group Inc. now owns 727,420 shares of the company’s stock valued at $17,596,000 after buying an additional 77,322 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of Curbline Properties in the first quarter valued at approximately $4,025,000. Finally, Intech Investment Management LLC grew its holdings in Curbline Properties by 58.6% during the first quarter. Intech Investment Management LLC now owns 51,984 shares of the company’s stock worth $1,257,000 after acquiring an additional 19,204 shares during the period.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on CURB shares. Wolfe Research downgraded Curbline Properties from an “outperform” rating to a “peer perform” rating in a report on Monday, June 15th. KeyCorp increased their price target on shares of Curbline Properties from $32.00 to $34.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Piper Sandler raised their price objective on shares of Curbline Properties from $39.00 to $40.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. JPMorgan Chase & Co. lifted their price objective on shares of Curbline Properties from $30.00 to $31.00 and gave the company an “overweight” rating in a research note on Monday, May 4th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Curbline Properties in a report on Wednesday, July 29th. Five analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $31.11.

Get Our Latest Analysis on Curbline Properties

Curbline Properties Company Profile

(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.

Further Reading

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