Curbline Properties Corp. (NYSE:CURB – Get Free Report) Director Alexander Otto sold 33,112 shares of the business’s stock in a transaction on Wednesday, September 9th. The stock was 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 in the company, valued at approximately $193,910,904.22. The trade was a 0.50% decrease in their position. The transaction was disclosed in a legal 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 transaction of $6,583,380.16.
- On Friday, August 28th, Alexander Otto sold 110,144 shares of Curbline Properties stock. The shares were 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 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 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 value of $2,895,709.86.
Curbline Properties Stock Performance
NYSE:CURB opened at $29.33 on Friday. The stock’s 50-day moving average is $30.22 and its 200-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. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.17. The stock has a market cap of $3.37 billion, a P/E ratio of 108.63 and a beta of 0.49.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the company. Rockefeller Capital Management L.P. increased its position 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 buying an additional 654 shares during the period. Parallel Advisors LLC lifted its holdings in Curbline Properties by 393.7% in the third quarter. Parallel Advisors LLC now owns 2,039 shares of the company’s stock valued at $45,000 after buying an additional 1,626 shares during the period. Nykredit A S acquired a new position in Curbline Properties in the second quarter valued at $55,000. Federation des caisses Desjardins du Quebec boosted its position in Curbline Properties by 25.9% during the fourth 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 during the last quarter. Finally, BNP Paribas Financial Markets boosted its position in Curbline Properties by 28.5% during the second quarter. BNP Paribas Financial Markets now owns 9,437 shares of the company’s stock valued at $215,000 after acquiring an additional 2,091 shares during the last quarter.
Analyst Upgrades and Downgrades
Several research firms have recently issued reports on CURB. Weiss Ratings raised shares of Curbline Properties from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, August 12th. Jefferies Financial Group assumed coverage on Curbline Properties in a report on Tuesday, August 25th. They issued a “buy” rating and a $36.00 price objective for the company. Piper Sandler lowered their target price on Curbline Properties from $40.00 to $39.00 and set an “overweight” rating for the company in a research report on Thursday, August 27th. Morgan Stanley reaffirmed an “equal weight” rating and set a $30.00 target price on shares of Curbline Properties in a report on Thursday, June 18th. Finally, Wolfe Research lowered Curbline Properties from an “outperform” rating to a “peer perform” rating in a research report on Monday, June 15th. Seven investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $32.22.
Get Our Latest Research Report on CURB
About Curbline Properties
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.
See Also
- Five stocks we like better than Curbline Properties
- Rocket Lab Tackles a Supply Chain Bottleneck as the Stock Hunts for a Bottom. Time to Buy?
- Optical Cable Corporation Is Starting to Get the Market’s Attention
- Oil Above $100 Is Creating a New Opportunity Beyond the Major Producers
- Is Nike’s Index Demotion a Warning or a Buying Opportunity?
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.
