Curbline Properties (NYSE:CURB) Director Alexander Otto Sells 32,927 Shares

Curbline Properties Corp. (NYSE:CURB) Director Alexander Otto sold 32,927 shares of the company’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $30.02, for a total transaction of $988,468.54. Following the completion of the sale, the director directly owned 7,232,893 shares in the company, valued at approximately $217,131,447.86. The trade was a 0.45% decrease in their ownership of the stock. The sale was disclosed in a document filed 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 stock was sold at an average price of $30.10, for a total value of $36,300.60.
• On Monday, August 17th, Alexander Otto sold 9,173 shares of Curbline Properties stock. The stock was 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.
• 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 shares were 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.
• 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 transaction of $1,170,233.96.

Curbline Properties Price Performance

NYSE:CURB opened at $29.50 on Friday. The company has a market cap of $3.39 billion, a P/E ratio of 109.26 and a beta of 0.51. The firm’s fifty day moving average price is $30.52 and its two-hundred day moving average price is $28.44. Curbline Properties Corp. has a one year low of $21.93 and a one year high of $32.15. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.63 and a quick ratio of 0.63.

Curbline Properties (NYSE:CURB) last posted its earnings results on Tuesday, July 28th. The company reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.04 by $0.27. The company had revenue of $63.30 million during the quarter, compared to analysts’ expectations 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 last year, the company posted $0.26 EPS. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. Equities analysts expect that Curbline Properties Corp. will post 1.26 earnings per share for the current year.

Institutional Investors Weigh In On Curbline Properties

A number of large investors have recently added to or reduced their stakes in CURB. BlackRock Inc. acquired a new position in Curbline Properties in the second quarter valued at about $531,338,000. Principal Financial Group Inc. lifted its position in Curbline Properties by 110.3% during the first quarter. Principal Financial Group Inc. now owns 5,176,015 shares of the company’s stock worth $133,489,000 after purchasing an additional 2,714,859 shares during the period. T. Rowe Price Investment Management Inc. lifted its position in Curbline Properties by 21.6% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 13,342,821 shares of the company’s stock worth $309,687,000 after purchasing an additional 2,365,894 shares during the period. Deutsche Bank AG acquired a new stake in Curbline Properties during the second quarter worth about $62,145,000. Finally, Jupiter Topco LLC acquired a new stake in Curbline Properties during the second quarter worth about $46,975,000.

Analyst Ratings Changes

Several analysts recently issued reports on CURB shares. Morgan Stanley restated an “equal weight” rating and issued a $30.00 price target on shares of Curbline Properties in a research note on Thursday, June 18th. Wall Street Zen upgraded Curbline Properties from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 1st. KeyCorp lifted their target price on Curbline Properties from $32.00 to $34.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Citigroup boosted their target price on shares of Curbline Properties from $33.00 to $36.00 and gave the company a “buy” rating in a research report on Monday, August 3rd. Finally, Wolfe Research downgraded shares of Curbline Properties from an “outperform” rating to a “peer perform” rating in a research note on Monday, June 15th. Six research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $31.11.

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.