Curbline Properties (NYSE:CURB) Director Alexander Otto Sells 221,812 Shares

Curbline Properties Corp. (NYSE:CURB) Director Alexander Otto sold 221,812 shares of the business’s stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $29.68, for a total transaction of $6,583,380.16. Following the transaction, the director directly owned 6,586,370 shares in the company, valued at approximately $195,483,461.60. The trade was a 3.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link.

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

• On Wednesday, September 9th, Alexander Otto sold 33,112 shares of Curbline Properties stock. The stock was sold at an average price of $29.59, for a total transaction of $979,784.08.
• 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 transaction 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 transaction of $4,068,967.56.
• On Tuesday, August 25th, Alexander Otto sold 174,293 shares of Curbline Properties stock. The shares were sold at an average price of $30.12, for a total transaction 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 transaction 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 transaction of $988,468.54.
• 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 transaction 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.

Curbline Properties Stock Up 0.5%

Shares of NYSE:CURB opened at $29.46 on Friday. The firm has a market capitalization of $3.39 billion, a P/E ratio of 109.10 and a beta of 0.49. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.63 and a current ratio of 0.63. The stock has a 50 day moving average price of $30.24 and a 200-day moving average price of $28.85. Curbline Properties Corp. has a 52-week low of $21.93 and a 52-week high of $32.15.

Curbline Properties (NYSE:CURB) last released its quarterly earnings results on Tuesday, July 28th. The company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.27. The company had revenue of $63.30 million for the quarter, compared to analyst estimates of $57.25 million. Curbline Properties had a return on equity of 1.50% and a net margin of 13.10%.The firm’s revenue was up 52.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.26 earnings per share. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. As a group, equities research analysts anticipate that Curbline Properties Corp. will post 1.25 EPS for the current fiscal year.

Hedge Funds Weigh In On Curbline Properties

Several institutional investors and hedge funds have recently modified their holdings of CURB. BlackRock Inc. bought a new position in shares of Curbline Properties in the second quarter worth approximately $531,338,000. California State Teachers Retirement System grew its holdings in shares of Curbline Properties by 2,858.3% during the second quarter. California State Teachers Retirement System now owns 3,412,917 shares of the company’s stock valued at $112,267,000 after buying an additional 3,297,550 shares during the last quarter. Principal Financial Group Inc. increased its position in shares of Curbline Properties by 110.3% during the first quarter. Principal Financial Group Inc. now owns 5,176,015 shares of the company’s stock valued at $133,489,000 after acquiring an additional 2,714,859 shares in the last quarter. T. Rowe Price Investment Management Inc. increased its position in shares of 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 valued at $309,687,000 after acquiring an additional 2,365,894 shares in the last quarter. Finally, Deutsche Bank AG purchased a new position in Curbline Properties in the 2nd quarter worth approximately $62,145,000.

Analyst Ratings Changes

A number of analysts have recently weighed in on CURB shares. 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. Wall Street Zen raised shares of Curbline Properties from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 1st. Jefferies Financial Group started coverage on shares of Curbline Properties in a research note on Tuesday, August 25th. They set a “buy” rating and a $36.00 price objective on the stock. Wolfe Research cut shares of Curbline Properties from an “outperform” rating to a “peer perform” rating in a report on Monday, June 15th. Finally, Citigroup raised their target price on shares of Curbline Properties from $33.00 to $36.00 and gave the company a “buy” rating in a research note on Monday, August 3rd. Seven analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $32.22.

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.