Curbline Properties (NYSE:CURB) Director Alexander Otto Sells 2,344 Shares of Stock

Curbline Properties Corp. (NYSE:CURB) Director Alexander Otto sold 2,344 shares of the business’s stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $29.51, for a total value of $69,171.44. Following the transaction, the director owned 6,550,914 shares in the company, valued at approximately $193,317,472.14. This represents a 0.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Wednesday, September 9th, Alexander Otto sold 33,112 shares of Curbline Properties stock. The shares were sold at an average price of $29.59, for a total value of $979,784.08.
• 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 value of $6,583,380.16.
• On Friday, August 28th, Alexander Otto sold 110,144 shares of Curbline Properties stock. The stock was 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 stock was 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 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 transaction 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 transaction of $4,088,701.80.

Curbline Properties Trading Down 0.8%

CURB stock traded down $0.25 during trading on Monday, reaching $29.07. 1,301,567 shares of the stock were exchanged, compared to its average volume of 1,041,488. 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 business has a 50 day moving average price of $30.22 and a 200-day moving average price of $28.86. Curbline Properties Corp. has a 1 year low of $21.93 and a 1 year high of $32.15. The firm has a market capitalization of $3.34 billion, a price-to-earnings ratio of 107.67 and a beta of 0.49.

Curbline Properties (NYSE:CURB) last posted 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. Curbline Properties had a net margin of 13.10% and a return on equity of 1.50%. The business had revenue of $63.30 million during the quarter, compared to analysts’ expectations of $57.25 million. During the same quarter in the prior year, the company posted $0.26 EPS. The business’s revenue for the quarter was up 52.9% on a year-over-year basis. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. On average, research analysts predict that Curbline Properties Corp. will post 1.25 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have commented on CURB. Citigroup lifted their target price on Curbline Properties from $33.00 to $36.00 and gave the company a “buy” rating in a research report on Monday, August 3rd. Piper Sandler cut their price objective 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 restated an “equal weight” rating and issued a $30.00 price objective on shares of Curbline Properties in a report on Thursday, June 18th. Jefferies Financial Group began coverage on shares of Curbline Properties in a research report on Tuesday, August 25th. They issued a “buy” rating and a $36.00 target price on the stock. Finally, 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. Seven research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Curbline Properties has a consensus rating of “Moderate Buy” and a consensus target price of $32.22.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in shares of Curbline Properties in the second quarter valued at approximately $531,338,000. California State Teachers Retirement System lifted its holdings in Curbline Properties by 2,858.3% during the 2nd quarter. California State Teachers Retirement System now owns 3,412,917 shares of the company’s stock worth $112,267,000 after buying an additional 3,297,550 shares in the last quarter. Principal Financial Group Inc. boosted its position in Curbline Properties by 110.3% in the 1st quarter. Principal Financial Group Inc. now owns 5,176,015 shares of the company’s stock valued at $133,489,000 after buying an additional 2,714,859 shares during the period. Deutsche Bank AG purchased a new position in Curbline Properties in the 2nd quarter valued at approximately $62,145,000. Finally, Jupiter Topco LLC acquired a new position in shares of Curbline Properties in the second quarter worth $46,975,000.

Curbline Properties Company Profile

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.