Curbline Properties (NYSE:CURB) Director Sells $275,556.92 in Stock

Curbline Properties Corp. (NYSE:CURB) Director Alexander Otto sold 9,173 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $30.04, for a total transaction of $275,556.92. Following the sale, the director directly owned 7,265,820 shares of the company’s stock, valued at approximately $218,265,232.80. This trade represents a 0.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Wednesday, August 19th, Alexander Otto sold 1,206 shares of Curbline Properties stock. The shares were 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 transaction of $988,468.54.
• On Friday, August 14th, Alexander Otto sold 136,226 shares of Curbline Properties stock. The stock was 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 transaction 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 transaction 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 shares were 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 stock was sold at an average price of $30.17, for a total transaction of $1,170,233.96.

Curbline Properties Trading Down 1.6%

Curbline Properties stock opened at $29.50 on Friday. The firm has a 50-day moving average of $30.52 and a 200-day moving average of $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. The company has a market cap of $3.39 billion, a price-to-earnings ratio of 109.26 and a beta of 0.51.

Curbline Properties (NYSE:CURB) last released its 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 period last year, the business earned $0.26 earnings per share. The firm’s revenue 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, equities analysts expect that Curbline Properties Corp. will post 1.26 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently commented on CURB. Piper Sandler raised their target price on shares of Curbline Properties from $39.00 to $40.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Weiss Ratings upgraded Curbline Properties from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, August 12th. JPMorgan Chase & Co. upped their target price on Curbline Properties from $30.00 to $31.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. Citigroup increased their target price on Curbline Properties from $33.00 to $36.00 and gave the stock a “buy” rating in a report on Monday, August 3rd. Finally, Wall Street Zen raised Curbline Properties from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 1st. Six analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Curbline Properties has an average rating of “Moderate Buy” and a consensus target price of $31.11.

Institutional Investors Weigh In On Curbline Properties

Hedge funds have recently added to or reduced their stakes in the business. UBS Group AG lifted its stake in shares of Curbline Properties by 175.2% in the fourth quarter. UBS Group AG now owns 425,331 shares of the company’s stock worth $9,872,000 after buying an additional 270,800 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Curbline Properties by 5.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,523,270 shares of the company’s stock worth $35,355,000 after acquiring an additional 74,477 shares during the last quarter. Principal Financial Group Inc. raised its holdings in Curbline Properties by 426.5% in the 4th quarter. Principal Financial Group Inc. now owns 2,461,156 shares of the company’s stock worth $57,123,000 after acquiring an additional 1,993,711 shares during the last quarter. Diamond Hill Capital Management Inc. raised its holdings in Curbline Properties by 48.7% in the 4th quarter. Diamond Hill Capital Management Inc. now owns 177,437 shares of the company’s stock worth $4,118,000 after acquiring an additional 58,138 shares during the last quarter. Finally, First Trust Advisors LP lifted its position in Curbline Properties by 410.6% in the 1st quarter. First Trust Advisors LP now owns 308,144 shares of the company’s stock valued at $7,947,000 after acquiring an additional 247,797 shares in the last quarter.

Curbline Properties Company Profile

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.