Curbline Properties (NYSE:CURB) Director Sells $4,068,967.56 in Stock

Curbline Properties Corp. (NYSE:CURB) Director Alexander Otto sold 134,868 shares of the company’s stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $30.17, for a total value of $4,068,967.56. Following the completion of the sale, the director directly owned 6,922,526 shares of the company’s stock, valued at $208,852,609.42. The trade was a 1.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

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

• 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 value of $5,249,705.16.
• 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 value 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 value of $275,556.92.
• 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 shares were sold at an average price of $30.15, for a total transaction of $4,088,701.80.
• On Wednesday, August 12th, Alexander Otto sold 96,331 shares of Curbline Properties stock. The shares were 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 stock was sold at an average price of $29.79, for a total transaction 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 transaction of $4,042,839.59.

Curbline Properties Price Performance

Shares of CURB stock opened at $30.04 on Friday. The firm has a fifty day simple moving average of $30.48 and a 200-day simple moving average of $28.62. The company has a market capitalization of $3.46 billion, a PE ratio of 111.26 and a beta of 0.51. Curbline Properties Corp. has a twelve month low of $21.93 and a twelve month 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.

Curbline Properties (NYSE:CURB) last released its quarterly earnings results on Tuesday, July 28th. The company reported $0.31 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $63.30 million for the quarter, compared to the consensus estimate of $57.25 million. During the same quarter in the previous year, the firm posted $0.26 EPS. The firm’s quarterly 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. Equities research analysts anticipate that Curbline Properties Corp. will post 1.25 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts recently commented on CURB shares. KeyCorp boosted their price target on Curbline Properties from $32.00 to $34.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Morgan Stanley restated an “equal weight” rating and set a $30.00 price objective on shares of Curbline Properties in a research note on Thursday, June 18th. Citigroup lifted their price objective on Curbline Properties from $33.00 to $36.00 and gave the stock a “buy” rating in a report on Monday, August 3rd. 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. Finally, Wolfe Research cut Curbline Properties from an “outperform” rating to a “peer perform” rating in a research note on Monday, June 15th. Seven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $31.50.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in CURB. Amundi increased its position in shares of Curbline Properties by 2.1% in the 2nd quarter. Amundi now owns 53,080 shares of the company’s stock worth $1,614,000 after purchasing an additional 1,113 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Curbline Properties in the 2nd quarter valued at about $2,327,000. California State Teachers Retirement System lifted its position 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 worth $112,267,000 after purchasing an additional 3,297,550 shares during the last quarter. Greenland Capital Management LP lifted its position in shares of Curbline Properties by 611.5% during the second quarter. Greenland Capital Management LP now owns 71,150 shares of the company’s stock worth $2,163,000 after purchasing an additional 61,150 shares during the last quarter. Finally, Nykredit A S acquired a new position in Curbline Properties in the second quarter worth about $55,000.

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.