Curbline Properties Corp. (NYSE:CURB – Get Free Report) Director Alexander Otto sold 110,144 shares of the business’s stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $30.11, for a total value of $3,316,435.84. Following the sale, the director owned 6,811,882 shares of the company’s stock, valued at approximately $205,105,767.02. This trade represents a 1.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.
Alexander Otto also recently made the following trade(s):
- 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 value 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 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 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 transaction of $2,895,709.86.
- On Friday, August 7th, Alexander Otto sold 20,475 shares of Curbline Properties stock. The stock was 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.
Curbline Properties Price Performance
Shares of NYSE CURB opened at $29.35 on Thursday. The firm has a 50-day simple moving average of $30.26 and a 200-day simple moving average of $28.84. The stock has a market capitalization of $3.38 billion, a price-to-earnings ratio of 108.70 and a beta of 0.49. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.17. Curbline Properties Corp. has a 52 week low of $21.93 and a 52 week high of $32.15.
Wall Street Analysts Forecast Growth
Several brokerages have recently weighed in on CURB. Morgan Stanley restated an “equal weight” rating and set a $30.00 target price on shares of Curbline Properties in a report on Thursday, June 18th. KeyCorp increased their price target on Curbline Properties from $32.00 to $34.00 and gave the company 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 report on Wednesday, August 12th. Citigroup boosted their price objective on Curbline Properties from $33.00 to $36.00 and gave the stock a “buy” rating in a research note on Monday, August 3rd. Finally, Wall Street Zen upgraded Curbline Properties from a “strong sell” rating to a “sell” rating in a report on Saturday, August 1st. Seven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Curbline Properties has an average rating of “Moderate Buy” and a consensus target price of $32.22.
Check Out Our Latest Report on Curbline Properties
Hedge Funds Weigh In On Curbline Properties
Institutional investors and hedge funds have recently bought and sold shares of the company. BlackRock Inc. purchased a new stake in Curbline Properties in the second quarter valued at $531,338,000. California State Teachers Retirement System grew its holdings in shares of 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 purchasing an additional 3,297,550 shares during the period. Principal Financial Group Inc. grew its holdings in shares of Curbline Properties by 110.3% during the 1st 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. increased its position in shares of Curbline Properties by 21.6% during the 4th 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 last quarter. Finally, Deutsche Bank AG acquired a new stake in shares of Curbline Properties during the 2nd quarter worth about $62,145,000.
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.
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