Curbline Properties (NYSE:CURB) Director Alexander Otto Sells 134,269 Shares of Stock

Curbline Properties Corp. (NYSE:CURB) Director Alexander Otto sold 134,269 shares of the business’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $30.11, for a total value of $4,042,839.59. Following the completion of the transaction, the director directly owned 7,773,003 shares of the company’s stock, valued at approximately $234,045,120.33. The trade was a 1.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

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

• 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 value of $1,170,233.96.

Curbline Properties Trading Down 1.3%

NYSE CURB opened at $29.68 on Friday. Curbline Properties Corp. has a one year low of $21.75 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 firm has a market cap of $3.41 billion, a P/E ratio of 109.91 and a beta of 0.51. The stock’s 50-day moving average is $30.40 and its 200-day moving average is $28.03.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. JPMorgan Chase & Co. lifted their price target on shares of Curbline Properties from $30.00 to $31.00 and gave the company an “overweight” rating in a research note on Monday, May 4th. KeyCorp increased their price objective on shares of Curbline Properties from $32.00 to $34.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Weiss Ratings restated a “hold (c+)” rating on shares of Curbline Properties in a report 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 report on Thursday, June 18th. Finally, Citigroup boosted their price objective on shares of Curbline Properties from $33.00 to $36.00 and gave the company a “buy” rating in a research report on Monday. Five investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, Curbline Properties currently has a consensus rating of “Moderate Buy” and an average price target of $31.11.

Institutional Investors Weigh In On Curbline Properties

Hedge funds and other institutional investors have recently bought and sold shares of the company. Maryland State Retirement & Pension System increased its position in shares of Curbline Properties by 3.8% in the fourth quarter. Maryland State Retirement & Pension System now owns 14,322 shares of the company’s stock worth $332,000 after purchasing an additional 525 shares during the period. ProShare Advisors LLC raised its stake in Curbline Properties by 3.2% in the fourth quarter. ProShare Advisors LLC now owns 18,930 shares of the company’s stock valued at $439,000 after purchasing an additional 592 shares in the last quarter. Rockefeller Capital Management L.P. lifted its position in Curbline Properties by 125.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,176 shares of the company’s stock worth $27,000 after purchasing an additional 654 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its position in Curbline Properties by 33.5% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,768 shares of the company’s stock worth $64,000 after purchasing an additional 694 shares during the period. Finally, GSI Capital Advisors LLC lifted its position in Curbline Properties by 0.5% during the fourth quarter. GSI Capital Advisors LLC now owns 158,081 shares of the company’s stock worth $3,669,000 after purchasing an additional 750 shares during the period.

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.