Curbline Properties Corp. (NYSE:CURB – Get Free Report) Director Alexander Otto sold 839 shares of the company’s stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $29.52, for a total value of $24,767.28. Following the completion of the sale, the director owned 6,550,075 shares of the company’s stock, valued at $193,358,214. This represents a 0.01% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Alexander Otto also recently made the following trade(s):
- On Thursday, September 10th, Alexander Otto sold 2,344 shares of Curbline Properties stock. The stock was sold at an average price of $29.51, for a total value of $69,171.44.
- On Wednesday, September 9th, Alexander Otto sold 33,112 shares of Curbline Properties stock. The stock was 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 shares were 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 shares were sold at an average price of $30.11, for a total transaction of $3,316,435.84.
- 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 transaction 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 transaction 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 transaction of $36,300.60.
- On Tuesday, August 18th, Alexander Otto sold 32,927 shares of Curbline Properties stock. The shares were sold at an average price of $30.02, for a total transaction 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 transaction 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 transaction of $4,120,836.50.
Curbline Properties Price Performance
Shares of CURB stock opened at $28.71 on Friday. Curbline Properties Corp. has a 12-month low of $22.08 and a 12-month high of $32.15. The firm has a market capitalization of $3.30 billion, a price-to-earnings ratio of 106.32 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. The firm has a fifty day moving average of $30.10 and a 200-day moving average of $28.89.
Curbline Properties Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Investors of record on Tuesday, September 29th will be paid a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Tuesday, September 29th. Curbline Properties’s dividend payout ratio is presently 251.85%.
Trending Headlines about Curbline Properties
Here are the key news stories impacting Curbline Properties this week:
- Positive Sentiment: Portfolio expansion: Curbline agreed to acquire an $18 million shopping center in Arden Hills, Minnesota, bringing its local investment total above $60 million. The purchase expands the company’s presence in convenience-oriented retail properties and could support future rental income and operating growth. New York REIT snags $18M Arden Hills shopping center, pushing local total past $60M
- Positive Sentiment: Dividend provides income support: Curbline declared a quarterly dividend of $0.17 per share, payable October 14 to shareholders of record September 29. The annualized $0.68 payout represents an approximately 2.4% yield, which may appeal to income-focused REIT investors. Curbline Properties Declares Common Stock Dividend of $0.17 for Third Quarter 2026
- Positive Sentiment: Retail REIT sector remains attractive: Analysts highlighted Curbline alongside other retail REITs, citing limited retail supply, strong leasing demand and liquidity. These characteristics could help offset pressure from elevated borrowing costs following the Federal Reserve’s rate hike. Why These 4 Retail REITs Merit Attention Even After Fed’s Rate Hike
- Neutral Sentiment: Insider selling: Director Alexander Otto sold 839 shares for about $24,800 and has made several larger sales in recent weeks. However, he still owns more than 6.5 million shares, making the latest transaction a very small reduction in his position. Alexander Otto Sells 839 Shares of Curbline Properties
Hedge Funds Weigh In On Curbline Properties
Several hedge funds have recently made changes to their positions in CURB. BlackRock Inc. bought a new stake in shares of Curbline Properties in the second quarter worth $531,338,000. Principal Financial Group Inc. increased its stake 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 last quarter. Alyeska Investment Group L.P. increased its stake in Curbline Properties by 50.2% in the 2nd quarter. Alyeska Investment Group L.P. now owns 3,457,221 shares of the company’s stock valued at $105,100,000 after buying an additional 1,155,731 shares during the last quarter. Deutsche Bank AG acquired a new stake in Curbline Properties in the 2nd quarter valued at $62,145,000. Finally, Wellington Management Group LLP lifted its position in Curbline Properties by 138.3% during the 2nd quarter. Wellington Management Group LLP now owns 1,987,340 shares of the company’s stock worth $60,415,000 after buying an additional 1,153,326 shares in the last quarter.
Analyst Upgrades and Downgrades
Several research analysts have recently weighed in on the stock. Piper Sandler reduced their price target on shares of Curbline Properties from $40.00 to $39.00 and set an “overweight” rating for the company in a report on Thursday, August 27th. KeyCorp raised their price objective on shares of Curbline Properties from $32.00 to $34.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. 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, August 3rd. Wolfe Research lowered shares of Curbline Properties from an “outperform” rating to a “peer perform” rating in a research note on Monday, June 15th. Finally, Weiss Ratings upgraded Curbline Properties from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, August 12th. Seven investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $32.22.
Check Out Our Latest Stock Analysis on CURB
About Curbline Properties
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.
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