Insider Selling: Curbline Properties (NYSE:CURB) Director Sells $36,300.60 in Stock

Curbline Properties Corp. (NYSE:CURB) Director Alexander Otto sold 1,206 shares of the company’s stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $30.10, for a total transaction of $36,300.60. Following the sale, the director owned 7,231,687 shares of the company’s stock, valued at $217,673,778.70. This trade represents a 0.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

• 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 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 shares were sold at an average price of $30.06, for a total value 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 value 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 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 shares were sold at an average price of $30.17, for a total value of $1,170,233.96.

Curbline Properties Stock Performance

Shares of NYSE CURB opened at $29.47 on Friday. The business has a fifty day simple moving average of $30.49 and a 200 day simple moving average of $28.44. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $3.39 billion, a price-to-earnings ratio of 109.15 and a beta of 0.51. Curbline Properties Corp. has a one year low of $21.93 and a one year high of $32.15.

Curbline Properties (NYSE:CURB) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.04 by $0.27. The firm had revenue of $63.30 million for the quarter, compared to the consensus estimate of $57.25 million. Curbline Properties had a net margin of 13.10% and a return on equity of 1.50%. The business’s revenue was up 52.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.26 earnings per share. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. Sell-side analysts expect that Curbline Properties Corp. will post 1.26 EPS for the current year.

Institutional Trading of Curbline Properties

Several large investors have recently added to or reduced their stakes in the company. BlackRock Inc. bought a new position in shares of Curbline Properties in the second quarter valued at approximately $531,338,000. Principal Financial Group Inc. grew its position in 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 acquiring an additional 2,714,859 shares during the last quarter. T. Rowe Price Investment Management Inc. grew its position in 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 acquiring an additional 2,365,894 shares during the last quarter. Deutsche Bank AG acquired a new stake in Curbline Properties during the 2nd quarter valued at $62,145,000. Finally, Jupiter Topco LLC acquired a new stake in Curbline Properties during the 2nd quarter valued at $46,975,000.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Wolfe Research lowered shares of Curbline Properties from an “outperform” rating to a “peer perform” rating in a research report on Monday, June 15th. KeyCorp lifted their price objective on Curbline Properties from $32.00 to $34.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Citigroup upped their price objective on Curbline Properties from $33.00 to $36.00 and gave the company a “buy” rating in a research note on Monday, August 3rd. JPMorgan Chase & Co. increased their target price on Curbline Properties from $30.00 to $31.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Finally, Weiss Ratings upgraded Curbline Properties from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, August 12th. Six investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Curbline Properties has a consensus rating of “Moderate Buy” and a consensus target price of $31.11.

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.