Curbline Properties (NYSE:CURB) Director Sells $979,784.08 in Stock

Curbline Properties Corp. (NYSE:CURB) Director Alexander Otto sold 33,112 shares of Curbline Properties stock in a transaction that occurred on Wednesday, September 9th. The stock was sold at an average price of $29.59, for a total transaction of $979,784.08. Following the completion of the transaction, the director directly owned 6,553,258 shares in the company, valued at $193,910,904.22. This represents a 0.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Tuesday, September 8th, Alexander Otto sold 221,812 shares of Curbline Properties stock. The stock was sold at an average price of $29.68, for a total transaction 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 stock was 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 stock was 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 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 stock was 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 value of $2,895,709.86.

Curbline Properties Trading Up 0.5%

Shares of Curbline Properties stock traded up $0.15 on Thursday, reaching $29.46. 1,359,761 shares of the company were exchanged, compared to its average volume of 1,039,859. The stock has a fifty day moving average price of $30.26 and a 200-day moving average price of $28.84. The firm has a market capitalization of $3.39 billion, a price-to-earnings ratio of 109.10 and a beta of 0.49. 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 Corp. has a fifty-two week low of $21.93 and a fifty-two week high of $32.15.

Curbline Properties (NYSE:CURB) last released its quarterly earnings results on Tuesday, July 28th. The company reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.27. The business had revenue of $63.30 million during the quarter, compared to analyst estimates of $57.25 million. Curbline Properties had a return on equity of 1.50% and a net margin of 13.10%.Curbline Properties’s revenue for the quarter was up 52.9% on a year-over-year basis. During the same quarter last year, the company posted $0.26 EPS. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. On average, analysts expect that Curbline Properties Corp. will post 1.25 EPS for the current year.

Hedge Funds Weigh In On Curbline Properties

Several institutional investors and hedge funds have recently bought and sold shares of the business. Rockefeller Capital Management L.P. increased its holdings in shares of Curbline Properties by 125.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,176 shares of the company’s stock valued at $27,000 after purchasing an additional 654 shares during the period. Nykredit A S purchased a new stake in shares of Curbline Properties in the second quarter worth approximately $55,000. Parallel Advisors LLC boosted its holdings in shares of Curbline Properties by 393.7% during the third quarter. Parallel Advisors LLC now owns 2,039 shares of the company’s stock worth $45,000 after purchasing an additional 1,626 shares during the period. Federation des caisses Desjardins du Quebec boosted its holdings in shares of Curbline Properties by 25.9% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 8,128 shares of the company’s stock worth $189,000 after purchasing an additional 1,672 shares during the period. Finally, Sanctuary Advisors LLC acquired a new stake in shares of Curbline Properties during the first quarter worth approximately $224,000.

Analyst Upgrades and Downgrades

Several brokerages have commented on CURB. KeyCorp raised their target price 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. Weiss Ratings upgraded shares of Curbline Properties from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, August 12th. Morgan Stanley reaffirmed an “equal weight” rating and issued a $30.00 price objective on shares of Curbline Properties in a research note on Thursday, June 18th. Citigroup raised their price objective on shares of Curbline Properties from $33.00 to $36.00 and gave the stock a “buy” rating in a research note on Monday, August 3rd. Finally, Piper Sandler lowered their price objective on shares of Curbline Properties from $40.00 to $39.00 and set an “overweight” rating on the stock in a research report on Thursday, August 27th. Seven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Curbline Properties currently has a consensus rating of “Moderate Buy” and an average price target of $32.22.

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.