Curbline Properties (NYSE:CURB) Director Sells $988,468.54 in Stock

Curbline Properties Corp. (NYSE:CURB) Director Alexander Otto sold 32,927 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $30.02, for a total value of $988,468.54. Following the transaction, the director owned 7,232,893 shares of the company’s stock, valued at approximately $217,131,447.86. This represents a 0.45% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• 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 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 transaction 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 transaction 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 transaction 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 shares were 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 shares were sold at an average price of $29.79, for a total transaction 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 transaction of $4,042,839.59.
• 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 transaction of $1,170,233.96.

Curbline Properties Trading Down 1.6%

CURB stock traded down $0.47 during trading on Thursday, reaching $29.50. The company had a trading volume of 1,330,654 shares, compared to its average volume of 1,019,421. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.63 and a quick ratio of 0.63. Curbline Properties Corp. has a 52 week low of $21.93 and a 52 week high of $32.15. The business has a 50 day moving average of $30.53 and a 200 day moving average of $28.40. The company has a market cap of $3.39 billion, a P/E ratio of 109.26 and a beta of 0.51.

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. UBS Group AG grew its position in Curbline Properties by 175.2% during the 4th quarter. UBS Group AG now owns 425,331 shares of the company’s stock valued at $9,872,000 after purchasing an additional 270,800 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Curbline Properties by 5.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,523,270 shares of the company’s stock worth $35,355,000 after buying an additional 74,477 shares during the last quarter. Principal Financial Group Inc. raised its holdings in Curbline Properties by 426.5% in the fourth quarter. Principal Financial Group Inc. now owns 2,461,156 shares of the company’s stock worth $57,123,000 after buying an additional 1,993,711 shares during the last quarter. Diamond Hill Capital Management Inc. lifted its stake in shares of Curbline Properties by 48.7% in the fourth quarter. Diamond Hill Capital Management Inc. now owns 177,437 shares of the company’s stock worth $4,118,000 after buying an additional 58,138 shares in the last quarter. Finally, First Trust Advisors LP lifted its stake in shares of Curbline Properties by 410.6% in the first quarter. First Trust Advisors LP now owns 308,144 shares of the company’s stock worth $7,947,000 after buying an additional 247,797 shares in the last quarter.

Wall Street Analysts Forecast Growth

CURB has been the subject of a number of research reports. Wall Street Zen upgraded Curbline Properties from a “strong sell” rating to a “sell” rating in a report on Saturday, August 1st. Piper Sandler boosted their target price on shares of Curbline Properties from $39.00 to $40.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Citigroup upped their target price on shares of Curbline Properties from $33.00 to $36.00 and gave the stock a “buy” rating in a research report on Monday, August 3rd. Morgan Stanley reiterated an “equal weight” rating and issued a $30.00 price target on shares of Curbline Properties in a research note on Thursday, June 18th. Finally, Weiss Ratings raised shares of 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 stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $31.11.

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.