Alexander Otto Sells 9,173 Shares of Curbline Properties (NYSE:CURB) Stock

Curbline Properties Corp. (NYSE:CURB) Director Alexander Otto sold 9,173 shares of the firm’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $30.04, for a total transaction of $275,556.92. Following the transaction, the director directly owned 7,265,820 shares in the company, valued at approximately $218,265,232.80. The trade was a 0.13% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

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

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

Curbline Properties Price Performance

NYSE CURB traded up $0.01 on Tuesday, reaching $30.00. 908,560 shares of the stock traded hands, compared to its average volume of 984,109. The firm’s fifty day simple moving average is $30.52 and its 200 day simple moving average is $28.31. 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 company has a market cap of $3.45 billion, a price-to-earnings ratio of 111.10 and a beta of 0.51. Curbline Properties Corp. has a 12 month low of $21.93 and a 12 month high of $32.15.

Curbline Properties (NYSE:CURB) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $0.31 earnings per share (EPS) 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 company had revenue of $63.30 million for the quarter, compared to analysts’ expectations of $57.25 million. During the same period last year, the firm earned $0.26 EPS. The firm’s revenue for the quarter 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, research analysts predict that Curbline Properties Corp. will post 1.26 EPS for the current fiscal year.

Hedge Funds Weigh In On Curbline Properties

Institutional investors have recently bought and sold shares of the stock. Public Employees Retirement System of Ohio acquired a new stake in Curbline Properties during the 2nd quarter worth about $5,769,000. Bamco Inc. NY acquired a new position in shares of Curbline Properties in the second quarter worth about $5,765,000. Bank of America Corp DE acquired a new position in shares of Curbline Properties in the second quarter worth about $17,946,000. Man Group plc purchased a new position in shares of Curbline Properties in the second quarter worth approximately $1,253,000. Finally, Jupiter Topco LLC purchased a new position in shares of Curbline Properties in the second quarter worth approximately $46,975,000.

Wall Street Analyst Weigh In

CURB has been the topic of several research reports. Wolfe Research cut shares of Curbline Properties from an “outperform” rating to a “peer perform” rating in a research report on Monday, June 15th. JPMorgan Chase & Co. lifted their price objective on shares of Curbline Properties from $30.00 to $31.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. KeyCorp lifted their price objective on shares of Curbline Properties from $32.00 to $34.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Piper Sandler boosted their target price on shares of Curbline Properties from $39.00 to $40.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Finally, Citigroup increased their target price on shares of Curbline Properties from $33.00 to $36.00 and gave the company a “buy” rating in a research note on Monday, August 3rd. Six research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Curbline Properties has a consensus rating of “Moderate Buy” and an average price target 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.