Insider Selling: Curbline Properties (NYSE:CURB) Director Sells 221,812 Shares of Stock

Curbline Properties Corp. (NYSE:CURBGet Free Report) Director Alexander Otto sold 221,812 shares of Curbline Properties stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $29.68, for a total value of $6,583,380.16. Following the completion of the transaction, the director owned 6,586,370 shares in the company, valued at $195,483,461.60. This trade represents a 3.26% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

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

  • On Wednesday, September 9th, Alexander Otto sold 33,112 shares of Curbline Properties stock. The shares were sold at an average price of $29.59, for a total transaction of $979,784.08.
  • 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 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 transaction 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 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 value of $2,895,709.86.

Curbline Properties Stock Up 0.5%

Shares of CURB stock traded up $0.15 during trading hours on Thursday, reaching $29.46. 1,359,761 shares of the company’s stock were exchanged, compared to its average volume of 1,039,859. Curbline Properties Corp. has a fifty-two week low of $21.93 and a fifty-two week high of $32.15. The stock’s 50 day moving average is $30.26 and its 200-day moving average is $28.84. 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 company has a market cap of $3.39 billion, a price-to-earnings ratio of 109.10 and a beta of 0.49.

Curbline Properties (NYSE:CURBGet Free Report) last posted its quarterly earnings data 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. Curbline Properties had a return on equity of 1.50% and a net margin of 13.10%.The firm had revenue of $63.30 million during the quarter, compared to analysts’ expectations of $57.25 million. During the same quarter last year, the firm earned $0.26 EPS. The business’s quarterly 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. Analysts predict that Curbline Properties Corp. will post 1.25 earnings per share for the current fiscal year.

Institutional Trading of Curbline Properties

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Rockefeller Capital Management L.P. grew its stake in Curbline Properties by 125.3% during 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 last quarter. Parallel Advisors LLC lifted 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. Nykredit A S acquired a new stake in shares of Curbline Properties during the second quarter worth about $55,000. Federation des caisses Desjardins du Quebec lifted 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, BNP Paribas Financial Markets boosted its position in Curbline Properties by 28.5% in the second quarter. BNP Paribas Financial Markets now owns 9,437 shares of the company’s stock valued at $215,000 after buying an additional 2,091 shares during the last quarter.

Wall Street Analyst Weigh In

CURB has been the subject of several recent analyst reports. Citigroup raised their price target on Curbline Properties from $33.00 to $36.00 and gave the stock a “buy” rating in a report on Monday, August 3rd. 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. Jefferies Financial Group began coverage on shares of Curbline Properties in a research report on Tuesday, August 25th. They issued a “buy” rating and a $36.00 price objective for the company. KeyCorp lifted their target price 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. Finally, Morgan Stanley reissued an “equal weight” rating and set a $30.00 target price on shares of Curbline Properties in a research report on Thursday, June 18th. Seven investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $32.22.

Check Out Our Latest Research Report on Curbline Properties

Curbline Properties Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Curbline Properties (NYSE:CURB)

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