Curbline Properties (NYSE:CURB) Director Alexander Otto Sells 33,112 Shares

Curbline Properties Corp. (NYSE:CURB) Director Alexander Otto sold 33,112 shares of the stock in a transaction dated Wednesday, September 9th. The shares were sold at an average price of $29.59, for a total value of $979,784.08. Following the transaction, the director directly owned 6,553,258 shares in the company, valued at approximately $193,910,904.22. This represents a 0.50% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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

• On Tuesday, September 8th, Alexander Otto sold 221,812 shares of Curbline Properties stock. The shares were sold at an average price of $29.68, for a total value of $6,583,380.16.
• On Friday, August 28th, Alexander Otto sold 110,144 shares of Curbline Properties stock. The stock was sold at an average price of $30.11, for a total value 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 value of $4,068,967.56.
• On Tuesday, August 25th, Alexander Otto sold 174,293 shares of Curbline Properties stock. The shares were sold at an average price of $30.12, for a total value of $5,249,705.16.
• 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 value 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 stock was 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 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.

Curbline Properties Stock Performance

Shares of CURB opened at $29.46 on Friday. The company has a market capitalization of $3.39 billion, a PE ratio of 109.10 and a beta of 0.49. Curbline Properties Corp. has a one year low of $21.93 and a one year high of $32.15. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.63 and a quick ratio of 0.63. The company’s fifty day moving average price is $30.24 and its 200 day moving average price is $28.85.

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

Institutional Trading of Curbline Properties

A number of hedge funds have recently modified their holdings of CURB. Nissay Asset Management Corp Japan grew its stake in shares of Curbline Properties by 2.9% in the 2nd quarter. Nissay Asset Management Corp Japan now owns 15,466 shares of the company’s stock valued at $470,000 after purchasing an additional 433 shares during the period. Maryland State Retirement & Pension System raised its holdings in shares of Curbline Properties by 3.8% in the fourth quarter. Maryland State Retirement & Pension System now owns 14,322 shares of the company’s stock valued at $332,000 after buying an additional 525 shares during the last quarter. ProShare Advisors LLC lifted its position in shares of Curbline Properties by 3.2% during the fourth quarter. ProShare Advisors LLC now owns 18,930 shares of the company’s stock worth $439,000 after purchasing an additional 592 shares in the last quarter. Rockefeller Capital Management L.P. lifted its holdings 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 worth $27,000 after buying an additional 654 shares in the last quarter. Finally, GSI Capital Advisors LLC lifted its stake in shares of Curbline Properties by 0.5% during the fourth quarter. GSI Capital Advisors LLC now owns 158,081 shares of the company’s stock valued at $3,669,000 after acquiring an additional 750 shares during the period.

Wall Street Analyst Weigh In

Several analysts recently weighed in on CURB shares. Citigroup increased their target price on Curbline Properties from $33.00 to $36.00 and gave the company a “buy” rating in a research note on Monday, August 3rd. Jefferies Financial Group assumed coverage on Curbline Properties in a report on Tuesday, August 25th. They set a “buy” rating and a $36.00 price target for the company. KeyCorp increased their price objective on Curbline Properties from $32.00 to $34.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. 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 note on Thursday, August 27th. Finally, Wall Street Zen upgraded shares of Curbline Properties from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 1st. Seven equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price 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.