Curbline Properties (NYSE:CURB) Director Sells 134,269 Shares of Stock

Curbline Properties Corp. (NYSE:CURB) Director Alexander Otto sold 134,269 shares of the company’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $30.11, for a total transaction of $4,042,839.59. Following the transaction, the director owned 7,773,003 shares of the company’s stock, valued at $234,045,120.33. This represents a 1.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

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

• On Tuesday, August 4th, Alexander Otto sold 38,788 shares of Curbline Properties stock. The shares were sold at an average price of $30.17, for a total transaction of $1,170,233.96.

Curbline Properties Price Performance

Shares of NYSE CURB traded down $0.38 during trading on Thursday, hitting $29.68. The company had a trading volume of 1,507,376 shares, compared to its average volume of 983,560. The firm has a market capitalization of $3.41 billion, a price-to-earnings ratio of 109.91 and a beta of 0.51. The stock has a fifty day simple moving average of $30.39 and a two-hundred day simple moving average of $27.99. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.17. Curbline Properties Corp. has a fifty-two week low of $21.75 and a fifty-two week high of $32.15.

Analysts Set New Price Targets

Several equities research analysts have commented on CURB shares. JPMorgan Chase & Co. boosted their price objective on Curbline Properties from $30.00 to $31.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Piper Sandler lifted their price target on Curbline Properties from $39.00 to $40.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. KeyCorp boosted their price target on Curbline Properties from $32.00 to $34.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Wolfe Research downgraded Curbline Properties from an “outperform” rating to a “peer perform” rating in a research note on Monday, June 15th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Curbline Properties in a report on Wednesday, July 29th. Five analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Curbline Properties currently has an average rating of “Moderate Buy” and an average price target of $31.11.

Institutional Trading of Curbline Properties

Hedge funds have recently bought and sold shares of the business. Rockefeller Capital Management L.P. lifted its stake in Curbline Properties by 125.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,176 shares of the company’s stock worth $27,000 after purchasing an additional 654 shares in the last quarter. Parallel Advisors LLC increased its holdings in shares of Curbline Properties by 393.7% in the third quarter. Parallel Advisors LLC now owns 2,039 shares of the company’s stock valued at $45,000 after purchasing an additional 1,626 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Curbline Properties by 33.5% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,768 shares of the company’s stock valued at $64,000 after purchasing an additional 694 shares during the last quarter. Federation des caisses Desjardins du Quebec lifted its position in 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 buying an additional 1,672 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new position in Curbline Properties during the first quarter worth approximately $224,000.

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.