Curbline Properties Corp. (NYSE:CURB – Get Free Report) Director Alexander Otto sold 221,812 shares of Curbline Properties stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $29.68, for a total value of $6,583,380.16. Following the sale, the director directly owned 6,586,370 shares in the company, valued at approximately $195,483,461.60. This trade represents a 3.26% decrease in their ownership of the stock. The transaction 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, September 9th, Alexander Otto sold 33,112 shares of Curbline Properties stock. The stock was sold at an average price of $29.59, for a total value 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 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 stock was 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 transaction of $36,300.60.
- On Tuesday, August 18th, Alexander Otto sold 32,927 shares of Curbline Properties stock. The stock was 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 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 shares were 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 Trading Down 0.2%
Shares of Curbline Properties stock opened at $29.33 on Friday. Curbline Properties Corp. has a 52-week low of $21.93 and a 52-week high of $32.15. The stock has a market cap of $3.37 billion, a PE ratio of 108.63 and a beta of 0.49. The firm has a 50-day moving average of $30.22 and a 200-day moving average of $28.85. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.63 and a current ratio of 0.63.
Analysts Set New Price Targets
A number of research analysts have recently weighed in on CURB shares. KeyCorp raised their target price on Curbline Properties from $32.00 to $34.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Wall Street Zen upgraded shares of Curbline Properties from a “strong sell” rating to a “sell” rating in a report on Saturday, August 1st. Citigroup upped their price objective 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. Wolfe Research downgraded Curbline Properties from an “outperform” rating to a “peer perform” rating in a research note on Monday, June 15th. Finally, Piper Sandler reduced their target price on Curbline Properties from $40.00 to $39.00 and set an “overweight” rating for the company in a report on Thursday, August 27th. Seven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $32.22.
Check Out Our Latest Stock Report on CURB
Hedge Funds Weigh In On Curbline Properties
A number of large investors have recently modified their holdings of the company. WINTON GROUP Ltd boosted its stake in Curbline Properties by 1.9% in the second quarter. WINTON GROUP Ltd now owns 219,012 shares of the company’s stock worth $6,658,000 after buying an additional 4,183 shares in the last quarter. Maven Securities LTD purchased a new stake in shares of Curbline Properties in the 2nd quarter valued at $2,280,000. Squarepoint Ops LLC boosted its stake in shares of Curbline Properties by 422.2% in the 2nd quarter. Squarepoint Ops LLC now owns 178,956 shares of the company’s stock valued at $5,440,000 after purchasing an additional 144,689 shares in the last quarter. Nykredit A S bought a new position in shares of Curbline Properties during the 2nd quarter valued at $55,000. Finally, Amundi raised its position in Curbline Properties by 2.1% in the 2nd quarter. Amundi now owns 53,080 shares of the company’s stock worth $1,614,000 after purchasing an additional 1,113 shares during the period.
Curbline Properties Company Profile
Curbline Properties Corporation (NYSE: CURB) is a self-managed real estate investment trust focused on owning and operating convenience-oriented retail properties. Its portfolio primarily consists of open-air shopping centers designed to serve everyday consumer needs and support services in established communities.
The company’s properties are generally occupied by tenants such as grocery stores, restaurants, healthcare providers, fitness operators, personal-service businesses and other necessity- and service-oriented retailers.
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