Curbline Properties (NYSE:CURB) Director Sells 32,927 Shares

Curbline Properties Corp. (NYSE:CURB) Director Alexander Otto sold 32,927 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $30.02, for a total value of $988,468.54. Following the completion of the transaction, the director directly owned 7,232,893 shares in the company, valued at $217,131,447.86. This trade represents a 0.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

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

• 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 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 value 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 value 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 value 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 value 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 value of $609,336.00.
• On Thursday, August 6th, Alexander Otto sold 109,366 shares of Curbline Properties stock. The stock was sold at an average price of $29.79, for a total value 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 Stock Performance

CURB traded down $0.47 during midday trading on Thursday, hitting $29.50. 1,330,654 shares of the company traded hands, compared to its average volume of 1,019,421. 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 firm has a market capitalization of $3.39 billion, a PE ratio of 109.26 and a beta of 0.51. The company’s 50-day moving average is $30.53 and its 200 day moving average is $28.40. Curbline Properties Corp. has a 52 week low of $21.93 and a 52 week high of $32.15.

Curbline Properties (NYSE:CURB) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.27. Curbline Properties had a net margin of 13.10% and a return on equity of 1.50%. The firm had revenue of $63.30 million during the quarter, compared to analyst estimates of $57.25 million. During the same period in the previous year, the business posted $0.26 earnings per share. The business’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. On average, research analysts expect that Curbline Properties Corp. will post 1.26 EPS for the current year.

Hedge Funds Weigh In On Curbline Properties

A number of institutional investors have recently bought and sold shares of the stock. BlackRock Inc. purchased a new position in Curbline Properties during the second quarter valued at $531,338,000. Principal Financial Group Inc. increased its position in Curbline Properties by 110.3% in the first quarter. Principal Financial Group Inc. now owns 5,176,015 shares of the company’s stock worth $133,489,000 after buying an additional 2,714,859 shares in the last quarter. T. Rowe Price Investment Management Inc. raised its stake in shares of Curbline Properties by 21.6% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 13,342,821 shares of the company’s stock worth $309,687,000 after buying an additional 2,365,894 shares during the period. Deutsche Bank AG bought a new position in shares of Curbline Properties in the second quarter worth about $62,145,000. Finally, Jupiter Topco LLC purchased a new position in shares of Curbline Properties during the 2nd quarter valued at about $46,975,000.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on CURB shares. Wall Street Zen raised shares of Curbline Properties from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 1st. Piper Sandler raised 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. Wolfe Research lowered Curbline Properties from an “outperform” rating to a “peer perform” rating in a report on Monday, June 15th. Morgan Stanley reiterated an “equal weight” rating and set a $30.00 price objective on shares of Curbline Properties in a research report on Thursday, June 18th. Finally, Weiss Ratings upgraded shares of Curbline Properties from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, August 12th. Six research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price 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.