Insider Selling: Curbline Properties (NYSE:CURB) Director Sells 174,293 Shares of Stock

Curbline Properties Corp. (NYSE:CURB) Director Alexander Otto sold 174,293 shares of the firm’s stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $30.12, for a total value of $5,249,705.16. Following the completion of the transaction, the director owned 7,057,394 shares of the company’s stock, valued at $212,568,707.28. The trade was a 2.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• 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 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 value 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 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 stock was 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 stock was 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 shares were 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 shares were sold at an average price of $30.11, for a total transaction of $4,042,839.59.

Curbline Properties Stock Down 0.7%

Shares of NYSE:CURB traded down $0.22 during midday trading on Thursday, hitting $29.90. The stock had a trading volume of 876,621 shares, compared to its average volume of 1,017,914. The company has a market cap of $3.44 billion, a P/E ratio of 110.75 and a beta of 0.51. Curbline Properties Corp. has a 12 month low of $21.93 and a 12 month high of $32.15. The business’s 50-day simple moving average is $30.47 and its 200-day simple moving average is $28.58. 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 (NYSE:CURB) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.27. The firm had revenue of $63.30 million for the quarter, compared to analyst estimates of $57.25 million. Curbline Properties had a net margin of 13.10% and a return on equity of 1.50%. The company’s quarterly revenue was up 52.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.26 earnings per share. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. On average, sell-side analysts forecast that Curbline Properties Corp. will post 1.26 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Curbline Properties

Several large investors have recently modified their holdings of the stock. BlackRock Inc. bought a new stake in shares of Curbline Properties during the 2nd quarter worth about $531,338,000. T. Rowe Price Investment Management Inc. raised its holdings in Curbline Properties by 21.6% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 13,342,821 shares of the company’s stock valued at $309,687,000 after acquiring an additional 2,365,894 shares during the period. State Street Corp lifted its position in Curbline Properties by 1.9% during the second quarter. State Street Corp now owns 5,515,437 shares of the company’s stock worth $126,772,000 after acquiring an additional 101,813 shares during the last quarter. Principal Financial Group Inc. lifted its position in Curbline Properties by 110.3% during the first quarter. Principal Financial Group Inc. now owns 5,176,015 shares of the company’s stock worth $133,489,000 after acquiring an additional 2,714,859 shares during the last quarter. Finally, Alyeska Investment Group L.P. boosted its holdings in shares of Curbline Properties by 50.2% during the second quarter. Alyeska Investment Group L.P. now owns 3,457,221 shares of the company’s stock worth $105,100,000 after acquiring an additional 1,155,731 shares during the period.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on CURB shares. Jefferies Financial Group initiated coverage on shares of Curbline Properties in a report on Tuesday. They issued a “buy” rating and a $36.00 target price on the stock. Citigroup boosted their price target on Curbline Properties from $33.00 to $36.00 and gave the stock a “buy” rating in a research report on Monday, August 3rd. Wall Street Zen upgraded Curbline Properties from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 1st. JPMorgan Chase & Co. upped their price objective on Curbline Properties from $30.00 to $31.00 and gave the company an “overweight” rating in a research note on Monday, May 4th. Finally, Piper Sandler cut their price objective on Curbline Properties from $40.00 to $39.00 and set an “overweight” rating for the company in a research report on Thursday. Seven analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $31.50.

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.