Insider Selling: Curbline Properties (NYSE:CURB) Director Sells $24,767.28 in Stock

Curbline Properties Corp. (NYSE:CURB) Director Alexander Otto sold 839 shares of the firm’s stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $29.52, for a total value of $24,767.28. Following the completion of the transaction, the director owned 6,550,075 shares of the company’s stock, valued at approximately $193,358,214. The trade was a 0.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• On Thursday, September 10th, Alexander Otto sold 2,344 shares of Curbline Properties stock. The stock was sold at an average price of $29.51, for a total value of $69,171.44.
• 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 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 shares were sold at an average price of $30.11, for a total transaction 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 transaction 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 transaction 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 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 shares were sold at an average price of $30.25, for a total transaction of $4,120,836.50.

Curbline Properties Price Performance

CURB stock opened at $28.44 on Friday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.63 and a current ratio of 0.63. The firm has a 50 day moving average price of $30.06 and a 200-day moving average price of $28.89. Curbline Properties Corp. has a 52-week low of $22.08 and a 52-week high of $32.15. The firm has a market capitalization of $3.27 billion, a price-to-earnings ratio of 105.33 and a beta of 0.49.

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

Curbline Properties Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 14th. Stockholders of record on Tuesday, September 29th will be issued a dividend of $0.17 per share. The ex-dividend date is Tuesday, September 29th. This represents a $0.68 annualized dividend and a dividend yield of 2.4%. Curbline Properties’s dividend payout ratio (DPR) is presently 251.85%.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. Jefferies Financial Group started coverage on shares of Curbline Properties in a research report on Tuesday, August 25th. They set a “buy” rating and a $36.00 price objective on the stock. Wolfe Research downgraded shares of Curbline Properties from an “outperform” rating to a “peer perform” rating in a research note on Monday, June 15th. Piper Sandler cut their price target on shares of Curbline Properties from $40.00 to $39.00 and set an “overweight” rating on the stock in a report on Thursday, August 27th. Citigroup raised their price target on shares of Curbline Properties from $33.00 to $36.00 and gave the company a “buy” rating in a research report on Monday, August 3rd. Finally, KeyCorp boosted their price objective on shares of Curbline Properties from $32.00 to $34.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Seven analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $32.22.

Hedge Funds Weigh In On Curbline Properties

A number of hedge funds have recently bought and sold shares of CURB. Nissay Asset Management Corp Japan grew its stake in shares of Curbline Properties by 2.9% in the second quarter. Nissay Asset Management Corp Japan now owns 15,466 shares of the company’s stock worth $470,000 after acquiring an additional 433 shares during the period. ProShare Advisors LLC boosted its holdings in Curbline Properties by 3.2% in 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 during the last quarter. Rockefeller Capital Management L.P. boosted its holdings in Curbline Properties by 125.3% in the fourth 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 during the last quarter. GSI Capital Advisors LLC grew its position in Curbline Properties by 0.5% in the 4th quarter. GSI Capital Advisors LLC now owns 158,081 shares of the company’s stock worth $3,669,000 after purchasing an additional 750 shares during the period. Finally, Amundi grew 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.