Alexander Otto Sells 1,206 Shares of Curbline Properties (NYSE:CURB) Stock

Key Points

• Director Alexander Otto sold 1,206 Curbline Properties shares for $36,300.60 at an average price of $30.10, reducing his position by 0.02% to 7.23 million shares. The sale followed several other transactions in August totaling hundreds of thousands of shares.
• CURB shares recently traded at $29.50, down $0.47, with a market capitalization of approximately $3.39 billion. The stock has ranged from $21.93 to $32.15 over the past year.
• Curbline Properties exceeded quarterly expectations, reporting $0.31 in EPS and $63.3 million in revenue, while analysts maintain a “Moderate Buy” consensus and an average price target of $31.11.

Curbline Properties Corp. (NYSE:CURB - Get Free Report) Director Alexander Otto sold 1,206 shares of Curbline Properties stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $30.10, for a total value of $36,300.60. Following the completion of the transaction, the director owned 7,231,687 shares in the company, valued at $217,673,778.70. This trade represents a 0.02% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

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

• 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 value 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.
• 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 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 transaction 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 stock was sold at an average price of $29.79, for a total transaction 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 transaction 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 trading on Thursday, reaching $29.50. The company's stock had a trading volume of 1,330,654 shares, compared to its average volume of 1,019,421. Curbline Properties Corp. has a 52-week low of $21.93 and a 52-week high of $32.15. 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 company's fifty day moving average price is $30.53 and its 200-day moving average price is $28.40. The company has a market capitalization of $3.39 billion, a price-to-earnings ratio of 109.26 and a beta of 0.51.

Curbline Properties (NYSE:CURB - Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The company reported $0.31 EPS for the quarter, beating the consensus estimate of $0.04 by $0.27. The business 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% on a year-over-year basis. During the same period in the prior year, the business earned $0.26 earnings per share. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. On average, equities analysts forecast that Curbline Properties Corp. will post 1.26 earnings per share for the current fiscal year.

Analysts Set New Price Targets

CURB has been the topic of a number of recent analyst reports. 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. Piper Sandler lifted their price target on shares of Curbline Properties from $39.00 to $40.00 and gave the company an "overweight" rating in a report on Wednesday, July 29th. Citigroup increased their price objective on shares of Curbline Properties from $33.00 to $36.00 and gave the stock a "buy" rating in a research note 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, KeyCorp increased 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. Six analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $31.11.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of CURB. Nissay Asset Management Corp Japan lifted its holdings in shares of Curbline Properties by 2.9% during the second quarter. Nissay Asset Management Corp Japan now owns 15,466 shares of the company's stock valued at $470,000 after purchasing an additional 433 shares during the last quarter. Maryland State Retirement & Pension System lifted its holdings in shares of Curbline Properties by 3.8% in the fourth quarter. Maryland State Retirement & Pension System now owns 14,322 shares of the company's stock valued at $332,000 after purchasing an additional 525 shares in the last quarter. ProShare Advisors LLC boosted its position in shares of 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 buying an additional 592 shares during the period. Rockefeller Capital Management L.P. grew its holdings in shares of Curbline Properties by 125.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,176 shares of the company's stock valued at $27,000 after buying an additional 654 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Curbline Properties by 33.5% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,768 shares of the company's stock valued at $64,000 after buying an additional 694 shares in the last quarter.

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.

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